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Today’s Stunted Oil Prices Could Cause Oil Price Shock In 2020

Green Car Congress

As oil prices remain unsteady and OPEC continues to make headlines every hour, the world is focused on oil’s immediate future. With this kind of impending discrepancy between supply and demand, the industry needs to start looking for new sources of oil, and quickly. by Haley Zaremba for Oilprice.com.

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Nikkei: popularity of fuel-efficient vehicles lowering demand for gasoline in Japan

Green Car Congress

The Nikkei reports that the nationwide average price in Japan for regular gasoline was ¥139.8 per gallon US) as of Monday, dropping for the 13 th straight week to a 16-month low, according to the Agency for Natural Resources and Energy. per liter ($6.65

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Opinion: Oil Megaprojects Won’t Stay On The Shelf For Long

Green Car Congress

One casualty of the oil price downturn could be the megaproject. For years, as conventional oil reserves depleted and became increasingly hard to find, oil companies ventured into far-flung locales to find new sources of production. The collapse of oil prices, however, could kill off the megaproject.

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Fossil fuel emissions expected to grow in 2010

Green Cars News

According to the US Energy Information Administration, there will be an increase in emissions in the region of 2.1 Tags: Global warming Green cars Latest news emissions ethanol fossil fuels fuel prices oil prices petrol prices. per cent this year despite a fall [.].

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Are biofuels the answer for green cars? The Green Piece

Green Cars News

Global use of biofuels will more than double between 2009 and 2015 – that is the verdict of Hart Energy Publishing’s Global Biofuels Centre (see article ). Generally, any alternative energy form that can help reduce carbon dioxide (CO2) emissions and limit our reliance on fossil fuels is well-received.

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Perspective: Government Leadership Needed for Electric Vehicles to Succeed

Green Car Congress

Jack Rosebro, founder of Perfect Sky in Los Angeles [and a contributor to Green Car Congress ], spoke of the need for government policy makers to move beyond incremental changes that are not providing enough incentive for the market to produce alternatives to oil as the almost exclusive source of energy for road and rail transportation.

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Global biofuels productions hits all-time high

Green Cars News

The total is up from 90billion litres in 2009 and, research conducted by Worldwatch Institute’s Climate and Energy Programme, suggests that high oil prices and a global economic [.].

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