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Increase in US rig count will not cap oil prices

Green Car Congress

The impact of rising oil prices on North American light tight oil (LTO) production is said to be a “Catch 22”, the title of Joseph Heller’s popular 1961 novel set in WWII. So this avenue to escape the war didn’t work for the book’s main character John Yossarian. oil rig count as a precursor of when US LTO would fall.

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Cleantech Blog: Smart Grids and Electric Vehicles

Tony Karrer Delicious EVdriven

A Perfect Storm for Water Counting Calories and Counting Carbon: The Role of. Millions of EVs and PHEVs would expand the sale of electricity as an alternative to oil. No more Big OIL - think of the extra money stimulating the economy! Cleantech Crunched Top 10 Low Carbon Footprint Cars (and one SUV) for. Then we are done!

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