Remove Future Remove Purchase Remove Tax Remove Venezuela
article thumbnail

Opinion: Oil Market ShowdownCan Russia Outlast The Saudis?

Green Car Congress

Venezuela, an OPEC member, has even proposed an emergency summit meeting. and China markets, while the Russian Finance Ministry recently backed away from a tax proposal which Russian crude producers said would reduce their output. Both Saudi Arabia and Russia paint positive portraits on current and future economic performance.

Russia 150
article thumbnail

Electric cars to account for 64 per cent of car sales by 2030

Green Cars News

This level of adoption is made possible by the lower purchase price and reduced per-mile driving cost of electric cars with switchable batteries as compared to gasoline-powered cars. million barrels per day, equivalent to the amount currently imported daily from the Persian Gulf region and Venezuela. light-vehicle fleet by 2030.

article thumbnail

One Million and 300 Million

Plug In Partners

Barack Obama on Monday called reducing the nation’s energy consumption “the great test of our time” and proposed billions of dollars in subsidies for business and consumers to encourage a “ clean energy “ future. “We We can do this,” he vowed in Michigan, the nation’s car capital, promising to spend $150 billion over 10 years on the effort.

Obama 100