article thumbnail

Opinion: Saudis Planning For A War Of Attrition In Europe With Russia’s Oil Industry

Green Car Congress

Russia’s central bank recently warned about the growing financial risks to the Russian economy from Saudi Arabia encroaching upon its traditional export market for crude oil. Russia sends 70 percent of its oil to Europe, but Saudi Arabia has been making inroads in the European market amid the oil price downturn.

article thumbnail

$10-Trillion Investment Needed To Avoid Massive Oil Price Spike Says OPEC

Green Car Congress

OPEC says that $10 trillion worth of investment will need to flow into oil and gas through 2040 in order to meet the world’s energy needs. The OPEC published its World Oil Outlook 2015 (WOO) in late December, which struck a much more pessimistic note on the state of oil markets than in the past. mb/d between 2020 and 2025, 3.3

article thumbnail

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.

Oil 150
article thumbnail

Day Of Reckoning For US Shale Will Have To Wait

Green Car Congress

It may just delay the adjustment for oil markets. “It Kicking the can means that production may not fall as fast as expected, which will mean oil prices may not begin to stage a rally as quickly as some had hoped. Moody’s Investors Service sees the contraction as too little to make a significant dent in the global supply gut.

article thumbnail

California ARB mods to ZEV regulations for IVMs would result in ~1.9% drop in total ZEV/TZEV units 2018-2025; no impact on air quality requirements

Green Car Congress

Europe has gasoline taxes over $4 per gallon and still finds the need to adopt aggressive performance standards for cars to reduce GHGs and oil use. After consulting with manufacturers, ARB staff decided that a better indicator of this ability is “ robust global revenue in conjunction with the established manufacturer sales threshold ”.

2018 257
article thumbnail

First Drive: 2016 Hyundai Sonata PHEV and HEV

Green Car Congress

Hyundai will initially offer the Sonata Plug-in Hybrid in the ZEV states—California, Connecticut, Maine, Maryland, Massachusetts, New Jersey, New York, Oregon, Rhode Island and Vermont—in 2015. The 6-speed AT features a high-voltage electric oil pump for improved efficiency.

PHEV 150
article thumbnail

Where Plug-In Hybrid Conversions (mostly Priuses) Are

Tony Karrer Delicious EVdriven

Our PRIUS+ Project Photos PHEV Resources Global Warming Take Action News and Events Contact Us Where Plug-In Hybrid Conversions (mostly Priuses) Are This is a mirror of the map at Googles RechargeIt site (including icons for YouTube videos on both PHEVs and EVs). Burbank Water and Power 2007 Prius by Energy CS, May 2007, (Burbank, CA).

Prius 48