article thumbnail

MIT study cautions smaller nations on rushing to develop their natural gas resources; Cyprus as model

Green Car Congress

While natural gas is often cheaper than oil and gives off fewer emissions, developing the resource comes with risks, especially for smaller nations. Noble has also discovered the 9 Tcf Tamar Field offshore Israel (2009), followed by the 17 Tcf Leviathan Field, also offshore Israel. Operating maintenance costs were set at $0.20/MMBtu

Cyprus 261
article thumbnail

Electric Car Manufacturers Inspire New Paradigms -- Seeking Alpha

Tony Karrer Delicious EVdriven

The customer will only pay a monthly fee about $240 (US Dollars) which includes a full maintenance service agreement; carbon offset payments and in some countries even all electricity used, and insurance. You also repeat the "peak oil" argument that Ive been reading since the 60s. We have oil!