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Heard At The Show: Snippets from SAE 2009 World Congress

Green Car Congress

In this country a lot of the new cars are purchased by higher income households and a typical modest income household is driving a used car.The typical American that is buying a new car, which costs on average $28,000, isn’t currently driving a car that costs $2,000. billion/year to the DOD’s fuel bill.

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Opinion: Saudi Oil Strategy: Brilliant Or Suicide?

Green Car Congress

In the last quarter of 2014, in the face of possible oversupply, Saudi Arabia abandoned its traditional role as the global oil market’s swing producer and therefore it role as unofficial guarantor of existing ($100+ per barrel) prices. Prices rebounded to $60 for a few months, before falling once again below $50.