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Chevron sells 30% stake in Canadian Duvernay shale play to Kuwait Foreign Petroleum for $1.5B

Green Car Congress

Chevron Corporation’s indirect, wholly-owned subsidiary, Chevron Canada Limited, has reached an agreement to sell a 30% interest in its Duvernay shale play to Kuwait Foreign Petroleum Exploration Company’s wholly-owned subsidiary, KUFPEC Canada Inc.,

Kuwait 210
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Junkyard Find: 1992 Geo Metro 4-door hatchback

The Truth About Cars

If we're talking about realistic Metro competitors here, the base 1992 Ford Festiva actually managed to undercut the price tag on the cheapest possible Metro two-door hatchback that year: $6,911 versus $6,999. I suspect that the radio was a junkyard-obtained unit swapped in long after purchase, since body parts have been swapped as well.

Suzuki 97
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Landsat Proved the Power of Remote Sensing

Cars That Think

The Kremlin, trying to avoid famine at home, sent representatives to the United States to purchase American wheat, corn, oats, rye, and soybeans. Within a few months of the sales, however, global food prices soared by 50 percent, and U.S. The Soviets were capitalizing on a recent change in U.S. billion in today’s dollars).

Power 106
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Heard At The Show: Snippets from SAE 2009 World Congress

Green Car Congress

How did the high fuel prices impact customer behavior in 2008? A $1 change in gas prices can lead to a 4-6% shift in take rates (i.e. Alexander Edwards, President, Automotive Strategic Vision believes the exodus from full size SUVs was caused by economic caution as much as higher gas prices. The cells make up the remainder.

Congress 150
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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. The Saudis obviously miscalculated the degree to which their shift would negatively impact oil prices.