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Why Wall Street is throwing billions at the Permian

Green Car Congress

The collapse of oil prices has ground shale drilling to a halt, but the one region where drilling is still active, and even increasing, is in West Texas. Also, Concho Resources announced its decision to pay $1.6 8 article , QEP Resources paid $60,000 an acre to an undisclosed owner in June. by Nick Cunningham of Oilprice.com.

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ICCT assesses factors driving EV market in US cities

Green Car Congress

The San Jose area had the highest share at 10%, followed by other California areas (4% to 6%) and markets in Colorado, Hawaii, Oregon, Vermont, and Washington (2% to 4%). Overall, the share of new vehicles that are plug-in electric in these 50 areas is 1.2%, about 3 times the proportion in the rest of the United States. cities ”.

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Governors of 8 states sign MoU to put 3.3M zero-emission vehicles on roads by 2025; 15% of new vehicle sales

Green Car Congress

The governors of 8 states—California, Connecticut, Maryland, Massachusetts, New York, Oregon, Rhode Island and Vermont—have signed a memorandum of understanding ( MoU ) to take specific actions to put 3.3 This multi-state effort is intended to expand consumer awareness and demand for zero-emission vehicles.

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False Starts: The Story of Vehicle-to-Grid Power

Cars That Think

Some observers thought V2G could prevent the kinds of price spikes and rolling blackouts then plaguing the Golden State. Major utilities were compelled to purchase high-cost peaking power, and because retail prices were capped, they could not pass their costs on to consumers.

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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. Often these megaprojects projects were only the purview of the largest oil companies, as smaller players did not have the resources—financial or technological—to make them work. The collapse of oil prices, however, could kill off the megaproject.

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The State of Medium- and Heavy-Duty Vehicle Electrification

Driivz

Massachusetts, New Jersey, New York, Oregon, Washington, and Vermont are adopting the same rules. On the plus side, the federal Inflation Reduction Act includes a tax credit of 30% of a commercial electric vehicle’s purchase price up to $40,000, and a few states offer incentives as well.

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8-state alliance releases action plan to put 3.3M ZEVs on their roads by 2025

Green Car Congress

The partner states are California, Connecticut, Maryland, Massachusetts, New York, Oregon, Rhode Island and Vermont. It also includes working with automakers and dealers to identify, evaluate, and implement creative financing approaches and other effective strategies to reduce vehicle purchase price and increase ZEV sales.

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