Gas Prices: You Could Pay $10 A Gallon. Or Just 6 Cents. Why?

Green Car Reports

But you may wish you were in Caracas, Venezuela, where enormous government subsidies cut the price to a ridiculous 6 cents per gallon. And you may thank your stars you're not in Asmara, Eritrea, where taxes What did you pay for gasoline the last time you filled up? If you're in the U.S., probably about $2.70 per gallon. Yep, six pennies.

IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

Green Car Congress

In Mexico, auto sales stalled through the first seven months of 2014, causing some concern that new tax policies implemented at the beginning of 2014 were hurting auto demand growth; however, motivated by incentives to help spark demand, light vehicle sales grew throughout the second half of the year. Uncertainty lingers over Argentina, Brazil, Chile and Venezuela for 2015. IHS Automotive forecasts global automotive sales for 2015 to reach 88.6 million, an increase of 2.4%

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Mad Power thoughts

EV Info

Because energy is a bigger part of the household budget of poorer people than richer people, this is a regressive tax. Had it not been so exceptionally calm in the run up to this autumn equinox, one could call the energy crisis a perfect storm.

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Opinion: Oil Market ShowdownCan Russia Outlast The Saudis?

Green Car Congress

Venezuela, an OPEC member, has even proposed an emergency summit meeting. and China markets, while the Russian Finance Ministry recently backed away from a tax proposal which Russian crude producers said would reduce their output. The Finance Ministry sought a change in the mineral extraction tax formula to generate an additional 609 billion rubles in 2015 and 1.6 by Dalan McEndree for Oilprice.com. Two men enter, one man leaves, two men enter, one man leaves, two men enter.

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One Million and 300 Million

Plug In Partners

The plans include a $ 7,000 tax credit to drivers who buy advanced-technology vehicles and $4 billion in direct assistance to Detroit automakers to help them build hybrid vehicles in the U.S. “I If I am president, I will immediately direct the full resources of the federal government and the full energy of the private sector to a single, overarching goal — in 10 years, we will eliminate the need for oil from the entire Middle East and Venezuela,” Obama said. “To

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Electric cars to account for 64 per cent of car sales by 2030

Green Cars News

million barrels per day, equivalent to the amount currently imported daily from the Persian Gulf region and Venezuela. Given current battery prices and the federal tax incentives for the purchase of electric cars, switchable battery vehicles are expected to be $7,500 less expensive than a similar gasoline-powered car when introduced to the market in 2012.

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