Congratulations To OPEC
This time it has achieved an agreement with non-OPEC producers which is supposed to slash another 558,000 barrels per day in oil production. That’s the first time such an agreement has been done since 2001.
OPEC
Price Of Oil Headed Back Up, Gasoline Hikes Will Follow
In the world of oil, Saudi Arabia is the tail that wags the dog. For several years, it has stubbornly refused to cut oil production in the face of falling oil prices in order to maintain its dominant share of the oil market. It is also part of a strategy to drive tar sands and fracking producers out of business. Those non-traditional sources of oil are far more costly than pumping from reserves under the Arabian desert.
OPEC Member Survey: Fewer Than 1 In Every 16 Vehicles In 2040 Will Be Powered…
Some of us have been speculating that some OPEC members are beginning to brace themselves for the eventual end of oil, but it appears that most members don’t actually believe that “alternative” transportation modalities are going to become common anytime in the next 24 years, going by a recent member survey. Or, … [continued]
Cleantech Disruption — My Presentation At Institutional Investment Conference In India (Video)
Last month, I went to Mumbai, India, to present at an institutional investment conference that was focused on disruptive technology. Complementing presentations by Piyush Goyal (India’s Minister of State for Power, Coal, and New and Renewable Energy) and Pashupathy Gopalan (SunEdison’s Asia Pacific President), I presented on cleantech disruption — the market disruption from solar power, wind power, … [continued]
EVs Will Not Gain Significant Market Share… Says OPEC
Originally published on Gas2. To hear the people who run OPEC tell it, the world will continue to consume oil in prodigious quantities for at least the next 50 years, come Hell or rising sea levels. Basically, it thinks the people of the world are too stupid and too weak … [continued]
Tesla Model X Hitting Showrooms This Month, Our Autonomous Future… (EV & Clean Transport News…
I’ve apparently been collected extra stories to share for a few weeks. Scroll on down if you want some more EV and clean transport reading. To kick things off, here’s one looking forward to the new year: 11–13 Electric Cars To Light Up The Market In 2016 Between the electric car models that … [continued]
Tesla Airbnb, Why BEVs Trump FCEVs… (Clean Transport Link Drop)
Some top clean transport reading for your Tuesday (& more?) pleasure: Tesla I Spent a Night in the Tesla Airbnb, For Science (and Pizza) After the Moaning, Tesla Makes Some Changes Charging on Road Trips — It’s against Common Sense Warm Silver Pictures (aka Titanium) I Survived a “Launch”! “D” … [continued]
Saudi Arabia Sees End Of Oil Age On The Horizon
Originally published on EnergyPost. By Elias Hinckley Most analysts believe Saudi Arabia refuses to cut production because it wants to shake out its higher-cost competitors or because it wants to punish Iran and Russia. There may be some truth in those theories, writes Elias Hinckley, strategic advisor and head of … [continued]
Falling Oil Prices Will Not Bother Solar
About two weeks back, the OPEC (Organization of the Petroleum Exporting Countries) oil producers’ cartel decided not to cut output at its meeting in Vienna. Since then, oil prices have plummeted to a record five-year low. Saudi Arabia, the world’s largest oil exporter and OPEC’s most influential member could potentially support … [continued]
Masdar To Build First Large-Scale Wind Farm In GCC
Masdar announced Wednesday that it had signed an agreement to build the first large-scale wind farm in a Gulf Cooperation Council country, in the Sultanate of Oman. The $125 million, 50 MW wind farm will be constructed in the country’s Dhofar Governorate, and is estimated to generate energy to power 16,000 … [continued]
