Will EVs break the grid?
While EV sales are going to rise and electricity demand to power them will strain the grid and lead to less-than-ideal power generation solutions, the whole plan will help clean power generation to increase its market share.
Archive for year: 2017
Permian oil reserves are grossly exaggerated
Global energy dominance by the United States is somewhere between aspirational and absurd.
Electric vehicles: Imminent breakout or breakdown?
The media flavor of the day is “Peak Oil Demand.” It’s being predicted due to plummeting battery costs for electric vehicles, which are on the verge of reaching a point where EVs become competitive with internal combustion vehicles, resulting in a drop in oil consumption.
Two October surprises could boost oil prices above $50
Oil prices will remain stuck in a range near $50 a barrel unless one of two global hotspots delivers an October surprise to the market, jolting the cost of crude higher, according to Helima Croft, global head of commodity strategy at RBC Capital Markets.
Trump’s day of doom for national monuments approaches
In April, the White House announced its intent to review 27 different national monument designations, as the Interior Department looks for commercial opportunities for the oil, mining and timber industries on American public lands.
Saudi Aramco IPO pits foreign investors against Saudi citizens
Imagine how shareholders would react if Exxon Mobil gave away a third of the oil it produced, rather than selling it at market prices. There would be hell to pay, right?
Legislation calls for $3 billion in rebates for electric cars in California
California Assembly member Phil Ting, D-San Francisco, says electric cars are the future. And the future he envisions in a bill making its way through the Legislature comes with a $3 billion price tag.
Hyundai gets the hint, focuses on battery-powered electric cars, not fuel cells
Today, you’d be hard pressed to find an major automaker that’s still in denial about electrification. Even vocal skeptics like Volkswagen and Mazda have come around to the idea that tomorrow’s cars, trucks, vans, and SUVs will run on electricity, not gasoline or diesel.
Refiner Valero’s secret campaign against U.S. biofuels mandates
U.S. biofuels regulations, which mandate mixing corn-based ethanol into gasoline, have lately drawn together a diverse cast of political opponents.
The bus is back! Volkswagen to launch I.D. Buzz in 2022
The vehicle will be aimed at buyers in North America, Europe, and China and will come in passenger and cargo van models. VW also says the bus will be a strong part of its strategy for autonomous transportation.
