Archive for
June, 2012
13 entries in this archive. Displaying 1-10 of 13
Beginning July 1, the European embargo of Iranian oil will come into effect. European action, which was announced in January, has this week been accompanied by South Korea, one of Iran’s primary oil clients in Asia, who agreed t...
Posted Friday, June 29th, 2012 at 1:51 pm | Filed in: Energy Demand, Oil, Oil Dependence
It’s no secret that widespread electric vehicle adoption is the single best alternative to oil’s stranglehold over the transportation sector. Currently, 94 percent of all transportation in the United States is fueled by petrol...
Posted Friday, June 29th, 2012 at 10:26 am | Filed in: Electrification, Energy Supply, Oil Dependence
On June 26, 1956, the U.S. Congress approved the Federal Highway Act, allocating more than $30 billion (approximately $250 billion in 2012 dollars) for the construction of 41,000 miles of interstate highways through the National S...
Posted Tuesday, June 26th, 2012 at 2:32 pm | Filed in: Energy Demand, Energy Efficiency, Oil Dependence, Transportation
The Department of Energy’s Energy Information Administration (EIA) released their Annual Energy Outlook (AEO) 2012 yesterday, highlighting the importance of the 2017-2025 CAFE standards to our nation’s energy security. As comp...
Posted Tuesday, June 26th, 2012 at 6:18 am | Filed in: Automotive, Economic Security, Electrification, Oil Dependence, Transportation
The Congressional Research Service (CRS) released a new report this week discussing the impact of changing oil prices on the U.S. trade deficit. They highlighted the rising cost of energy as one factor that helped dampen the rat...
Posted Friday, June 22nd, 2012 at 8:03 am | Filed in: Economic Security, Energy Demand, Energy Supply, Oil, Oil Dependence, Oil Prices
As reported in the Wall Street Journal Tuesday, China’s China National Petroleum Corp (CNPC) has signed a memorandum of understanding with India’s state-run Oil and Natural Gas Corp (ONGC) to further collaborate on overseas oi...
Posted Thursday, June 21st, 2012 at 5:57 am | Filed in: Energy Demand, Energy Supply, Oil, Oil Prices
The Interior Department’s Bureau of Ocean Energy Management (BOEM) opened bidding from 48 companies with 593 offers on 454 tracts in the Gulf this morning in New Orleans at the Mercedes-Benz Superdome. BOEM estimates approximate...
Posted Wednesday, June 20th, 2012 at 1:08 pm | Filed in: Energy Demand, Energy Supply, Oil
Last week, the Organization of Petroleum Exporting Countries determined to maintain its current output (of 30 million barrels a day), originally agreed to in December. The logic of maintaining an output level which has been contin...
Posted Tuesday, June 19th, 2012 at 2:32 pm | Filed in: Energy Security, Oil, Oil Dependence, Oil Prices
A123 Systems Tuesday announced an important breakthrough in electric vehicle battery technology which would reduce the need for costly thermal regulation of battery packs. The battery is called the Nanophosphate EXT and is based o...
Posted Friday, June 15th, 2012 at 7:16 am | Filed in: Automotive, Electrification, Transportation
The Electrification Coalition (EC)—a project of Securing America’s Future Energy (SAFE)—is currently in Orlando, Florida this week for the U.S. Conference of Mayors. The EC’s activities, which include providing mayors an...
Posted Thursday, June 14th, 2012 at 7:42 am | Filed in: Electrification, Energy Security, Gas Prices, Oil Dependence, Oil Prices
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