Green Car Congress
MAY 4, 2016
In recent years, all six Gulf monarchies—Saudi Arabia, the United Arab Emirates (UAE), Kuwait, Oman, Qatar and Bahrain—have begun to challenge the notion that citizens are entitled to cheap energy. Policymakers hope higher energy prices can produce a number of helpful effects, the authors said.
Green Car Reports
AUGUST 4, 2016
Cheap gasoline is good news for the economies of most countries, but not those that rely on oil exports. In some cases, that means cutting back on cheap gas for their own citizens. The sustained fall in global prices has led oil-producing countries to search for ways to keep their revenues up.
Green Car Congress
APRIL 10, 2015
Cheap oil has created a huge financial crisis for Venezuela as its economy is heavily dependent on oil exports and oil revenues constitute about 95% of its total foreign exchange earnings. Containing some of the largest proven oil and gas reserves in the world, Venezuela is one of the founding members of OPEC.
Green Car Congress
MAY 6, 2019
Saudi Arabia and Kuwait might, and should be encouraged to do so. Petro-states are compensated to transition smoothly to a sustainable economy, avoiding a last-ditch attempt to flood the world with cheap oil and gas. Nigeria or Algeria cannot do the same for their oil industry. —Goldthau et al. Geopolitical friction is low.
The Truth About Cars
FEBRUARY 12, 2024
Gas was cheap during the late 1980s and early 1990s, other than a spike after Iraq invaded Kuwait , but some car buyers still wanted good fuel economy. My guess is that the reels turned over once, for a total of 162,150.9 Gets 100 kilometers per 4.5 liters of gasoline on the Canadian highway.
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