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IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

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The passenger vehicle fleet doubles to almost 1.7 PLDV demand for oil is based on four factors, according to WEO 2011: the rate of expansion of the fleet; average fuel economy; average vehicle usage; and. The largest increase in oil production comes from Iraq, followed by Saudi Arabia, Brazil, Kazakhstan and Canada.

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GE Transportation Unveils New Evolution Series Locomotive; 17% Reduction in Fuel Consumption, 70% Reduction in Emissions

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The new model, which is part of GE’s ecomagination program, delivers a cleaner, faster, safer and more reliable alternative to the aging North American fleet of DC-powered locomotives. Evolution Series Locomotives currently are operating in the United States, Canada, Mexico, Brazil, China, Mongolia, Australia, Kazakhstan and Egypt.

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Opinion: Uranium Prices Set To Double By 2018

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Mining Weekly expects “the period from 2017-2020 to be a landmark period for the nuclear sector and uranium stocks, as the global operating nuclear reactor fleet expands.”. But the toxicity levels have dissipated, and nuclear energy is rebounding as a cleaner power source with next generation safeguards.

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