With oil prices again testing the $40/bbl mark, Robert Rapier explains why predictions of $20 oil are off the mark.
The July announcement from Chevy of its upcoming $38K, 200-mile range Bolt electric car is, in my humble opinion, of similar historical importance to Nissan’s announcement back in 2011 of the Leaf. With 55 test Bolts running around, this looks like the real deal. When it comes to electric cars, it’s all about the battery and for the Bolt that battery is made by LG Chem. The price and range of the Bolt says it all, which is why Nissan… Continue»
“Oil reserves are a function of oil prices”, writes Robert Rapier, who goes on to explain why this is going to be a real problem for many companies at the end of the year.