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for Sam Ori | @samori8 - The Fuse
The Empire Strikes Back: It's Way Too Soon To Write Oil's Obituary
The past two years have reminded many observers that black gold is tough to beat, no matter what commitments countries make, and that countries like China still have a lot of room to grow.
A Hard Truth Revealed From Fuel Efficiency Upset: Government Can't Predict Consumer Preferences
Instead of achieving the original, headline-grabbing efficiency target of 54.5 miles per gallon (mpg), the fleet of new vehicles sold in 2025 is likely to clock-in at more like 50 mpg. And even that target depends on fuel prices over the next decade—with oil prices needing to approach $100 per barrel by 2025 to keep efficiency above 50 mpg.
