MrEnergyCzar

Website: http://MrEnergyCzar.com This is Peak Oil News. I'm your host, MrEnergyCzar. We're covering Peak Oil, Renewable Energy, Electric Cars and everything in-between.

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There are more than a dozen electric car models on the road today. While the Chevy Volt has won the plug-in sales race for 2012, a new leader has emerged in 2013. The Tesla Model S, in 2013, has surpassed the sales of the Chevy Volt and Nissan Leaf with about 6,800 units sold. The Leaf and Volt sold about 5,500 units each. Toyota's plug-in Prius is in fourth place so far this year.

General Motors expects to drop the price of the second generation Volt by about $7,000 to $10,000. It has long been known that battery prices will drop once production got underway. GM's CEO said the price drop would not result in decontenting the next generation Volt. While the fourth model year Volt already comes out this summer, expect the second generation Volt to be available in the second half of 2015.

Saudi Arabia is one of the few countries in the world that hasn't hit Peak Oil production. What may be a warning sign of the Saudi's hitting Peak Oil, they are saying they will not be able to raise oil production up to 15 million barrels per day by 2020. They have to do this in order to offset their rising domestic oil consumption. The Saudi's oil use is expected to grow from 3 million barrels per day to 5 by 2020. This cheap easy Saudi oil will have to be replaced by the expensive fracking tight oil in the states and the Tar Sands oil in Canada. Once again, Peak Oil has nothing to do with running out of oil. It's about having less of the oil our economy can afford to burn so we can still grow.




Brazil will be building 34 large hydroelectric dams in the Amazon basin by 2021. As expected, Brazil's power needs have risen in lockstep with it's economic growth. They will have to build one giant dam every six months to keep up with it's rising power demands. Around just one of the dams being built, 20,000 people are being displaced. The Brazilian government has decided it will seek economic growth at all costs. This sounds eerily similar to what China has done.

Peak Oil News Brazil Dams Hydro Saudi Arabia Caspian Sea E-tron B-class Tesla Elon Musk lease Tar Sands Oil Spill Exxon fish TEPCO E-bike Methane Hydrates Japan biofuel GM Koch Fukushima VW Volkswagen XL1 Solar Power Plant EV Spain Fiat 500e BMW I3 Biofuel Wind Power Natural Gas Fracking Cadilliac ELR Nissan Leaf Nuclear China Japan Beijing South China Sea Oil Solar Tesla Model S Car of the Year General Electric Wind Turbine Arctic Oil Gas Plug-in "Electric Car" Extended Chevrolet Chevy Volt Range Electric Vehicle EV Clean 2013 Video Ampera Holden how to alternative global warming crisis explaining peakoil petroleum future

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