Tag Archive | "Passenger Vehicles"
The pie chart shows the amount of annual energy consumed in the United States during 2009 from petroleum, natural gas, coal, nuclear and renewable sources. Petroleum is used for transportation and manufacturing. Furnaces, dryers, transportation, fertilizers, hydrogen production and electric power generation consume natural gas. Coal is used to generate electricity and is utilized by [...]
The graph below shows that 94 percent of the world’s oil reserves are controlled by national oil companies, such as NIOC (Iran), Saudi Aramco (Saudi Arabia), Gazprom (Russia), etc. ExxonMobil, BP and other international oil companies own the remaining oil assets. See the two arrows located over BP and ExxonMobil on this graph to comprehend [...]
During his State of the Union address in January 2011, President Barack Obama declared that the United States should have 1 million electric vehicles on the road by 2015. This post addresses two key questions related to this policy goal: To what extent will electric vehicles help reduce U.S. dependence on foreign oil? Will these [...]