Gas 2.0 |
- Exxon Mobil Struggling to Replace the Oil it’s Drilling
- Study Predicts Less Than 500,000 EV’s on Road by 2015
- McLaren Talks Tech, Sustainability in Formula 1 Racing
- All Electric Porsche e-Boxster is a Rolling Laboratory
- GM Building CARB-Approved Volt to Qualify for Additional $5,000 Rebate
Exxon Mobil Struggling to Replace the Oil it’s Drilling Posted: 15 Feb 2011 04:00 PM PST
The oil game is all about replacing what you pump out of the game. Without finding new oil reserves or acquiring other companies, eventually you will run out of fuel to sell. A company with nothing to sell isn't going to last very long. So you'd think a company like Exxon Mobil, the world's largest publicly traded oil company should have no problem replacing the 6.3 million barrels of oil it refines every day. After all, they earn between $5 billion and $10 billion per-quarter, and the planet is a big place. But it turns out that for every 100 barrels of oil pumped out of the ground, they're only replacing 95. It's not a huge deficit, but as time goes on the gap is sure to widen. Not good for our petro-economy. There is an upside however. For every 100 barrels-equivalent of natural gas Exxon pumps out, they find or have acquired 158 barrels. Natural gas is the least-refined fuel, mostly made up of methane, and while it has its own drawbacks its almost certainly a better short-term solution than sticking it out with oil. Exxon has managed to maintain its 1:1 quota for 17-straight years, but last year it was the purchase of natural gas producer XTO Energy that allowed them to make that quota. What happens when they run out of places to drill, and companies to buy? Nothing good, I'd wager. Source: Wall Street Journal Chris DeMorro is a writer and gearhead who loves all things automotive, from hybrids to HEMI’s. You can follow his slow descent into madness at Sublime Burnout. |
Study Predicts Less Than 500,000 EV’s on Road by 2015 Posted: 15 Feb 2011 01:00 PM PST
I'm all for lofty goals and reaching for the stars, but even I think a million electric vehicles on America's roads by 2015 is a bit ambitious. American auto sales are just starting to recover from the recession, and the first all-electric vehicle, the Nissan Leaf, is being delivered en masse only in Japan (just 87 Leaf's were delivered in January.) The study was commissioned by GM, and looked at rebates and car buying habits in all 50 states to determine how many electric drive vehicles (which the Volt technically counts as) each state will buy. Since electric cars have just started getting to dealerships, it's hard to predict just how well Americans will take to this different form of transportation. The study predicts, however, that by 2015, there will only be around 469,000 EV's on America's roads. Which, if you ask me, ain't too shabby, though its less than half of what Obama wants by 2015. Naturally, California is seen as a leader in EV sales, with Texas and New York the runners up. With the current Administration pushing for more money for more EV’s though, there could be a surge in demand, especially as gas prices continue to inch upwards. Do you think we'll get to a million EV's by 2015? If not, how long will it take? Source: Green Car Advisor Chris DeMorro is a writer and gearhead who loves all things automotive, from hybrids to HEMI’s. You can follow his slow descent into madness at Sublime Burnout. |
McLaren Talks Tech, Sustainability in Formula 1 Racing Posted: 15 Feb 2011 11:25 AM PST The upcoming 2011 Formula Season promises to be one of the sport’s most competitive, with a renewed emphasis on KERS hybrid technology (which disappeared from the sport in 2010). There’s more green-washing going on in motorsports’ highest echelon, however – including an overall reduction in carbon emissions by 12% (approx. 30,000 tons) by 2012. Wired UK was able to sit down with McLaren‘s managing director, Jonathan Neale, and discuss a few other intriguing possibilities – including start/stop tech and driving Formula 1 cars down pit lane in EV-only modes. I’ve posted an excerpt, below.
CLICK HERE to head over to Wired’s Autopia for the rest of McLaren’s Q&A. Source: Wired Autopia. |
All Electric Porsche e-Boxster is a Rolling Laboratory Posted: 15 Feb 2011 10:00 AM PST
Actually, Porsche has built three e-Boxsters as part of their e-mobility program, which will feed data to the engineers who have to build the legendary sports cars to exacting standards. After an unsure start in alternative-fuel vehicles, Porsche seems to have seen the potential in not just hybrids, but electric cars too. The e-Boxsters pack 100-miles per charge and 240 horsepower, though no information on how much torque, which is where electric motors really shine. What I'm trying to say is, electric motors make a lot of sense from a performance potential, delivering instant torque with fewer moving parts. But before Porsche dives head first into producing electric cars, they want to see what electric car drivers need in terms of power, range, and infrastructure. The idea of an all-electric Porsche tickles me pink, and this test fleet says to me that such a vehicle isn't all that far away. Source: The Local Chris DeMorro is a writer and gearhead who loves all things automotive, from hybrids to HEMI’s. You can follow his slow descent into madness at Sublime Burnout. |
GM Building CARB-Approved Volt to Qualify for Additional $5,000 Rebate Posted: 15 Feb 2011 07:10 AM PST
I not like CARB, not one bit, for a variety of reasons. CARB only gave the Chevy Volt, which can run on emissions-free electricity for up to 50 miles, a Ultra-Low Emissions Vehicle rating, the same rating as the Jetta TDI and…wait for it…a 6.0 liter V8-powered Chevy Silverado converted to run on natural gas. Really great rating system CARB has going there. The Nissan Leaf counts as a Zero Emissions Vehicle as well as the Advanced Technology Zero Emissions Vehicle qualification, which opens the doors to the $5,000 tax rebate. The reason the Volt got the ULEV rating (which does not qualify for a $5,000 tax rebate from California) is that the vehicle only comes with a 8-year/100,000 mile battery. Apparently that's not enough, as it must have a 10-year/150,000 mile warranty. GM is working on a Volt that meets CARBs standards, rather than, you know, spending that money on innovation. Then again, with the $5,000 rebate, the cost of the Volt comes down to under $30,000, putting it in the price range of even more people. California is the biggest car market in America buy a large margin, so if the Volt can catch on there, it bodes well for the rest of the country. I think that a vehicles emissions designation should be based solely on what does (or doesn’t) come out of the tailpipe, not the warranty. Sound off, especially you California natives. Should GM have to jump through these extra hoops for California's generous tax rebate, or should they just give it to the Volt? Source: Care2 Chris DeMorro is a writer and gearhead who loves all things automotive, from hybrids to HEMI’s. You can follow his slow descent into madness at Sublime Burnout. |
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