In 1868 the world's first traffic light was installed outside the Houses of Parliament[1]. The gaslit signal controlled the flow of London carriages—at least for a few weeks. For, soon enough, the gas ignited. The resulting explosion knocked the helmet off a policeman's head, and left ...
Unadjusted fleet fuel economy3 increased from 25.6 miles per gallon (mpg) to 27.0 mpg over this period. Saudi Arabia's gross domestic product experienced a decline from 2013 to 2016 (The World Bank, 2018). In 2016, the share of advanced clean vehicles such as hybrid vehicles (HEVs) was ...
Yes it is true that in certain countries the price of gasoline and natural gas are subsidised by governments, this happens throughout OPEC. These governments are subsidising prices of fuel, electricity and often food, shielding their poorer citizens from high prices struck on international markets. ...
Oil and Gas Prices The behavior of oil and gas prices are key determinants of oil and gas supply (Persaud & Kumar, 2001). A well known fact of the resources sector is that commodity prices are cyclical and volatile. Prior to 1973, crudeoil prices, expressed in WTI at Cushing, averaged...
Gas is to expensive in Europe. From my calculations, 5.35 PLN/Liter is 6.95 USD/Gal. Right now I pay about 3.50 USD/Gal which is about 2.69 PLN/Liter. I could only imagine how low our gas would be if we actually got the millions of barrels of oil from Iraq that everyone accused Bu...