Adopting a 10-point plan that includes car-less Sundays would eliminate 2.7 million barrels of oil consumption per day within four months if fully implemented by advanced nations in response to Russia’s invasion of Ukraine, the International Energy Agency (IEA) claims. “If fully carried out in advanced economies, the measures recommended by the IEA’s new 10-Point Plan…
Global Energy Agency Proposes Car-Less Sundays to Help Reduce Oil Use
Global Energy Agency Proposes Carless Sundays to Help Reduce Oil Use
Adopting a 10-point plan that includes carless Sundays would eliminate 2.7 million barrels of oil consumption per day within four months if fully implemented by advanced nations in response to Russia’s invasion of Ukraine, according to the International Energy Agency (IEA). “If fully carried out in advanced economies, the measures recommended by the IEA’s new 10-Point…
Why Kazakhstan’s Unrest Will Reverberate Around the Globe
Commentary Over the last several weeks, Kazakhstan has exploded into widespread civil unrest. The country is a critical Russian ally. This unrest has wide-ranging global implications and may impact the developing U.S.-Russia confrontation over Ukraine. The unrest is fostering Russian fears that the United States and its allies are intent on creating “color revolutions” along…
Canada Falls Short in Top 10 Ranking of Most Attractive Regions for Oil Investment in North America
No Canadian province made it into the top 10 most attractive jurisdictions in North America for oil and gas investment, according to a recent survey, while Texas and Oklahoma take the top spots. The Canada-US Energy Sector Competitiveness Survey 2021, which polled senior executives from the petroleum sector, found that U.S. states are much more…
‘We Are Running Out of Time,’ Warns Regulator as Australia Faces Gas Shortfall
According to a new report by the Australian Competition and Consumer Commission (ACCC), gas supplies on Australia’s east coast and southern states are under threat. During a conference on March 24, ACCC chair Rod Sims brought to attention a looming gas crisis—which may affect close to 90 percent of Australians—and pointed out we are running out…
‘We Are Running Out of Time,’ Regulator Warns as Australia Faces Gas Shortfall
According to a new report by the Australian Competition and Consumer Commission (ACCC), gas supplies on Australia’s east coast and southern states are under threat. During a conference on March 24, ACCC chair Rod Sims brought to attention a looming gas crisis—which may affect close to 90 percent of Australians—and pointed out we are running out…
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