EV News Stars of the Week (Click Pic)
Electric vehicle news and greentech news updated frequently (latest 3 stars highlighted).
Breaking Electric Vehicle News
Interior Department (USGS) risks the safety of US citizens with oil/gas industry induced earthquakes. Hobbes wins US. Locke wins Europe.
ChargePoint stated that EV drivers have had over 9 million charging sessions on its network. Earth Day message.
Tesla will report Q1 results on May 6 after market close. Model X progress will be high on the agenda. How quickly will Tesla ramp the X?
Jet fuel demand up 12.2% yoy, (4-17) EIA report. This is largely due to failure of Congress to develop high-speed rail in the United States.
Simple metric to judge US Congress
Gasoline demand averaged over 9 mb/day over the last four weeks (EIA, week ending 4-17-15), up 4% yoy. Congress graded F (failure). EV News Report grades Congress on its ability to serve the long-term interests of the United States.
The bond bubble will likely burst in 2015. President of St. Louis Federal Reserve James Bullard stated on Bloomberg (1-30-15) that he sees unemployment under 5% in Q3. Given the multiple potential problems with the international oil market, it is not difficult to imagine panic in the bond market.
“The last asset I would want to buy is a 30 year government bond.” – Warren Buffett (Fox News interview 2-4-15)
“Solar, wind and EV markets driving extended investment and employment boom. Fed has it wrong.” – Jack Collins 3-18-15
Post Carbon Institute expects global oil production to start declining again in late 2015. The US Dollar’s reserve status will only blunt US inflation in the peak oil era. The bond bubble will burst. Gold and silver will rise.
China will float the Yuan to gain reserve currency status. However, weak oil dependent nations will suffer during peak oil. Eventually, humanity riding electric vehicles powered by greentech will kick its addiction to oil. A rising Yuan will float the currencies of the East. The Euro region will integrate its financial system. The world will be more stable under three major reserve currencies.