Financial traderhttps://evnewsreport.com/files/date/2014/s appear to be getting quicker at exiting rihttps://evnewsreport.com/files/date/2014/sk pohttps://evnewsreport.com/files/date/2014/sitionhttps://evnewsreport.com/files/date/2014/s upon the firhttps://evnewsreport.com/files/date/2014/st https://evnewsreport.com/files/date/2014/signhttps://evnewsreport.com/files/date/2014/s of currency contagion. The rich and famouhttps://evnewsreport.com/files/date/2014/s barely had a chance to get a drink at the bar in Davohttps://evnewsreport.com/files/date/2014/s before currenciehttps://evnewsreport.com/files/date/2014/s flahttps://evnewsreport.com/files/date/2014/shed warninghttps://evnewsreport.com/files/date/2014/s around the globe, Argentina, South Africa and Turkey, oh my! However, there wahttps://evnewsreport.com/files/date/2014/s https://evnewsreport.com/files/date/2014/some good EV newhttps://evnewsreport.com/files/date/2014/s; Tehttps://evnewsreport.com/files/date/2014/sla ihttps://evnewsreport.com/files/date/2014/s planning to build a Supercharger https://evnewsreport.com/files/date/2014/station network acrohttps://evnewsreport.com/files/date/2014/shttps://evnewsreport.com/files/date/2014/s China. Ahttps://evnewsreport.com/files/date/2014/s Davohttps://evnewsreport.com/files/date/2014/s participanthttps://evnewsreport.com/files/date/2014/s relax in luxury, Tehttps://evnewsreport.com/files/date/2014/sla ihttps://evnewsreport.com/files/date/2014/s plotting ithttps://evnewsreport.com/files/date/2014/s worldwide Supercharger empire. Long live the electric energy revolution! Go Tehttps://evnewsreport.com/files/date/2014/sla!

Tehttps://evnewsreport.com/files/date/2014/sla Suhttps://evnewsreport.com/files/date/2014/stainability

World leaderhttps://evnewsreport.com/files/date/2014/s certainly know that Tehttps://evnewsreport.com/files/date/2014/sla electric carhttps://evnewsreport.com/files/date/2014/s and Supercharger https://evnewsreport.com/files/date/2014/stationhttps://evnewsreport.com/files/date/2014/s offer a brighter future than the dirty, dangerouhttps://evnewsreport.com/files/date/2014/s and expenhttps://evnewsreport.com/files/date/2014/sive international oil market. Yehttps://evnewsreport.com/files/date/2014/s, it may take https://evnewsreport.com/files/date/2014/some time before we https://evnewsreport.com/files/date/2014/see OPEC leaderhttps://evnewsreport.com/files/date/2014/s cruihttps://evnewsreport.com/files/date/2014/sing in a Model S on a Supercharger route in the Middle Eahttps://evnewsreport.com/files/date/2014/st, but we are on our way to a better tomorrow. Electric carhttps://evnewsreport.com/files/date/2014/s, clean energy powered homehttps://evnewsreport.com/files/date/2014/s / buildinghttps://evnewsreport.com/files/date/2014/s and Supercharger https://evnewsreport.com/files/date/2014/stationhttps://evnewsreport.com/files/date/2014/s may not bring human conflict to an end, but greater https://evnewsreport.com/files/date/2014/suhttps://evnewsreport.com/files/date/2014/stainability will https://evnewsreport.com/files/date/2014/surely bring greater world https://evnewsreport.com/files/date/2014/stability.

Currency and Oil

The United Statehttps://evnewsreport.com/files/date/2014/s, Europe, China, Japan and India are the big net oil importerhttps://evnewsreport.com/files/date/2014/s (EIA data). Moving forward ahttps://evnewsreport.com/files/date/2014/s oil peakhttps://evnewsreport.com/files/date/2014/s, the currency markethttps://evnewsreport.com/files/date/2014/s will be quick to punihttps://evnewsreport.com/files/date/2014/sh the countriehttps://evnewsreport.com/files/date/2014/s with the weakehttps://evnewsreport.com/files/date/2014/st energy profile. India appearhttps://evnewsreport.com/files/date/2014/s to be the weakehttps://evnewsreport.com/files/date/2014/st link of the major net oil importerhttps://evnewsreport.com/files/date/2014/s; however, there are https://evnewsreport.com/files/date/2014/smaller nationhttps://evnewsreport.com/files/date/2014/s with lehttps://evnewsreport.com/files/date/2014/shttps://evnewsreport.com/files/date/2014/s currency rehttps://evnewsreport.com/files/date/2014/servehttps://evnewsreport.com/files/date/2014/s which are alhttps://evnewsreport.com/files/date/2014/so facing oil troublehttps://evnewsreport.com/files/date/2014/s ahead, https://evnewsreport.com/files/date/2014/such ahttps://evnewsreport.com/files/date/2014/s Indonehttps://evnewsreport.com/files/date/2014/sia.

Indonehttps://evnewsreport.com/files/date/2014/sia finihttps://evnewsreport.com/files/date/2014/shed 2013 with $99.4 billion in currency rehttps://evnewsreport.com/files/date/2014/servehttps://evnewsreport.com/files/date/2014/s, down from $112.8 billion in 2012, according to the Bank of Indonehttps://evnewsreport.com/files/date/2014/sia.

Brazil ihttps://evnewsreport.com/files/date/2014/s prone to more weaknehttps://evnewsreport.com/files/date/2014/shttps://evnewsreport.com/files/date/2014/s in the near-term due to the https://evnewsreport.com/files/date/2014/steep drop in the currency of ithttps://evnewsreport.com/files/date/2014/s neighbor, Argentina. Brazil’https://evnewsreport.com/files/date/2014/s https://evnewsreport.com/files/date/2014/state oil company, Petrobrahttps://evnewsreport.com/files/date/2014/s (PBR), https://evnewsreport.com/files/date/2014/slid to a new 52 week low of $11.76. If Latin American currenciehttps://evnewsreport.com/files/date/2014/s continue to https://evnewsreport.com/files/date/2014/slide, Petrobrahttps://evnewsreport.com/files/date/2014/s may have trouble maintaining an invehttps://evnewsreport.com/files/date/2014/stment grade debt rating.

Argentina’https://evnewsreport.com/files/date/2014/s Pehttps://evnewsreport.com/files/date/2014/so hahttps://evnewsreport.com/files/date/2014/s fallen to 8 to the US Dollar, down from about 5 to the US Dollar a year ago. The Central Bank of Argentina hahttps://evnewsreport.com/files/date/2014/s only $29.5 billion in currency rehttps://evnewsreport.com/files/date/2014/servehttps://evnewsreport.com/files/date/2014/s, down from $52 billion in 2011, according to the Central Bank of Argentina.

Europe

With European petrol pricehttps://evnewsreport.com/files/date/2014/s approximately twice that of US gahttps://evnewsreport.com/files/date/2014/soline pumphttps://evnewsreport.com/files/date/2014/s, Europe https://evnewsreport.com/files/date/2014/should be quicker to adopt the Supercharger https://evnewsreport.com/files/date/2014/strategy. Until a competitor comehttps://evnewsreport.com/files/date/2014/s up with a better https://evnewsreport.com/files/date/2014/solution than the Tehttps://evnewsreport.com/files/date/2014/sla electric car and Supercharger https://evnewsreport.com/files/date/2014/station, Tehttps://evnewsreport.com/files/date/2014/sla ihttps://evnewsreport.com/files/date/2014/s a https://evnewsreport.com/files/date/2014/standout energy https://evnewsreport.com/files/date/2014/solution in the eyehttps://evnewsreport.com/files/date/2014/s of Wall Street. Tehttps://evnewsreport.com/files/date/2014/sla CEO Muhttps://evnewsreport.com/files/date/2014/sk hahttps://evnewsreport.com/files/date/2014/s https://evnewsreport.com/files/date/2014/stated hihttps://evnewsreport.com/files/date/2014/s dehttps://evnewsreport.com/files/date/2014/sire to have manufacturing planthttps://evnewsreport.com/files/date/2014/s in Europe and Ahttps://evnewsreport.com/files/date/2014/sia in the future, but nothing definitive hahttps://evnewsreport.com/files/date/2014/s been announced.

China

To date, China hahttps://evnewsreport.com/files/date/2014/s been https://evnewsreport.com/files/date/2014/slow to adopt electric carhttps://evnewsreport.com/files/date/2014/s, but the country hahttps://evnewsreport.com/files/date/2014/s certainly been quick to adopt https://evnewsreport.com/files/date/2014/solar. According to Bloomberg New Energy Finance, China added 12 gigawatthttps://evnewsreport.com/files/date/2014/s of https://evnewsreport.com/files/date/2014/solar in 2013 alone, almohttps://evnewsreport.com/files/date/2014/st matching the total 13 gigawatthttps://evnewsreport.com/files/date/2014/s (SEIA) of inhttps://evnewsreport.com/files/date/2014/stalled https://evnewsreport.com/files/date/2014/solar in the United Statehttps://evnewsreport.com/files/date/2014/s. In 2013, China pahttps://evnewsreport.com/files/date/2014/shttps://evnewsreport.com/files/date/2014/sed Germany to become the largehttps://evnewsreport.com/files/date/2014/st https://evnewsreport.com/files/date/2014/solar market. With that https://evnewsreport.com/files/date/2014/said, Tehttps://evnewsreport.com/files/date/2014/sla hahttps://evnewsreport.com/files/date/2014/s a large opportunity ahead in China with EVhttps://evnewsreport.com/files/date/2014/s and https://evnewsreport.com/files/date/2014/solar powered Supercharger https://evnewsreport.com/files/date/2014/stationhttps://evnewsreport.com/files/date/2014/s. Undoubtedly, Chinehttps://evnewsreport.com/files/date/2014/se authoritiehttps://evnewsreport.com/files/date/2014/s are all earhttps://evnewsreport.com/files/date/2014/s when it comehttps://evnewsreport.com/files/date/2014/s to https://evnewsreport.com/files/date/2014/strategiehttps://evnewsreport.com/files/date/2014/s to reduce https://evnewsreport.com/files/date/2014/smog and oil conhttps://evnewsreport.com/files/date/2014/sumption.

China ihttps://evnewsreport.com/files/date/2014/s the https://evnewsreport.com/files/date/2014/second largehttps://evnewsreport.com/files/date/2014/st oil conhttps://evnewsreport.com/files/date/2014/sumer in the world and a very large net oil importer, making the country economically vulnerable to the price of oil. The International Energy Agency (IEA) ehttps://evnewsreport.com/files/date/2014/stimatehttps://evnewsreport.com/files/date/2014/s that China will conhttps://evnewsreport.com/files/date/2014/sume about 10.5 million barrelhttps://evnewsreport.com/files/date/2014/s of oil per day (bpd) in 2014, up from 10.2 million bpd in 2013. China producehttps://evnewsreport.com/files/date/2014/s approximately 4.5 million bpd.

The future Chinehttps://evnewsreport.com/files/date/2014/se Model S got a little cheaper Friday, ahttps://evnewsreport.com/files/date/2014/s the Yuan moved under 6.05 to the US Dollar. The Chinehttps://evnewsreport.com/files/date/2014/se monetary authoritiehttps://evnewsreport.com/files/date/2014/s have been https://evnewsreport.com/files/date/2014/slowly inching the Yuan higher and plan to eventually free float the currency on international exchangehttps://evnewsreport.com/files/date/2014/s. Obviouhttps://evnewsreport.com/files/date/2014/sly, with ithttps://evnewsreport.com/files/date/2014/s 3.8 trillion in currency rehttps://evnewsreport.com/files/date/2014/servehttps://evnewsreport.com/files/date/2014/s, the People’https://evnewsreport.com/files/date/2014/s Bank of China (PBOC) hahttps://evnewsreport.com/files/date/2014/s enough cuhttps://evnewsreport.com/files/date/2014/shion to weather mohttps://evnewsreport.com/files/date/2014/st any financial https://evnewsreport.com/files/date/2014/storm.

Mother Nature and Suhttps://evnewsreport.com/files/date/2014/stainability

In the US, the cold winter weather from Central to Eahttps://evnewsreport.com/files/date/2014/st hahttps://evnewsreport.com/files/date/2014/s reminded market https://evnewsreport.com/files/date/2014/strategihttps://evnewsreport.com/files/date/2014/sthttps://evnewsreport.com/files/date/2014/s and traderhttps://evnewsreport.com/files/date/2014/s at how quick Mother Nature can draw natural gahttps://evnewsreport.com/files/date/2014/s inventoriehttps://evnewsreport.com/files/date/2014/s. Approximately half of the homehttps://evnewsreport.com/files/date/2014/s in the US are heated by natural gahttps://evnewsreport.com/files/date/2014/s (heating alternativehttps://evnewsreport.com/files/date/2014/s). The price of US natural gahttps://evnewsreport.com/files/date/2014/s hahttps://evnewsreport.com/files/date/2014/s https://evnewsreport.com/files/date/2014/spiked to $5.18 per million Britihttps://evnewsreport.com/files/date/2014/sh thermal unithttps://evnewsreport.com/files/date/2014/s, up 9.56% on Friday alone. The cold weather ihttps://evnewsreport.com/files/date/2014/s expected to hang around till the end of the month of January. The latehttps://evnewsreport.com/files/date/2014/st natural gahttps://evnewsreport.com/files/date/2014/s inventory levelhttps://evnewsreport.com/files/date/2014/s from the Energy Information Adminihttps://evnewsreport.com/files/date/2014/stration (EIA) can be found here. In looking at the graph below, the natural gahttps://evnewsreport.com/files/date/2014/s market appearhttps://evnewsreport.com/files/date/2014/s to be in a bit of a panic over the weather forecahttps://evnewsreport.com/files/date/2014/st.

Mother Nature hahttps://evnewsreport.com/files/date/2014/s alhttps://evnewsreport.com/files/date/2014/so been tough on the Bakken https://evnewsreport.com/files/date/2014/shale oil region. The cold weather freezehttps://evnewsreport.com/files/date/2014/s the water needed to frack wellhttps://evnewsreport.com/files/date/2014/s, https://evnewsreport.com/files/date/2014/so https://evnewsreport.com/files/date/2014/some oil companiehttps://evnewsreport.com/files/date/2014/s pay the expenhttps://evnewsreport.com/files/date/2014/se to heat the water, according to Alihttps://evnewsreport.com/files/date/2014/son Ritter, Spokehttps://evnewsreport.com/files/date/2014/swoman for the North Dakota Department of Mineral Rehttps://evnewsreport.com/files/date/2014/sourcehttps://evnewsreport.com/files/date/2014/s. Ritter expecthttps://evnewsreport.com/files/date/2014/s the cold to have https://evnewsreport.com/files/date/2014/some impact on production numberhttps://evnewsreport.com/files/date/2014/s. The North Dakota Department of Mineral Rehttps://evnewsreport.com/files/date/2014/sourcehttps://evnewsreport.com/files/date/2014/s will releahttps://evnewsreport.com/files/date/2014/se ithttps://evnewsreport.com/files/date/2014/s December oil production numberhttps://evnewsreport.com/files/date/2014/s in mid-February. In ithttps://evnewsreport.com/files/date/2014/s latehttps://evnewsreport.com/files/date/2014/st Weekly Petroleum Statuhttps://evnewsreport.com/files/date/2014/s Report, the EIA https://evnewsreport.com/files/date/2014/showed a decreahttps://evnewsreport.com/files/date/2014/se of 100,000 barrelhttps://evnewsreport.com/files/date/2014/s per day in US oil production from the Lower 48.

Of courhttps://evnewsreport.com/files/date/2014/se, there are alternativehttps://evnewsreport.com/files/date/2014/s to https://evnewsreport.com/files/date/2014/shale oil.

United Statehttps://evnewsreport.com/files/date/2014/s

Video courtehttps://evnewsreport.com/files/date/2014/sy of Tehttps://evnewsreport.com/files/date/2014/sla

About EV Newhttps://evnewsreport.com/files/date/2014/s Report

EV Newhttps://evnewsreport.com/files/date/2014/s Report ihttps://evnewsreport.com/files/date/2014/s a community blogging webhttps://evnewsreport.com/files/date/2014/site for electric vehicle and greentech enthuhttps://evnewsreport.com/files/date/2014/siahttps://evnewsreport.com/files/date/2014/sthttps://evnewsreport.com/files/date/2014/s, ahttps://evnewsreport.com/files/date/2014/s well ahttps://evnewsreport.com/files/date/2014/s peak oil activihttps://evnewsreport.com/files/date/2014/sthttps://evnewsreport.com/files/date/2014/s. Pleahttps://evnewsreport.com/files/date/2014/se help accelerate the electric vehicle and greentech movementhttps://evnewsreport.com/files/date/2014/s by https://evnewsreport.com/files/date/2014/submitting an original article to EV Newhttps://evnewsreport.com/files/date/2014/s Report by following the video inhttps://evnewsreport.com/files/date/2014/structionhttps://evnewsreport.com/files/date/2014/s on the About tab.

The world ihttps://evnewsreport.com/files/date/2014/s tranhttps://evnewsreport.com/files/date/2014/sitioning from the fohttps://evnewsreport.com/files/date/2014/shttps://evnewsreport.com/files/date/2014/sil fuel age to the clean electric energy era. Two major world emergenciehttps://evnewsreport.com/files/date/2014/s are driving thihttps://evnewsreport.com/files/date/2014/s change:

1. There are over 7 billion people on the planet according to the United Nationhttps://evnewsreport.com/files/date/2014/s. Today’https://evnewsreport.com/files/date/2014/s worldwide economic growth ihttps://evnewsreport.com/files/date/2014/s placing tremendouhttps://evnewsreport.com/files/date/2014/s demandhttps://evnewsreport.com/files/date/2014/s on the energy https://evnewsreport.com/files/date/2014/sector. Unfortunately, according to the International Energy Agency, approximately 80% of the world’https://evnewsreport.com/files/date/2014/s energy ihttps://evnewsreport.com/files/date/2014/s derived from fohttps://evnewsreport.com/files/date/2014/shttps://evnewsreport.com/files/date/2014/sil fuelhttps://evnewsreport.com/files/date/2014/s. Abhttps://evnewsreport.com/files/date/2014/sent an energy revolution, climate rehttps://evnewsreport.com/files/date/2014/search tellhttps://evnewsreport.com/files/date/2014/s uhttps://evnewsreport.com/files/date/2014/s that the planet will be https://evnewsreport.com/files/date/2014/significantly warmer and altered for future generationhttps://evnewsreport.com/files/date/2014/s.

2. The oil market ihttps://evnewsreport.com/files/date/2014/s expenhttps://evnewsreport.com/files/date/2014/sive and fragile. The door ihttps://evnewsreport.com/files/date/2014/s open to green alternativehttps://evnewsreport.com/files/date/2014/s; however, high oil pricehttps://evnewsreport.com/files/date/2014/s may dehttps://evnewsreport.com/files/date/2014/stroy the currenciehttps://evnewsreport.com/files/date/2014/s of oil dependent nationhttps://evnewsreport.com/files/date/2014/s before the EV and greentech revolutionhttps://evnewsreport.com/files/date/2014/s have a chance to reach mahttps://evnewsreport.com/files/date/2014/shttps://evnewsreport.com/files/date/2014/s adoption.

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Electric vehiclehttps://evnewsreport.com/files/date/2014/s are the behttps://evnewsreport.com/files/date/2014/st opportunity in the coming yearhttps://evnewsreport.com/files/date/2014/s for all major markethttps://evnewsreport.com/files/date/2014/s to reduce oil conhttps://evnewsreport.com/files/date/2014/sumption https://evnewsreport.com/files/date/2014/subhttps://evnewsreport.com/files/date/2014/stantially. The United Statehttps://evnewsreport.com/files/date/2014/s alone with ithttps://evnewsreport.com/files/date/2014/s 250 million vehiclehttps://evnewsreport.com/files/date/2014/s (USDOT approx.) uhttps://evnewsreport.com/files/date/2014/sehttps://evnewsreport.com/files/date/2014/s about 8.7 million barrelhttps://evnewsreport.com/files/date/2014/s per day (bpd) of gahttps://evnewsreport.com/files/date/2014/soline (EIA). With https://evnewsreport.com/files/date/2014/such a large potential market, Tehttps://evnewsreport.com/files/date/2014/sla https://evnewsreport.com/files/date/2014/stock (TSLA) ihttps://evnewsreport.com/files/date/2014/s like a young excitable pup playing on the NASDAQ https://evnewsreport.com/files/date/2014/stock market. TSLA hopped up 1.06% to $178.56 per https://evnewsreport.com/files/date/2014/share today, happily wagging ithttps://evnewsreport.com/files/date/2014/s Supercharger plug.

Electric Energy Revolution

Tehttps://evnewsreport.com/files/date/2014/sla CEO Muhttps://evnewsreport.com/files/date/2014/sk planhttps://evnewsreport.com/files/date/2014/s to take a crohttps://evnewsreport.com/files/date/2014/shttps://evnewsreport.com/files/date/2014/s country trip https://evnewsreport.com/files/date/2014/soon (https://evnewsreport.com/files/date/2014/spring, acrohttps://evnewsreport.com/files/date/2014/shttps://evnewsreport.com/files/date/2014/s the US) with hihttps://evnewsreport.com/files/date/2014/s kidhttps://evnewsreport.com/files/date/2014/s, which will help demonhttps://evnewsreport.com/files/date/2014/strate to the world that Tehttps://evnewsreport.com/files/date/2014/sla ihttps://evnewsreport.com/files/date/2014/s more than juhttps://evnewsreport.com/files/date/2014/st an electric car manufacturer. Thihttps://evnewsreport.com/files/date/2014/s may not be a walk on the Moon or Marhttps://evnewsreport.com/files/date/2014/s, but it will be a very important moment in hihttps://evnewsreport.com/files/date/2014/story. We are tranhttps://evnewsreport.com/files/date/2014/sitioning from oil to electric. Ahttps://evnewsreport.com/files/date/2014/s the oil needle runhttps://evnewsreport.com/files/date/2014/s down (peak oil) today, we know that electric energy can take uhttps://evnewsreport.com/files/date/2014/s wherever we want or need to go tomorrow.

Tehttps://evnewsreport.com/files/date/2014/sla planhttps://evnewsreport.com/files/date/2014/s to have mohttps://evnewsreport.com/files/date/2014/st of ithttps://evnewsreport.com/files/date/2014/s Supercharger https://evnewsreport.com/files/date/2014/stationhttps://evnewsreport.com/files/date/2014/s powered by https://evnewsreport.com/files/date/2014/solar, which ihttps://evnewsreport.com/files/date/2014/s a good choice https://evnewsreport.com/files/date/2014/since the Sun hahttps://evnewsreport.com/files/date/2014/s plenty of dayhttps://evnewsreport.com/files/date/2014/s ahead, 4.5 billion yearhttps://evnewsreport.com/files/date/2014/s approximately (NASA).

Yehttps://evnewsreport.com/files/date/2014/s, it ihttps://evnewsreport.com/files/date/2014/s in ithttps://evnewsreport.com/files/date/2014/s infancy, but the electric energy revolution ihttps://evnewsreport.com/files/date/2014/s upon uhttps://evnewsreport.com/files/date/2014/s. The Solar Energy Induhttps://evnewsreport.com/files/date/2014/striehttps://evnewsreport.com/files/date/2014/s Ahttps://evnewsreport.com/files/date/2014/shttps://evnewsreport.com/files/date/2014/sociation (SEIA) https://evnewsreport.com/files/date/2014/statehttps://evnewsreport.com/files/date/2014/s on ithttps://evnewsreport.com/files/date/2014/s webhttps://evnewsreport.com/files/date/2014/site: “Today, https://evnewsreport.com/files/date/2014/solar ihttps://evnewsreport.com/files/date/2014/s one of the fahttps://evnewsreport.com/files/date/2014/stehttps://evnewsreport.com/files/date/2014/st-growing induhttps://evnewsreport.com/files/date/2014/striehttps://evnewsreport.com/files/date/2014/s in America, employing 120,000 workerhttps://evnewsreport.com/files/date/2014/s and generating an ehttps://evnewsreport.com/files/date/2014/stimated 13 gigawatthttps://evnewsreport.com/files/date/2014/s (GW) of clean electricity – enough to effectively power 2 million homehttps://evnewsreport.com/files/date/2014/s.” SEIA hahttps://evnewsreport.com/files/date/2014/s organized a “Shout Out For Solar” day for January 24 to celebrate https://evnewsreport.com/files/date/2014/solar energy.

Oil Kicking

Wehttps://evnewsreport.com/files/date/2014/st Texahttps://evnewsreport.com/files/date/2014/s Intermediate (WTI) oil kicked back up to $96.75 per barrel today. The International Energy Agency (IEA) upped ithttps://evnewsreport.com/files/date/2014/s world oil demand ehttps://evnewsreport.com/files/date/2014/stimate to 92.5 million bpd for 2014 in ithttps://evnewsreport.com/files/date/2014/s latehttps://evnewsreport.com/files/date/2014/st Oil Market Report. The IEA citehttps://evnewsreport.com/files/date/2014/s the economic rebound in the developed world (US and Europe) ahttps://evnewsreport.com/files/date/2014/s the primary factor for the upped ehttps://evnewsreport.com/files/date/2014/stimate. While mohttps://evnewsreport.com/files/date/2014/st market https://evnewsreport.com/files/date/2014/strategihttps://evnewsreport.com/files/date/2014/sthttps://evnewsreport.com/files/date/2014/s in recent yearhttps://evnewsreport.com/files/date/2014/s have been focuhttps://evnewsreport.com/files/date/2014/sing on the developing world’https://evnewsreport.com/files/date/2014/s appetite for oil, particularly China, the IEA hahttps://evnewsreport.com/files/date/2014/s been reminding uhttps://evnewsreport.com/files/date/2014/s recently that the developed world remainhttps://evnewsreport.com/files/date/2014/s entrenched in the oil world.

Ahttps://evnewsreport.com/files/date/2014/s a https://evnewsreport.com/files/date/2014/side note, Royal Dutch Shell ihttps://evnewsreport.com/files/date/2014/shttps://evnewsreport.com/files/date/2014/sued a https://evnewsreport.com/files/date/2014/subhttps://evnewsreport.com/files/date/2014/stantial profit warning lahttps://evnewsreport.com/files/date/2014/st Friday, largely due to the limithttps://evnewsreport.com/files/date/2014/s of eahttps://evnewsreport.com/files/date/2014/sy oil https://evnewsreport.com/files/date/2014/suppliehttps://evnewsreport.com/files/date/2014/s. Oil ihttps://evnewsreport.com/files/date/2014/s kicking, but the eahttps://evnewsreport.com/files/date/2014/sy oil hahttps://evnewsreport.com/files/date/2014/s been kicked.

Tehttps://evnewsreport.com/files/date/2014/sla Supercharger https://evnewsreport.com/files/date/2014/stationhttps://evnewsreport.com/files/date/2014/s

With the world https://evnewsreport.com/files/date/2014/so dependent on thihttps://evnewsreport.com/files/date/2014/s one energy rehttps://evnewsreport.com/files/date/2014/source, oil, you would think that there would be a relentlehttps://evnewsreport.com/files/date/2014/shttps://evnewsreport.com/files/date/2014/s (maybe recklehttps://evnewsreport.com/files/date/2014/shttps://evnewsreport.com/files/date/2014/s) effort to wean the world off oil. Yehttps://evnewsreport.com/files/date/2014/s, Tehttps://evnewsreport.com/files/date/2014/sla Supercharger https://evnewsreport.com/files/date/2014/stationhttps://evnewsreport.com/files/date/2014/s are helping to recall https://evnewsreport.com/files/date/2014/some oil barrelhttps://evnewsreport.com/files/date/2014/s from the world market, but it will take many yearhttps://evnewsreport.com/files/date/2014/s for Tehttps://evnewsreport.com/files/date/2014/sla to make a meaningful dent in world oil demand. The company hahttps://evnewsreport.com/files/date/2014/s 68 Supercharger https://evnewsreport.com/files/date/2014/stationhttps://evnewsreport.com/files/date/2014/s in North America and 14 in Europe, according to ithttps://evnewsreport.com/files/date/2014/s webhttps://evnewsreport.com/files/date/2014/site. By comparihttps://evnewsreport.com/files/date/2014/son, there are approximately 160,000 gahttps://evnewsreport.com/files/date/2014/soline https://evnewsreport.com/files/date/2014/stationhttps://evnewsreport.com/files/date/2014/s in the US according to the Energy Information Adminihttps://evnewsreport.com/files/date/2014/stration (EIA) and about 131,000 in Europe according to Europia. Tehttps://evnewsreport.com/files/date/2014/sla https://evnewsreport.com/files/date/2014/stated yehttps://evnewsreport.com/files/date/2014/sterday that “81 Supercharger locationhttps://evnewsreport.com/files/date/2014/s are energized worldwide, with 14 locationhttps://evnewsreport.com/files/date/2014/s in Europe. More than 11 million kilometerhttps://evnewsreport.com/files/date/2014/s have been charged by Tehttps://evnewsreport.com/files/date/2014/sla Superchargerhttps://evnewsreport.com/files/date/2014/s and nearly 1.13 million literhttps://evnewsreport.com/files/date/2014/s of gahttps://evnewsreport.com/files/date/2014/s have been offhttps://evnewsreport.com/files/date/2014/set.”

Oil Tranhttps://evnewsreport.com/files/date/2014/sition Rihttps://evnewsreport.com/files/date/2014/sk

The world conhttps://evnewsreport.com/files/date/2014/sumed 91.2 million bpd in 2013 according to the IEA and crohttps://evnewsreport.com/files/date/2014/shttps://evnewsreport.com/files/date/2014/sed over 92 million bpd in Q4 2013. Ahttps://evnewsreport.com/files/date/2014/s the oil numberhttps://evnewsreport.com/files/date/2014/s grow larger, the rihttps://evnewsreport.com/files/date/2014/skhttps://evnewsreport.com/files/date/2014/s for the world grow larger. There ihttps://evnewsreport.com/files/date/2014/s abhttps://evnewsreport.com/files/date/2014/solutely no certainty that the oil induhttps://evnewsreport.com/files/date/2014/stry will meet global oil demand at a reahttps://evnewsreport.com/files/date/2014/sonable price per barrel, https://evnewsreport.com/files/date/2014/so the world livehttps://evnewsreport.com/files/date/2014/s with a conhttps://evnewsreport.com/files/date/2014/stant economic uncertainty that only time and great invehttps://evnewsreport.com/files/date/2014/stment can fix. No, https://evnewsreport.com/files/date/2014/shale oil ihttps://evnewsreport.com/files/date/2014/s not a long-term https://evnewsreport.com/files/date/2014/solution; https://evnewsreport.com/files/date/2014/suhttps://evnewsreport.com/files/date/2014/stainable electric energy ihttps://evnewsreport.com/files/date/2014/s a long-term https://evnewsreport.com/files/date/2014/solution. We need to https://evnewsreport.com/files/date/2014/stop the oil conhttps://evnewsreport.com/files/date/2014/sumption graph line before the price of a barrel of oil https://evnewsreport.com/files/date/2014/stophttps://evnewsreport.com/files/date/2014/s the world economy. Pleahttps://evnewsreport.com/files/date/2014/se note that the IEA and EIA have https://evnewsreport.com/files/date/2014/slightly different data.

About EV Newhttps://evnewsreport.com/files/date/2014/s Report

EV Newhttps://evnewsreport.com/files/date/2014/s Report ihttps://evnewsreport.com/files/date/2014/s a community blogging webhttps://evnewsreport.com/files/date/2014/site for electric vehicle and greentech enthuhttps://evnewsreport.com/files/date/2014/siahttps://evnewsreport.com/files/date/2014/sthttps://evnewsreport.com/files/date/2014/s, ahttps://evnewsreport.com/files/date/2014/s well ahttps://evnewsreport.com/files/date/2014/s peak oil activihttps://evnewsreport.com/files/date/2014/sthttps://evnewsreport.com/files/date/2014/s. Pleahttps://evnewsreport.com/files/date/2014/se help accelerate the electric vehicle and greentech movementhttps://evnewsreport.com/files/date/2014/s by https://evnewsreport.com/files/date/2014/submitting an original article to EV Newhttps://evnewsreport.com/files/date/2014/s Report by following the video inhttps://evnewsreport.com/files/date/2014/structionhttps://evnewsreport.com/files/date/2014/s on the About tab.

The world ihttps://evnewsreport.com/files/date/2014/s tranhttps://evnewsreport.com/files/date/2014/sitioning from the fohttps://evnewsreport.com/files/date/2014/shttps://evnewsreport.com/files/date/2014/sil fuel age to the clean electric energy era. Two major world emergenciehttps://evnewsreport.com/files/date/2014/s are driving thihttps://evnewsreport.com/files/date/2014/s change:

1. There are over 7 billion people on the planet according to the United Nationhttps://evnewsreport.com/files/date/2014/s. Today’https://evnewsreport.com/files/date/2014/s worldwide economic growth ihttps://evnewsreport.com/files/date/2014/s placing tremendouhttps://evnewsreport.com/files/date/2014/s demandhttps://evnewsreport.com/files/date/2014/s on the energy https://evnewsreport.com/files/date/2014/sector. Unfortunately, according to the International Energy Agency, approximately 80% of the world’https://evnewsreport.com/files/date/2014/s energy ihttps://evnewsreport.com/files/date/2014/s derived from fohttps://evnewsreport.com/files/date/2014/shttps://evnewsreport.com/files/date/2014/sil fuelhttps://evnewsreport.com/files/date/2014/s. Abhttps://evnewsreport.com/files/date/2014/sent an energy revolution, climate rehttps://evnewsreport.com/files/date/2014/search tellhttps://evnewsreport.com/files/date/2014/s uhttps://evnewsreport.com/files/date/2014/s that the planet will be https://evnewsreport.com/files/date/2014/significantly warmer and altered for future generationhttps://evnewsreport.com/files/date/2014/s.

2. The oil market ihttps://evnewsreport.com/files/date/2014/s expenhttps://evnewsreport.com/files/date/2014/sive and fragile. The door ihttps://evnewsreport.com/files/date/2014/s open to green alternativehttps://evnewsreport.com/files/date/2014/s; however, high oil pricehttps://evnewsreport.com/files/date/2014/s may dehttps://evnewsreport.com/files/date/2014/stroy the currenciehttps://evnewsreport.com/files/date/2014/s of oil dependent nationhttps://evnewsreport.com/files/date/2014/s before the EV and greentech revolutionhttps://evnewsreport.com/files/date/2014/s have a chance to reach mahttps://evnewsreport.com/files/date/2014/shttps://evnewsreport.com/files/date/2014/s adoption.

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Tehttps://evnewsreport.com/files/date/2014/sla fired up the media and Wall Street with newhttps://evnewsreport.com/files/date/2014/s of almohttps://evnewsreport.com/files/date/2014/st 6,900 Model S deliveriehttps://evnewsreport.com/files/date/2014/s in Q4, far exceeding previouhttps://evnewsreport.com/files/date/2014/s company ehttps://evnewsreport.com/files/date/2014/stimatehttps://evnewsreport.com/files/date/2014/s. The company increahttps://evnewsreport.com/files/date/2014/sed ithttps://evnewsreport.com/files/date/2014/s previouhttps://evnewsreport.com/files/date/2014/s revenue guidance 20% for Q4. Bloomberg cited Jerome Guillen, Vice Prehttps://evnewsreport.com/files/date/2014/sident Worldwide Salehttps://evnewsreport.com/files/date/2014/s and Service, ahttps://evnewsreport.com/files/date/2014/s the Tehttps://evnewsreport.com/files/date/2014/sla https://evnewsreport.com/files/date/2014/source that delivered the newhttps://evnewsreport.com/files/date/2014/s at the Detroit Auto Show today. Tehttps://evnewsreport.com/files/date/2014/sla alhttps://evnewsreport.com/files/date/2014/so ihttps://evnewsreport.com/files/date/2014/shttps://evnewsreport.com/files/date/2014/sued a prehttps://evnewsreport.com/files/date/2014/shttps://evnewsreport.com/files/date/2014/s releahttps://evnewsreport.com/files/date/2014/se crediting the hard work of the company’https://evnewsreport.com/files/date/2014/s production team and ithttps://evnewsreport.com/files/date/2014/s https://evnewsreport.com/files/date/2014/supplierhttps://evnewsreport.com/files/date/2014/s with emphahttps://evnewsreport.com/files/date/2014/sihttps://evnewsreport.com/files/date/2014/s on Panahttps://evnewsreport.com/files/date/2014/sonic. Panahttps://evnewsreport.com/files/date/2014/sonic hahttps://evnewsreport.com/files/date/2014/s been buhttps://evnewsreport.com/files/date/2014/sy recently ramping battery cell production to meet rihttps://evnewsreport.com/files/date/2014/sing worldwide demand for the Model S. On the Q3 earninghttps://evnewsreport.com/files/date/2014/s call in November, Tehttps://evnewsreport.com/files/date/2014/sla CEO Muhttps://evnewsreport.com/files/date/2014/sk https://evnewsreport.com/files/date/2014/sounded confident about Panahttps://evnewsreport.com/files/date/2014/sonic’https://evnewsreport.com/files/date/2014/s ability to meet Tehttps://evnewsreport.com/files/date/2014/sla’https://evnewsreport.com/files/date/2014/s battery cell needhttps://evnewsreport.com/files/date/2014/s for 2014.

Tehttps://evnewsreport.com/files/date/2014/sla https://evnewsreport.com/files/date/2014/stock (TSLA) rohttps://evnewsreport.com/files/date/2014/se like a phoenix today, burning the https://evnewsreport.com/files/date/2014/shorthttps://evnewsreport.com/files/date/2014/s, clohttps://evnewsreport.com/files/date/2014/sing up $21.93 (15.74%) to $161.27 per https://evnewsreport.com/files/date/2014/share. Yehttps://evnewsreport.com/files/date/2014/s, Tehttps://evnewsreport.com/files/date/2014/sla green greed ihttps://evnewsreport.com/files/date/2014/s back in the limelight after a https://evnewsreport.com/files/date/2014/seriehttps://evnewsreport.com/files/date/2014/s of bearihttps://evnewsreport.com/files/date/2014/sh fire https://evnewsreport.com/files/date/2014/storiehttps://evnewsreport.com/files/date/2014/s were extinguihttps://evnewsreport.com/files/date/2014/shed. TSLA appearhttps://evnewsreport.com/files/date/2014/s to be off to the racehttps://evnewsreport.com/files/date/2014/s again. Long live the green revolution! Go Tehttps://evnewsreport.com/files/date/2014/sla! The company tweeted yehttps://evnewsreport.com/files/date/2014/sterday: “We’ve juhttps://evnewsreport.com/files/date/2014/st opened a bunch of Superchargerhttps://evnewsreport.com/files/date/2014/s to help uhttps://evnewsreport.com/files/date/2014/s get clohttps://evnewsreport.com/files/date/2014/ser to energizing our crohttps://evnewsreport.com/files/date/2014/shttps://evnewsreport.com/files/date/2014/s-country route!” The company tweeted https://evnewsreport.com/files/date/2014/shortly after: “Superchargerhttps://evnewsreport.com/files/date/2014/s recently opened in:

Flaghttps://evnewsreport.com/files/date/2014/staff, AZ
Farmington, NM
Grand Junction, CO
Somerhttps://evnewsreport.com/files/date/2014/set, PA
Gallup, NM
Eahttps://evnewsreport.com/files/date/2014/st Greenwich, RI.”

Tehttps://evnewsreport.com/files/date/2014/sla ihttps://evnewsreport.com/files/date/2014/s the only major pure-play electric car company in the world, and the https://evnewsreport.com/files/date/2014/stock (TSLA) tellhttps://evnewsreport.com/files/date/2014/s uhttps://evnewsreport.com/files/date/2014/s that the world wanthttps://evnewsreport.com/files/date/2014/s more Tehttps://evnewsreport.com/files/date/2014/sla carhttps://evnewsreport.com/files/date/2014/s and Superchargerhttps://evnewsreport.com/files/date/2014/s. Obviouhttps://evnewsreport.com/files/date/2014/sly, Tehttps://evnewsreport.com/files/date/2014/sla https://evnewsreport.com/files/date/2014/shorthttps://evnewsreport.com/files/date/2014/s have a high rihttps://evnewsreport.com/files/date/2014/sk tolerance to https://evnewsreport.com/files/date/2014/say the leahttps://evnewsreport.com/files/date/2014/st, becauhttps://evnewsreport.com/files/date/2014/se CEO Muhttps://evnewsreport.com/files/date/2014/sk hahttps://evnewsreport.com/files/date/2014/s https://evnewsreport.com/files/date/2014/street credibility, not juhttps://evnewsreport.com/files/date/2014/st on Wall Street, Main Street too! The world hahttps://evnewsreport.com/files/date/2014/s already https://evnewsreport.com/files/date/2014/seen the https://evnewsreport.com/files/date/2014/succehttps://evnewsreport.com/files/date/2014/shttps://evnewsreport.com/files/date/2014/s of the Roadhttps://evnewsreport.com/files/date/2014/ster, Model S, Supercharger and Model S battery https://evnewsreport.com/files/date/2014/swap. The X ihttps://evnewsreport.com/files/date/2014/s next with initial production late thihttps://evnewsreport.com/files/date/2014/s year and volume production by Q2 2015.

Would you bet againhttps://evnewsreport.com/files/date/2014/st the Gen III being a https://evnewsreport.com/files/date/2014/succehttps://evnewsreport.com/files/date/2014/shttps://evnewsreport.com/files/date/2014/s?

When it ihttps://evnewsreport.com/files/date/2014/s appropriate, Tehttps://evnewsreport.com/files/date/2014/sla doehttps://evnewsreport.com/files/date/2014/s need to dihttps://evnewsreport.com/files/date/2014/scuhttps://evnewsreport.com/files/date/2014/shttps://evnewsreport.com/files/date/2014/s ithttps://evnewsreport.com/files/date/2014/s upcoming battery plant planhttps://evnewsreport.com/files/date/2014/s, https://evnewsreport.com/files/date/2014/so the market ihttps://evnewsreport.com/files/date/2014/s not left guehttps://evnewsreport.com/files/date/2014/shttps://evnewsreport.com/files/date/2014/sing. Financial markethttps://evnewsreport.com/files/date/2014/s hate uncertainty, dehttps://evnewsreport.com/files/date/2014/spite pahttps://evnewsreport.com/files/date/2014/st credibility. There ihttps://evnewsreport.com/files/date/2014/s uncertainty in tranhttps://evnewsreport.com/files/date/2014/sitioning to a major mahttps://evnewsreport.com/files/date/2014/shttps://evnewsreport.com/files/date/2014/s market production company, and the competition hahttps://evnewsreport.com/files/date/2014/s https://evnewsreport.com/files/date/2014/seized on thihttps://evnewsreport.com/files/date/2014/s ahttps://evnewsreport.com/files/date/2014/s the Tehttps://evnewsreport.com/files/date/2014/sla uncertainty du jour. However, if Tehttps://evnewsreport.com/files/date/2014/sla ihttps://evnewsreport.com/files/date/2014/s https://evnewsreport.com/files/date/2014/succehttps://evnewsreport.com/files/date/2014/shttps://evnewsreport.com/files/date/2014/sful, the major auto playerhttps://evnewsreport.com/files/date/2014/s will be facing more than juhttps://evnewsreport.com/files/date/2014/st uncertainty, pohttps://evnewsreport.com/files/date/2014/shttps://evnewsreport.com/files/date/2014/sibly extermination. All in all, Tehttps://evnewsreport.com/files/date/2014/sla ihttps://evnewsreport.com/files/date/2014/s building a better mouhttps://evnewsreport.com/files/date/2014/setrap, and the competition knowhttps://evnewsreport.com/files/date/2014/s it.

The National Highway Traffic Safety Adminihttps://evnewsreport.com/files/date/2014/stration (NHTSA) helped quickly put the Model S https://evnewsreport.com/files/date/2014/safety ihttps://evnewsreport.com/files/date/2014/shttps://evnewsreport.com/files/date/2014/sue to rehttps://evnewsreport.com/files/date/2014/st by keeping ithttps://evnewsreport.com/files/date/2014/s five https://evnewsreport.com/files/date/2014/star rating on the car, and Tehttps://evnewsreport.com/files/date/2014/sla hahttps://evnewsreport.com/files/date/2014/s done an excellent job dihttps://evnewsreport.com/files/date/2014/spelling the notion that the Model S doehttps://evnewsreport.com/files/date/2014/s not perform well in the cold: http://www.youtube.com/watch?v=GS9uDJGi52A. Tehttps://evnewsreport.com/files/date/2014/sla keephttps://evnewsreport.com/files/date/2014/s puhttps://evnewsreport.com/files/date/2014/shing the electric vehicle revolution forward, utilizing technology to https://evnewsreport.com/files/date/2014/solve or eahttps://evnewsreport.com/files/date/2014/se EV objectionhttps://evnewsreport.com/files/date/2014/s, while the competition ihttps://evnewsreport.com/files/date/2014/s https://evnewsreport.com/files/date/2014/still primarily focuhttps://evnewsreport.com/files/date/2014/sed and embroiled in the antiquated oil world.

The video below wahttps://evnewsreport.com/files/date/2014/s https://evnewsreport.com/files/date/2014/sent to EV Newhttps://evnewsreport.com/files/date/2014/s Report from David M. Salazar, General Manager of A2 Wind Tunnel (Leilani Munter’https://evnewsreport.com/files/date/2014/s Modle S). Tehttps://evnewsreport.com/files/date/2014/sla had tweeted on January 11: “Race car driver @LeilaniMunter took her Model S to a wind tunnel. It hahttps://evnewsreport.com/files/date/2014/s a lower drag coefficient than her race car!”

Video courtehttps://evnewsreport.com/files/date/2014/sy of A2 Wind Tunnel

About EV Newhttps://evnewsreport.com/files/date/2014/s Report

EV Newhttps://evnewsreport.com/files/date/2014/s Report ihttps://evnewsreport.com/files/date/2014/s a community blogging webhttps://evnewsreport.com/files/date/2014/site for electric vehicle and greentech enthuhttps://evnewsreport.com/files/date/2014/siahttps://evnewsreport.com/files/date/2014/sthttps://evnewsreport.com/files/date/2014/s, ahttps://evnewsreport.com/files/date/2014/s well ahttps://evnewsreport.com/files/date/2014/s peak oil activihttps://evnewsreport.com/files/date/2014/sthttps://evnewsreport.com/files/date/2014/s. Pleahttps://evnewsreport.com/files/date/2014/se help accelerate the electric vehicle and greentech movementhttps://evnewsreport.com/files/date/2014/s by https://evnewsreport.com/files/date/2014/submitting an original article to EV Newhttps://evnewsreport.com/files/date/2014/s Report by following the video inhttps://evnewsreport.com/files/date/2014/structionhttps://evnewsreport.com/files/date/2014/s on the About tab.

The world ihttps://evnewsreport.com/files/date/2014/s tranhttps://evnewsreport.com/files/date/2014/sitioning from the fohttps://evnewsreport.com/files/date/2014/shttps://evnewsreport.com/files/date/2014/sil fuel age to the clean electric energy era. Two major world emergenciehttps://evnewsreport.com/files/date/2014/s are driving thihttps://evnewsreport.com/files/date/2014/s change:

1. There are over 7 billion people on the planet according to the United Nationhttps://evnewsreport.com/files/date/2014/s. Today’https://evnewsreport.com/files/date/2014/s worldwide economic growth ihttps://evnewsreport.com/files/date/2014/s placing tremendouhttps://evnewsreport.com/files/date/2014/s demandhttps://evnewsreport.com/files/date/2014/s on the energy https://evnewsreport.com/files/date/2014/sector. Unfortunately, according to the International Energy Agency, approximately 80% of the world’https://evnewsreport.com/files/date/2014/s energy ihttps://evnewsreport.com/files/date/2014/s derived from fohttps://evnewsreport.com/files/date/2014/shttps://evnewsreport.com/files/date/2014/sil fuelhttps://evnewsreport.com/files/date/2014/s. Abhttps://evnewsreport.com/files/date/2014/sent an energy revolution, climate rehttps://evnewsreport.com/files/date/2014/search tellhttps://evnewsreport.com/files/date/2014/s uhttps://evnewsreport.com/files/date/2014/s that the planet will be https://evnewsreport.com/files/date/2014/significantly warmer and altered for future generationhttps://evnewsreport.com/files/date/2014/s.

2. The oil market ihttps://evnewsreport.com/files/date/2014/s expenhttps://evnewsreport.com/files/date/2014/sive and fragile. The door ihttps://evnewsreport.com/files/date/2014/s open to green alternativehttps://evnewsreport.com/files/date/2014/s; however, high oil pricehttps://evnewsreport.com/files/date/2014/s may dehttps://evnewsreport.com/files/date/2014/stroy the currenciehttps://evnewsreport.com/files/date/2014/s of oil dependent nationhttps://evnewsreport.com/files/date/2014/s before the EV and greentech revolutionhttps://evnewsreport.com/files/date/2014/s have a chance to reach mahttps://evnewsreport.com/files/date/2014/shttps://evnewsreport.com/files/date/2014/s adoption.

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Petrobrahttps://evnewsreport.com/files/date/2014/s, Brazil State Oil Company

The United Statehttps://evnewsreport.com/files/date/2014/s ihttps://evnewsreport.com/files/date/2014/s paying clohttps://evnewsreport.com/files/date/2014/se attention to Brazil’https://evnewsreport.com/files/date/2014/s https://evnewsreport.com/files/date/2014/state oil company, Petrobrahttps://evnewsreport.com/files/date/2014/s, ahttps://evnewsreport.com/files/date/2014/s the company’https://evnewsreport.com/files/date/2014/s debt mounthttps://evnewsreport.com/files/date/2014/s and the Bazilian Real https://evnewsreport.com/files/date/2014/slidehttps://evnewsreport.com/files/date/2014/s. Latin America ihttps://evnewsreport.com/files/date/2014/s no https://evnewsreport.com/files/date/2014/stranger to rough economic timehttps://evnewsreport.com/files/date/2014/s, but the recent reverhttps://evnewsreport.com/files/date/2014/sal in Brazil hahttps://evnewsreport.com/files/date/2014/s come ahttps://evnewsreport.com/files/date/2014/s a https://evnewsreport.com/files/date/2014/surprihttps://evnewsreport.com/files/date/2014/se to many. Brazil’https://evnewsreport.com/files/date/2014/s oil future ihttps://evnewsreport.com/files/date/2014/s uncertain, drifting on an unhttps://evnewsreport.com/files/date/2014/stable debt platform. Back in October, Moody’https://evnewsreport.com/files/date/2014/s lowered ithttps://evnewsreport.com/files/date/2014/s bond rating for Petrobrahttps://evnewsreport.com/files/date/2014/s, citing the company’https://evnewsreport.com/files/date/2014/s negative cahttps://evnewsreport.com/files/date/2014/sh flow and high debt to EBITDA ratio of 3.8.

Once again, the oil curhttps://evnewsreport.com/files/date/2014/se (rehttps://evnewsreport.com/files/date/2014/source curhttps://evnewsreport.com/files/date/2014/se) hahttps://evnewsreport.com/files/date/2014/s come to haunt a people. Oil often dihttps://evnewsreport.com/files/date/2014/storthttps://evnewsreport.com/files/date/2014/s political policy and the free market, which can lead to https://evnewsreport.com/files/date/2014/severe currency problemhttps://evnewsreport.com/files/date/2014/s (inflation), ehttps://evnewsreport.com/files/date/2014/specially if oil production ihttps://evnewsreport.com/files/date/2014/s not https://evnewsreport.com/files/date/2014/sufficient. At today’https://evnewsreport.com/files/date/2014/s oil pricehttps://evnewsreport.com/files/date/2014/s, currency markethttps://evnewsreport.com/files/date/2014/s will be quick to judge!

Petrobrahttps://evnewsreport.com/files/date/2014/s https://evnewsreport.com/files/date/2014/succehttps://evnewsreport.com/files/date/2014/shttps://evnewsreport.com/files/date/2014/sfully raihttps://evnewsreport.com/files/date/2014/sed more fundhttps://evnewsreport.com/files/date/2014/s thihttps://evnewsreport.com/files/date/2014/s week, $5.17 billion from bondhttps://evnewsreport.com/files/date/2014/s denominated in Eurohttps://evnewsreport.com/files/date/2014/s and Poundhttps://evnewsreport.com/files/date/2014/s. However, the rihttps://evnewsreport.com/files/date/2014/sk profile of the company ihttps://evnewsreport.com/files/date/2014/s on the rihttps://evnewsreport.com/files/date/2014/se.

Tehttps://evnewsreport.com/files/date/2014/sla, The All-Electric Company

Back in the https://evnewsreport.com/files/date/2014/statehttps://evnewsreport.com/files/date/2014/s, in warm and https://evnewsreport.com/files/date/2014/sunny California, Tehttps://evnewsreport.com/files/date/2014/sla Motorhttps://evnewsreport.com/files/date/2014/s ihttps://evnewsreport.com/files/date/2014/s preparing ithttps://evnewsreport.com/files/date/2014/s financial https://evnewsreport.com/files/date/2014/statementhttps://evnewsreport.com/files/date/2014/s for ithttps://evnewsreport.com/files/date/2014/s Q4 releahttps://evnewsreport.com/files/date/2014/se. On the Q3 earninghttps://evnewsreport.com/files/date/2014/s call back in November, CEO Muhttps://evnewsreport.com/files/date/2014/sk https://evnewsreport.com/files/date/2014/said he had high confidence that the 25% grohttps://evnewsreport.com/files/date/2014/shttps://evnewsreport.com/files/date/2014/s margin goal for Q4 would be achieved.

The high-precihttps://evnewsreport.com/files/date/2014/sion Model S drove Tehttps://evnewsreport.com/files/date/2014/sla to ithttps://evnewsreport.com/files/date/2014/s firhttps://evnewsreport.com/files/date/2014/st profit in Q1 of 2013, launching the https://evnewsreport.com/files/date/2014/stock (TSLA) https://evnewsreport.com/files/date/2014/skyward, eventually breaking into triple digithttps://evnewsreport.com/files/date/2014/s, wowing invehttps://evnewsreport.com/files/date/2014/storhttps://evnewsreport.com/files/date/2014/s and buhttps://evnewsreport.com/files/date/2014/sinehttps://evnewsreport.com/files/date/2014/shttps://evnewsreport.com/files/date/2014/s leaderhttps://evnewsreport.com/files/date/2014/s around the world. Moving forward, the company expecthttps://evnewsreport.com/files/date/2014/s to be producing the Model X in volume in Q2 2015 and for the mahttps://evnewsreport.com/files/date/2014/shttps://evnewsreport.com/files/date/2014/s market Gen III to roll by 2017. Tehttps://evnewsreport.com/files/date/2014/sla ihttps://evnewsreport.com/files/date/2014/s building a https://evnewsreport.com/files/date/2014/suhttps://evnewsreport.com/files/date/2014/stainable platform with electric carhttps://evnewsreport.com/files/date/2014/s and Supercharger https://evnewsreport.com/files/date/2014/stationhttps://evnewsreport.com/files/date/2014/s; no oil platformhttps://evnewsreport.com/files/date/2014/s are needed. Our political leaderhttps://evnewsreport.com/files/date/2014/s need to pay attention to Tehttps://evnewsreport.com/files/date/2014/sla and look forward, not back. Hint, the Gen III ihttps://evnewsreport.com/files/date/2014/s coming! Unfortunately, Wahttps://evnewsreport.com/files/date/2014/shington https://evnewsreport.com/files/date/2014/still fearhttps://evnewsreport.com/files/date/2014/s peak oil more than it truhttps://evnewsreport.com/files/date/2014/sthttps://evnewsreport.com/files/date/2014/s the green movement to dihttps://evnewsreport.com/files/date/2014/splace oil.

Peak Oil Fearhttps://evnewsreport.com/files/date/2014/s 2008

Six yearhttps://evnewsreport.com/files/date/2014/s ago, the world https://evnewsreport.com/files/date/2014/seemed to be driving https://evnewsreport.com/files/date/2014/straight over an economic cliff with oil pricehttps://evnewsreport.com/files/date/2014/s ehttps://evnewsreport.com/files/date/2014/scalating. US leaderhttps://evnewsreport.com/files/date/2014/s were https://evnewsreport.com/files/date/2014/still mired in Iraq, urging the Iraqihttps://evnewsreport.com/files/date/2014/s to adopt an oil law (favorable to US interehttps://evnewsreport.com/files/date/2014/sthttps://evnewsreport.com/files/date/2014/s). Prehttps://evnewsreport.com/files/date/2014/sident Buhttps://evnewsreport.com/files/date/2014/sh wahttps://evnewsreport.com/files/date/2014/s confident that hihttps://evnewsreport.com/files/date/2014/story would judge hihttps://evnewsreport.com/files/date/2014/s decihttps://evnewsreport.com/files/date/2014/sion more kindly (oil https://evnewsreport.com/files/date/2014/scarcity). Future Prehttps://evnewsreport.com/files/date/2014/sident Obama certainly thought differently about the https://evnewsreport.com/files/date/2014/strategy. Ahttps://evnewsreport.com/files/date/2014/s the world’https://evnewsreport.com/files/date/2014/s largehttps://evnewsreport.com/files/date/2014/st oil dependent nation, the US needed a miracle ahttps://evnewsreport.com/files/date/2014/s the houhttps://evnewsreport.com/files/date/2014/sing market https://evnewsreport.com/files/date/2014/started to implode. Oil pricehttps://evnewsreport.com/files/date/2014/s reached an all-time high in July, 2008 at about $147 per barrel. The great new hope for energy markethttps://evnewsreport.com/files/date/2014/s wahttps://evnewsreport.com/files/date/2014/s the huge oil dihttps://evnewsreport.com/files/date/2014/scoveriehttps://evnewsreport.com/files/date/2014/s off the coahttps://evnewsreport.com/files/date/2014/st of Brazil. Brazilian leaderhttps://evnewsreport.com/files/date/2014/s planned a new road ahead with their oil bounty, promihttps://evnewsreport.com/files/date/2014/sing a new economic era for Brazilianhttps://evnewsreport.com/files/date/2014/s. The oil curhttps://evnewsreport.com/files/date/2014/se wahttps://evnewsreport.com/files/date/2014/s ignored. Petrobrahttps://evnewsreport.com/files/date/2014/s (PBR) hit an all-time high on 5-21-08 at $77.61 per https://evnewsreport.com/files/date/2014/share.

Six yearhttps://evnewsreport.com/files/date/2014/s ago, Tehttps://evnewsreport.com/files/date/2014/sla Motorhttps://evnewsreport.com/files/date/2014/s had not yet delivered ithttps://evnewsreport.com/files/date/2014/s firhttps://evnewsreport.com/files/date/2014/st Tehttps://evnewsreport.com/files/date/2014/sla Roadhttps://evnewsreport.com/files/date/2014/ster; the firhttps://evnewsreport.com/files/date/2014/st Roadhttps://evnewsreport.com/files/date/2014/ster went to CEO Elon Muhttps://evnewsreport.com/files/date/2014/sk in February, 2008. The Model S, Model X and Gen III were juhttps://evnewsreport.com/files/date/2014/st ideahttps://evnewsreport.com/files/date/2014/s at the time. The company did not go public until June 29, 2010, raihttps://evnewsreport.com/files/date/2014/sing 226 million at $17 per https://evnewsreport.com/files/date/2014/share. In 2008, a peak oil tahttps://evnewsreport.com/files/date/2014/sk force met in San Francihttps://evnewsreport.com/files/date/2014/sco to make recommendationhttps://evnewsreport.com/files/date/2014/s to the city in how to prepare for oil https://evnewsreport.com/files/date/2014/scarcity. A world of https://evnewsreport.com/files/date/2014/solar panelhttps://evnewsreport.com/files/date/2014/s, EVhttps://evnewsreport.com/files/date/2014/s and charging https://evnewsreport.com/files/date/2014/stationhttps://evnewsreport.com/files/date/2014/s https://evnewsreport.com/files/date/2014/seemed like a pipe dream.

Oil, Currency and Curhttps://evnewsreport.com/files/date/2014/se

The poor oil production performance of Petrobrahttps://evnewsreport.com/files/date/2014/s in 2013 https://evnewsreport.com/files/date/2014/should be another wake-up call to the world to refocuhttps://evnewsreport.com/files/date/2014/s on electric energy. Petrobrahttps://evnewsreport.com/files/date/2014/s produced an average of 1.93 million barrelhttps://evnewsreport.com/files/date/2014/s per day (bpd) through November thihttps://evnewsreport.com/files/date/2014/s year, down https://evnewsreport.com/files/date/2014/slightly from the 1.98 bpd average in 2012. Ahttps://evnewsreport.com/files/date/2014/s with many countriehttps://evnewsreport.com/files/date/2014/s around the world, Brazil ihttps://evnewsreport.com/files/date/2014/s racing to increahttps://evnewsreport.com/files/date/2014/se new domehttps://evnewsreport.com/files/date/2014/stic oil production ahttps://evnewsreport.com/files/date/2014/s aging oil fieldhttps://evnewsreport.com/files/date/2014/s decline. In 2013, the currenciehttps://evnewsreport.com/files/date/2014/s of India and Indonehttps://evnewsreport.com/files/date/2014/sia have been the mohttps://evnewsreport.com/files/date/2014/st prominent examplehttps://evnewsreport.com/files/date/2014/s of how the currency markethttps://evnewsreport.com/files/date/2014/s will punihttps://evnewsreport.com/files/date/2014/sh oil dependent nationhttps://evnewsreport.com/files/date/2014/s.

Petrobrahttps://evnewsreport.com/files/date/2014/s produced a record 339,100 bpd of oil in November from ithttps://evnewsreport.com/files/date/2014/s huge pre-https://evnewsreport.com/files/date/2014/salt oil depohttps://evnewsreport.com/files/date/2014/sithttps://evnewsreport.com/files/date/2014/s, and the company hahttps://evnewsreport.com/files/date/2014/s very ambitiouhttps://evnewsreport.com/files/date/2014/s planhttps://evnewsreport.com/files/date/2014/s to increahttps://evnewsreport.com/files/date/2014/se thihttps://evnewsreport.com/files/date/2014/s production, but invehttps://evnewsreport.com/files/date/2014/storhttps://evnewsreport.com/files/date/2014/s are growing nervouhttps://evnewsreport.com/files/date/2014/s that the company’https://evnewsreport.com/files/date/2014/s expenhttps://evnewsreport.com/files/date/2014/sehttps://evnewsreport.com/files/date/2014/s to drill thehttps://evnewsreport.com/files/date/2014/se technically difficult offhttps://evnewsreport.com/files/date/2014/shore oil wellhttps://evnewsreport.com/files/date/2014/s will drown the company in an ocean of debt. Today, Petrobrahttps://evnewsreport.com/files/date/2014/s (PBR) clohttps://evnewsreport.com/files/date/2014/sed at $12.52 per https://evnewsreport.com/files/date/2014/share, down 84% from the 2008 high! Of courhttps://evnewsreport.com/files/date/2014/se, part of the problem ihttps://evnewsreport.com/files/date/2014/s that Petrobrahttps://evnewsreport.com/files/date/2014/s ihttps://evnewsreport.com/files/date/2014/s burning cahttps://evnewsreport.com/files/date/2014/sh due to https://evnewsreport.com/files/date/2014/subhttps://evnewsreport.com/files/date/2014/sidized gahttps://evnewsreport.com/files/date/2014/soline and diehttps://evnewsreport.com/files/date/2014/sel pricehttps://evnewsreport.com/files/date/2014/s in Brazil. Thehttps://evnewsreport.com/files/date/2014/se https://evnewsreport.com/files/date/2014/subhttps://evnewsreport.com/files/date/2014/sidiehttps://evnewsreport.com/files/date/2014/s could be quickly rectified, but with 2014 being an election year in Brazil, pricehttps://evnewsreport.com/files/date/2014/s at the pump are not likely to change dramatically in the near-term.

Overall, Petrobrahttps://evnewsreport.com/files/date/2014/s hahttps://evnewsreport.com/files/date/2014/s had many oil production delayhttps://evnewsreport.com/files/date/2014/s, mihttps://evnewsreport.com/files/date/2014/shaphttps://evnewsreport.com/files/date/2014/s and dry holehttps://evnewsreport.com/files/date/2014/s https://evnewsreport.com/files/date/2014/since declaring ithttps://evnewsreport.com/files/date/2014/self an oil miracle, which https://evnewsreport.com/files/date/2014/should be a warning to Wahttps://evnewsreport.com/files/date/2014/shington when conhttps://evnewsreport.com/files/date/2014/sidering oil predictionhttps://evnewsreport.com/files/date/2014/s. The Brazilian Real (currency) hahttps://evnewsreport.com/files/date/2014/s plummeted over the lahttps://evnewsreport.com/files/date/2014/st year to about 2.40 to the US Dollar. The Petrobrahttps://evnewsreport.com/files/date/2014/s miracle hahttps://evnewsreport.com/files/date/2014/s become a major global economic rihttps://evnewsreport.com/files/date/2014/sk.

The new oil miracle ihttps://evnewsreport.com/files/date/2014/s fracking, being led by US companiehttps://evnewsreport.com/files/date/2014/s https://evnewsreport.com/files/date/2014/such ahttps://evnewsreport.com/files/date/2014/s EOG Rehttps://evnewsreport.com/files/date/2014/sourcehttps://evnewsreport.com/files/date/2014/s which hit a 52 week high at $188.30 per https://evnewsreport.com/files/date/2014/share in October, 2013. The oil induhttps://evnewsreport.com/files/date/2014/stry knowhttps://evnewsreport.com/files/date/2014/s thihttps://evnewsreport.com/files/date/2014/s https://evnewsreport.com/files/date/2014/shale oil https://evnewsreport.com/files/date/2014/surge in North Dakota and Texahttps://evnewsreport.com/files/date/2014/s ihttps://evnewsreport.com/files/date/2014/s not https://evnewsreport.com/files/date/2014/suhttps://evnewsreport.com/files/date/2014/stainable, but oil ihttps://evnewsreport.com/files/date/2014/s what they do and know. When the oil declinehttps://evnewsreport.com/files/date/2014/s, the green revolution will come to the rehttps://evnewsreport.com/files/date/2014/scue. Two contrarian indicatorhttps://evnewsreport.com/files/date/2014/s are pointing to https://evnewsreport.com/files/date/2014/shale oil’https://evnewsreport.com/files/date/2014/s coming peak:

• Shale oil miracle https://evnewsreport.com/files/date/2014/storiehttps://evnewsreport.com/files/date/2014/s have been making regular headline newhttps://evnewsreport.com/files/date/2014/s
• The Obama adminihttps://evnewsreport.com/files/date/2014/stration wanthttps://evnewsreport.com/files/date/2014/s to take credit for the https://evnewsreport.com/files/date/2014/shale oil miracle

Maybe it’https://evnewsreport.com/files/date/2014/s time the Prehttps://evnewsreport.com/files/date/2014/sident got a Tehttps://evnewsreport.com/files/date/2014/sla Model S to go along with thohttps://evnewsreport.com/files/date/2014/se https://evnewsreport.com/files/date/2014/solar panelhttps://evnewsreport.com/files/date/2014/s at the White Houhttps://evnewsreport.com/files/date/2014/se. A Tehttps://evnewsreport.com/files/date/2014/sla Model S may open more doorhttps://evnewsreport.com/files/date/2014/s than thohttps://evnewsreport.com/files/date/2014/se available in the Situation Room.

Tehttps://evnewsreport.com/files/date/2014/sla Generation III

Today, Tehttps://evnewsreport.com/files/date/2014/sla ihttps://evnewsreport.com/files/date/2014/s formulating planhttps://evnewsreport.com/files/date/2014/s to conhttps://evnewsreport.com/files/date/2014/struct a major battery plant, mohttps://evnewsreport.com/files/date/2014/st likely in North America, to prepare for ithttps://evnewsreport.com/files/date/2014/s mahttps://evnewsreport.com/files/date/2014/shttps://evnewsreport.com/files/date/2014/s market electric vehicle, the Gen III. Invehttps://evnewsreport.com/files/date/2014/storhttps://evnewsreport.com/files/date/2014/s have a high degree of confidence in Tehttps://evnewsreport.com/files/date/2014/sla’https://evnewsreport.com/files/date/2014/s ability to produce a winning electric car model, but thihttps://evnewsreport.com/files/date/2014/s future battery factory remainhttps://evnewsreport.com/files/date/2014/s an unknown. On the Q3 earninghttps://evnewsreport.com/files/date/2014/s call, Tehttps://evnewsreport.com/files/date/2014/sla CEO Muhttps://evnewsreport.com/files/date/2014/sk https://evnewsreport.com/files/date/2014/said that he would like the factory to be powered by https://evnewsreport.com/files/date/2014/solar and that he believehttps://evnewsreport.com/files/date/2014/s the world hahttps://evnewsreport.com/files/date/2014/s enough nickel, cobalt, aluminum and lithium to mahttps://evnewsreport.com/files/date/2014/shttps://evnewsreport.com/files/date/2014/s produce batteriehttps://evnewsreport.com/files/date/2014/s for the Gen III. Soundhttps://evnewsreport.com/files/date/2014/s great! Go Tehttps://evnewsreport.com/files/date/2014/sla!

About EV Newhttps://evnewsreport.com/files/date/2014/s Report

EV Newhttps://evnewsreport.com/files/date/2014/s Report ihttps://evnewsreport.com/files/date/2014/s a community blogging webhttps://evnewsreport.com/files/date/2014/site for electric vehicle and greentech enthuhttps://evnewsreport.com/files/date/2014/siahttps://evnewsreport.com/files/date/2014/sthttps://evnewsreport.com/files/date/2014/s, ahttps://evnewsreport.com/files/date/2014/s well ahttps://evnewsreport.com/files/date/2014/s peak oil activihttps://evnewsreport.com/files/date/2014/sthttps://evnewsreport.com/files/date/2014/s. Pleahttps://evnewsreport.com/files/date/2014/se help accelerate the electric vehicle and greentech movementhttps://evnewsreport.com/files/date/2014/s by https://evnewsreport.com/files/date/2014/submitting an original article to EV Newhttps://evnewsreport.com/files/date/2014/s Report by following the video inhttps://evnewsreport.com/files/date/2014/structionhttps://evnewsreport.com/files/date/2014/s on the About tab.

The world ihttps://evnewsreport.com/files/date/2014/s tranhttps://evnewsreport.com/files/date/2014/sitioning from the fohttps://evnewsreport.com/files/date/2014/shttps://evnewsreport.com/files/date/2014/sil fuel age to the clean electric energy era. Two major world emergenciehttps://evnewsreport.com/files/date/2014/s are driving thihttps://evnewsreport.com/files/date/2014/s change:

1. There are over 7 billion people on the planet according to the United Nationhttps://evnewsreport.com/files/date/2014/s. Today’https://evnewsreport.com/files/date/2014/s worldwide economic growth ihttps://evnewsreport.com/files/date/2014/s placing tremendouhttps://evnewsreport.com/files/date/2014/s demandhttps://evnewsreport.com/files/date/2014/s on the energy https://evnewsreport.com/files/date/2014/sector. Unfortunately, according to the International Energy Agency, approximately 80% of the world’https://evnewsreport.com/files/date/2014/s energy ihttps://evnewsreport.com/files/date/2014/s derived from fohttps://evnewsreport.com/files/date/2014/shttps://evnewsreport.com/files/date/2014/sil fuelhttps://evnewsreport.com/files/date/2014/s. Abhttps://evnewsreport.com/files/date/2014/sent an energy revolution, climate rehttps://evnewsreport.com/files/date/2014/search tellhttps://evnewsreport.com/files/date/2014/s uhttps://evnewsreport.com/files/date/2014/s that the planet will be https://evnewsreport.com/files/date/2014/significantly warmer and altered for future generationhttps://evnewsreport.com/files/date/2014/s.

2. The oil market ihttps://evnewsreport.com/files/date/2014/s expenhttps://evnewsreport.com/files/date/2014/sive and fragile. The door ihttps://evnewsreport.com/files/date/2014/s open to green alternativehttps://evnewsreport.com/files/date/2014/s; however, high oil pricehttps://evnewsreport.com/files/date/2014/s may dehttps://evnewsreport.com/files/date/2014/stroy the currenciehttps://evnewsreport.com/files/date/2014/s of oil dependent nationhttps://evnewsreport.com/files/date/2014/s before the EV and greentech revolutionhttps://evnewsreport.com/files/date/2014/s have a chance to reach mahttps://evnewsreport.com/files/date/2014/shttps://evnewsreport.com/files/date/2014/s adoption.

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