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US convert themselves to energy efficiency May 5, 2009

Posted by mytruthaboutoil in Oil (general), Oil prices.
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energy_efficiency_chart-transportation-747421

Global warming, global crisis, unpredictable oil prices!!! Many reasons for Western governments and especially the US to promote energy efficiency after decades of waste and unresponsible consumerism.

When you’re talking about cars, it seems that bigger is not anymore better. Governments and car makers have finally understood (did they haave any other choice?) that the market will now be green cars oriented. And I don’t think this is a short term trend.

sunracer2Have a look at this website. I think it is particularly interesting to see that the United States Department of Energy has launched a website in order to teach Americans how to save as much fuel as possible. 

And what about the impact of this “green revolution” on oil business? I guess it is a bit early for predictions, but oil business has shown in the past it was a very creaétive industry.

Will prices increase? Will oil majors realize more benefits on services related to oil? I don’t know yet but I’m not really worried…

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