Sales of oil and refined oil products are the most important single source of recurrent revenues for ISIL. Targeting ISIL's oil loading facilities and heavy trucks can weaken the group, but this alone will not lead to its demise.
In this Congressional Briefing held on May 11, 2009, Keith Crane, director of the RAND Environment, Energy, and Economic Development Program, leads a discussion on the links between oil imports and U.S. national security.
While on a net basis the United States imports nearly 60 percent of the oil it consumes, this reliance on imported oil is not by itself a major national security threat. The study finds that the economic costs of a major disruption in global oil supplies—including higher prices for American consumers—pose the greatest risk to the United States.
Instead of the complicated "cap-and-trade" system to reduce carbon emissions proposed in current congressional legislation, a tax on carbon dioxide refunded directly to individuals would cut emissions while cushioning the impact on the pocketbooks of American families, write Keith Crane and James Bartis.
Cars and light trucks powered by advanced diesel technology or hybrid technology can provide larger societal benefits than traditional gasoline-powered automobiles. Vehicles fueled by E85 compare unfavorably with the other two alternatives.
Higher world oil prices and recent technological achievements are generating renewed interest in oil shale. However, based on technical design needs, initial commercial operations are likely more than a decade away.
This paper explores the impact of political risk on foreign direct investment in petroleum ventures in those developing countries that are not members of the Organization of Petroleum Exporting Countries. It coordinates and analyzes information from ...
... documents a review of the publicly available literature on cost improvement, defined as the reduction in a technology's unit product cost that typically occurs as experience with the technology is gained.