A team from MSU has stripped an SUV and packed it full of
batteries, motors, electronics, and a small diesel engine,
achieving the efficiency equivalent to 118 miles per gallon of
gasoline. Their effort took first place in the EcoCAR
competition, hosted by DOE and General Motors Corporation.
Crude oil, taxes, refining, distribution and marking are the four main components that make up the retail price of a gallon of gasoline. (Source: EIA)
55 of the world's 65 largest oil producing countries are past their production peaks and in decline.
Estimated energy demand is charted to grow by almost 50% in the next 20 years.
Fossil fuels provide more than 85% of all the energy consumed in the US, nearly two-thirds of our electricity, and virtually all of our transportation fuels. (Source: DOE)
Appliances account for roughly 65% of electricity consumption in the average American household (2001), with refrigerators and lighting making up the largest categories. (Source: EIA)
