The list of teams competing for a $10 million prize purse in
the Progressive Automotive X Prize has been winnowed down
to 43. As those teams gear up to compete, DOE is funding a
new high school competition to design the "Dashboard of the
Future" to encourage fuel-efficient driving.
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)
Today’s challenges of reducing greenhouse gas emissions while meeting the country’s steadily rising demand for electricity make it essential for legislatures and public utility commissions to shift their focus toward mechanisms that make demand reduction as profitable for utilities as increasing supply. (Source: Institute for 21st Century Energy)
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)
