Every indexed document

and has among the lowest electricity-to-GDP ratios in Europe. However

and solar is higher by another order of magnitude. The relative ordering is similar in other countries.

so we should look at all-in levelized costs 5 by electricity

and that’s just for the connection (not the wind turbine itself

so the consequences may be substantial. To get a sense of the potential impact

Chancellor Merkel announced a plan to accelerate the closure of coal and nuclear power plants

and Executive Chairman of Polimeri Europa

pipeline needs and a range of environmental issues. Maugeri was Senior Executive

the challenges for the US refining industry which has invested in the ability to process

and is not part of the country’s domestic consumption requirement.

the US exported 0.5 mm bpd in refined petroleum products. As a result

which translates into reduced oil consumption of 0.3 mm bpd.

000 miles per year and get 5 mpg (using 12

and for trucks with established routes where refueling stations can be built every 300-400

and a more limited driving range (natural gas tanks generally hold less

Maugeri’s estimate of 300 billion barrels of oil in place are exceeded by larger mean estimates

whose production – although still in its infancy – is

but the most important revolution in the

these are expected by the EIA to offset declines elsewhere (Alaska). The EIA’s

extracted from formations such as Bakken and Eagle Ford