Current forecasts call for solid growth in world energy use over the next 20 years, potentially increasing 60% above current energy use. With the forces in place to keep energy use patterns the same, a safe, conservative assumption would be that the commercial sector will contribute about 12% to final total energy consumption in the year 2020. (more…)

For years it was out of desperation that observers have advised and viewed of American energy policy and geopolitical risks regarding American obsession with oil. United States have become very sensitive to permanent events in the Gulf region. But the great surprise was the American public seems quite happy to give thousands of young soldiers in a desert war against other nation with huge cost inline. (more…)

Whatever the actual motivation, American policymakers perceived a need after 1973 to restrict automobile and light truck consumption of gasoline. How The Energy Policy and Conservation Act of 1975 imposed Corporate Average Fuel Economy (CAFE) standards on all auto and light truck manufacturers who sold vehicles in the Unite d States. The weighted average of miles per gallon (MPG) for each manufacturer’s car sales was required to be at least 18 MPG by 1978 and 27.5 MPG by 1985. Manufacturer s that failed to meet this standard were to be fined $50 per vehicle sold for each gallon (of MPG rating) by which they failed. (more…)