Word: gas
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...exports for 85% of its revenue, but Iran's aging production capacity is diminishing by about 500,000 bbl. per year, according to some analyses. What oil it can produce, it has little ability to refine, importing as much as 50% of its gasoline. In 2007, Iran imposed gas-rationing, which set off riots...
...post-Soviet 'Stans to the north present their own strategic quagmire. The tactical support of governments in the region is becoming increasingly vital for U.S. plans to bring stability to Afghanistan. Central Asian countries also sit atop a significant chunk of the world's untapped oil and natural gas reserves, assets that are eyed covetously by both neighboring Russia and China, as well as the West. Yet the region - dominated by corrupt and repressive regimes - is itself precariously poised, home to its own native Islamist insurgencies vulnerable to domestic upheaval. "There is the possibility for really unpredictable change," says Jeffrey...
...boom owes much to Chinese policy. The government made developing e-bikes an official technology goal in 1991. Major Chinese cities have extensive bicycle lanes, which means riders can avoid the worst of rush-hour congestion. In cities such as Shanghai, local governments have drastically raised licensing fees on gas-powered scooters in recent years, effectively driving hoards of consumers to e-bike manufacturers...
...often fronted by a row of blue and white patrol e-bikes. Delivery workers from McDonald's and KFC haul plastic cases stuffed with Big Macs and fried chicken to office parks. "At first, I picked an e-bike because I couldn't stand the sickening smell of gas from my scooter," says Zhang Dengming, 50, a construction supervisor in Shanghai. "But after a while, I realized that e-bikes are actually much safer than motorcycles, and better for the environment. Although e-bikes are generally slower than gas scooters, I find them fast enough for my daily commutes. Their...
...Last year Chinese bought about 90% of the 23 million e-bikes sold worldwide. Experts say that next regions to likely embrace e-bikes are Southeast Asia, where gas-powered scooters are popular, and India, where rising incomes mean personal transportation is starting to be in reach of hundreds of millions. Japan has seen steady annual sales of about 300,000 for several years, and in the cycle-crazy Netherlands e-bikes are beginning to take off. In the U.S., where bikes are still overwhelmingly used for recreation rather than transportation, e-bike sales are expected to break...