Green Car Congress

APRIL 27, 2017

This sharp slowdown in activity in the conventional oil sector was the result of reduced investment spending driven by low oil prices. The average break-even price in the Permian basin in Texas, for example, is now at US$40-45/bbl. mb/d by 2022 at current prices, and expand even more if prices rise further.

Oil 150

Oil 2016 Oil-Sands Global 150

Green Car Congress

JUNE 13, 2012

The “Arab Spring” affected oil and gas supplies—most notably the complete, albeit temporary, loss of Libyan supply—while the tragic Fukushima accident in Japan had knock-on effects for nuclear and other energy sources around the world. Prices increased in all regions. more as natural gas was diverted to Asia.

Coal 261

Coal Oil Renewable Saudi Arabia 261

Green Car Congress

JULY 20, 2012

savings stimulated by high oil prices led to a decrease of 3% in CO 2 emissions in the European Union and of 2% in both the United States and Japan. tonnes per capita, despite a decline due to the recession in 2008-2009, high oil prices and an increased share of natural gas. tonnes per capita. the United States (16%).

2011 236

2011 Emissions CO2 Global 236