Green Car Congress
JANUARY 7, 2015
Responding to press articles saying that the collapse of the global oil price is threatening oil and gas production in the off-shore Brazil pre-salt layer, Petrobras countered that it is expanding its production capacity “in an economically viable manner.”
Green Car Congress
AUGUST 27, 2013
In 2011 and 2012, higher oil prices and increased fuel efficiency of light-duty vehicles contributed to reduced US consumption. Petroleum use in Europe has declined in every year since 2006. Part of this decline was related to a reduction in overall energy intensity and government policies that encourage energy efficiency.
Green Car Congress
JANUARY 16, 2012
We expect continued strong activity in oil and liquids-rich resource plays in 2012. Values of US upstream M&A oil and gas M&A deals, 2006-2011. A comprehensive review of Oil and Gas M&A Activity in 2011 will be completed in the next several weeks. billion compared to less than $300 million annually from 2006 through 2010.
DIY Electric Car
NOVEMBER 28, 2010
There have been 5 recession since then until now and I wanted to see if Oil had anything to do with them, because deep in my heart, I knew the most recent recession was directly caused by the oil price spikes that started in 2007 and peaked in 2008. This increase in oil prices again pushed the economy into a recession.
Green Car Congress
MAY 24, 2012
US emissions have now fallen by 430 Mt (7.7%) since 2006, the largest reduction of all countries or regions. The new data provide further evidence that the door to a 2 °C trajectory is about to close. —IEA Chief Economist Fatih Birol. In 2011, a 6.1% increase in CO 2 emissions in countries outside the OECD was only partly offset by a 0.6%
Green Car Congress
JUNE 27, 2012
Oil production capacity is surging in the United States and several other countries at such a fast pace that global oil output capacity could grow by nearly 20% from the current 93 million barrels per day to 110.6 Such an increase in capacity could prompt a plunge or even a collapse in oil prices, he suggests.
Green Car Congress
DECEMBER 5, 2012
Biofuels grow at a slower rate due to lower crude oil prices and. The decline reflects increased domestic production of both petroleum and natural gas, increased use of biofuels, and lower demand resulting from the adoption of new vehicle fuel efficiency standards and rising energy prices. Biomass and biofuels growth is slower.
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