Remove 2011 Remove Cost Of Remove Oil Prices Remove Presentations
article thumbnail

$10-Trillion Investment Needed To Avoid Massive Oil Price Spike Says OPEC

Green Car Congress

The OPEC published its World Oil Outlook 2015 (WOO) in late December, which struck a much more pessimistic note on the state of oil markets than in the past. On the one hand, OPEC does not see oil prices returning to triple-digit territory within the next 25 years, a strikingly bearish conclusion.

article thumbnail

MIT/UC Davis professors challenge claims that ethanol production decreased gasoline prices in 2010 and 2011

Green Car Congress

Two professors from MIT and UC Davis have released a paper challenging the recent claims by the Renewable Fuel Association (RFA) and US Secretary of Agriculture Vilsack that ethanol production decreased gasoline prices by $0.89 in 2010 and 2011, respectively. It is strongly correlated with any trending variable.

Davis 334
article thumbnail

US Shale Is Now Cash Flow Neutral

Green Car Congress

Oil prices are probably already high enough to spark a rebound in shale production. Even when US oil production hit a peak at 9.7 By the third quarter, oil prices had climbed back to above $40 and traded at around $50 per barrel for some time, replenishing some lost revenue. by Nick Cunningham of Oilprice.com.

article thumbnail

EIA Energy Outlook 2013 reference case sees drop in fossil fuel consumption as use of petroleum-based liquid fuels falls; projects 20% higher sales of hybrids and PHEVs than AEO2012

Green Car Congress

Among its many findings, the Reference case suggests that US primary energy consumption will grow by 7% from 2011 to 2040 to 108 quadrillion Btu. However, energy use per capita declines by 15% from 2011 through 2040 as a result of improving energy efficiency (e.g., quadrillion Btu in 2011 to 14.0 than in AEO2012.

Fuel 225
article thumbnail

AECOM study finds EV adoption in Victoria can offer significant economic benefits by late 2020s; PHEVs initially lead uptake

Green Car Congress

The analysis is based on central forecasts of oil price, electricity. price and carbon pollution reduction scheme (CPRS)/carbon tax policy, and known information about the historic drivers for consumers in the vehicle. However, as EV and PHEV prices gradually reach. operating cost savings increase.

PHEV 210
article thumbnail

IEA WEO-2012 finds major shift in global energy balance but not onto a more sustainable path; identifies potential for transformative shift in global energy efficiency

Green Car Congress

by subsidies that amounted to $523 billion in 2011, up almost 30% on 2010 and six times more than subsidies to renewables. The cost of fossil-fuel subsidies has been driven up by higher oil prices; they remain most prevalent in the Middle East and North Africa, where momentum towards their reform appears to have been lost.

Global 225
article thumbnail

Study finds no alternative to widespread switching of direct fuel uses to electricity to meet 2050 California GHG targets; putting detail in climate wedges

Green Car Congress

essential for reducing the cost of electrification, by raising. Achieving the requisite infrastructure changes necessitates major improvements in the functionality and cost of a wide array of technologies and infrastructure systems, including but not limited to cellulosic and algal. Net mitigation cost to California came in at 1.3%

Climate 262