Green Car Congress

MARCH 13, 2015

Lest we be too quick to forget whence we came, America is now 9-months into lower gasoline prices, which started their swoon the week of June 30, 2015 from a lofty national average just under $3.70, tumbling almost every subsequent week before bottoming and bouncing from $2.02 by Thomas Miller for Oilprice.com. Bernard Weinstein, Ph.D.,

Oil Prices 150

Oil Prices Oil Price Dallas 150

Green Car Congress

DECEMBER 30, 2015

OPEC says that $10 trillion worth of investment will need to flow into oil and gas through 2040 in order to meet the world’s energy needs. 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.

Oil Prices 150

Oil Prices Oil Price Climate Change 150

Green Car Congress

JULY 23, 2012

CNOOC Limited—China’s largest producer of offshore crude oil and natural gas and one of the largest independent oil and gas exploration and production companies in the world—is acquiring all of the Common Shares of Canada-based energy company Nexen Inc. The price represents a premium of. billion cash.

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Oil-Sands Oil Canada Gas 325

Green Car Congress

APRIL 15, 2017

shale has thrown in another unknown in the mix of factors driving the price of oil. This year, shale output forecasts combine with OPEC’s production cuts, geopolitical factors, and unexpected outages to further complicate supply/demand and oil price forecasts by Wall Street’s major investment banks. shale output.

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Oil Supplies Oil Prices 2017 150

Green Car Congress

SEPTEMBER 25, 2011

UK-based market analyst visiongain projects that global spending in 2011 on advanced oil & gas exploration technologies will total $10.17 visiongain’s Advanced Oil & Gas Exploration Technologies Market 2011-2021 report analyses the development of this market over the next ten years.

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2011 Oil Global Gas 199

Green Car Congress

FEBRUARY 5, 2013

The record increase in US crude oil production during 2012 and the significant decline in coal use for domestic electricity generation were reflected in the movement of those two commodities by rail last year, according to the US Energy Information Administration (EIA). Change in number of railcar loads 2011-2012.

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Coal Oil Production 2012 210

Green Car Congress

DECEMBER 8, 2014

Investment into emerging oil and gas E&P (exploration and production) technologies, which were nearly non-existent in 2003, at just $57 million, have attracted nearly $7 billion in private investment from 497 unique transactions, according to a new report from Lux Research, “ Investing in Next Generation Oil and Gas Technologies ”.

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Oil Oil-Sands 2003 Gas 210

Green Car Congress

SEPTEMBER 2, 2015

If You’re a Free Range Oil Producer. Despite low oil prices, Saudi Arabia is maintaining its investment in its oil industry. as the drop in oil prices over the last year has put a strain on the nation’s finances.". James Crandell, a Cowen & Co. percent to $38.1 James Crandell, a Cowen & Co. percent to $38.1

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The Truth About Cars

MAY 22, 2024

Gasoline will be moved around 100,000-barrel batches and has been “timed and structured to maximize its impact on gasoline prices, helping to lower prices at the pump as Americans hit the road this summer.” “The It has likewise claimed to be combating oil companies on behalf of the environment.

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Gasoline Gas Saudi Arabia Oil 89

Green Car Congress

DECEMBER 17, 2010

The Annual Energy Outlook 2011 (AEO2011) Reference case released yesterday by the US Energy Information Administration (EIA) more than doubles the technically recoverable US shale gas resources assumed in AEO2010 and added new shale oil resources. US crude oil production increases from 5.4 Source: EIA. Click to enlarge.

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Gas 2011 Price Energy 199

Green Car Congress

MARCH 20, 2012

The divergence of West Texas Intermediate (WTI) and Brent crude oil prices in 2011 affected refinery utilization in the United States, particularly in the East Coast (PADD 1) and Midwest (PADD 2) regions, according to a report from the US Energy Information Administration (EIA). Source: EIA. Click to enlarge. PADDs 4 and 5.

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2011 Oil Texas Oil Prices 199

Green Car Congress

SEPTEMBER 5, 2011

In a newly released report, market analyst Visiongain has calculated the Arctic oil and gas exploration and production market to be worth $11.93 billion in 2011, and is anticipating growth over the next ten years.

Oil 199

Oil Market Gas Production 199

Green Car Congress

NOVEMBER 13, 2013

China is about to become the largest oil-importing country and India becomes the largest importer of coal by the early 2020s. The Middle East becomes the world’s second-largest gas consumer by 2020 and third-largest oil consumer by 2030, redefining its role in global energy markets. Oil use grows, but in a narrowing set of markets.

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Oil 2013 Energy Emissions 275

Green Car Congress

OCTOBER 29, 2015

OPEC altered the course of the oil markets last year when it decided to cast aside its traditional role of maintaining balance through production cuts. Instead it pursued a strategy of fighting for market share, contributing to an immediate rout in oil prices.

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Saudi Arabia Price Oil Prices Iraq 150

Green Car Congress

JUNE 5, 2011

Canadian oil sands & conventional production. Oil sands growth will drive Canadian crude oil production to about 4.7 This is about 401,000 b/d higher than previously forecast, due primarily to the higher conventional production and. The forecast sees oil sands production rising from 1.5

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Oil-Sands 2010 Oil 2016 199

Green Car Congress

SEPTEMBER 27, 2014

Statoil will postpone the previously planned Corner field development at the Kai Kos Dehseh (KKD) oil sands project in Alberta, Canada, for a minimum of three years, due in part to rising labor and materials costs and market access issues including limited pipeline access. —Statoil Canada country manager Ståle Tungesvik.

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Oil-Sands Oil Canada 2011 225

Green Car Congress

JUNE 13, 2012

in 2011, close to the historical average. Oil remains the world’s leading fuel, but its 33.1% in 2011, broadly in line with the historical average but well below the 5.1% The fossil fuel mix continues to change with oil, the world’s leading fuel at 33.1% World primary energy consumption grew by 2.5% Source: BP.

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Coal Oil Renewable Saudi Arabia 261

Green Car Congress

FEBRUARY 18, 2012

in January 2012 compared with January 2011 to just over 18 million barrels per day, according to figures from the American Petroleum Institute (API). Supplies for refined products remained ample, with gasoline production of 8.9 Imports of crude oil and refined products fell in January by 14% to average 10.1

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Oil North Dakota 2011 Gasoline 210

Green Car Congress

JULY 20, 2012

CO 2 per capita emissions from fossil fuel use and cement production from the top 5 emitting regions. At 3%, the 2011 increase in global CO 2 emissions is above the past decade’s average annual increase of 2.7%. combined, where emissions increased by 9% and 6% respectively in 2011. Click to enlarge. the United States (16%).

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2011 Emissions CO2 Global 236

Green Car Congress

OCTOBER 1, 2012

The cost associated with replacing a barrel of produced oil has risen from $6 per barrel in 1998 to $27 per barrel in 2011, according to Lux Research—an increase of 350%. Unconventional oil will be a key area of focus for producers. will be in the oil sands. Cost to replace each barrel of oil produced.

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Oil Oil-Sands Cost Of Oil Prices 225

Green Car Congress

FEBRUARY 5, 2013

Neste Oil succeeded in achieving its target of increasing its use of waste and residue raw materials for refining into NExBTL renewable fuels by more than 400,000 tons in 2012: a total of 742,000 tons of these raw materials were used compared to 330,000 tons in 2011. Neste Oil used a total of 2.1

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Waste Oil Renewable Fuel 210

Green Car Congress

NOVEMBER 13, 2011

Change in primary oil demand by sector and region in the central New Policies Scenario, 2010-2035. Under the WEO 2011 central scenario, oil demand rises from 87 million barrels per day (mb/d) in 2010 to 99 mb/d in 2035, with all the net growth coming from the transport sector in emerging economies. —WEO 2011.

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Oil Transportation Cheap Fleet 247

Green Car Congress

MAY 24, 2012

gigatonnes (Gt) in 2011, according to preliminary estimates from the International Energy Agency (IEA). Coal accounted for 45% of total energy-related CO 2 emissions in 2011, followed by oil (35%) and natural gas (20%). Gt above 2011 levels. Gt above 2011 levels. In 2011, a 6.1% Gt on 2010, or 3.2%.

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2011 Emissions Global CO2 230

Green Car Congress

JUNE 23, 2011

Chevron’s focus on optimizing the thermal management of the Kern River field has resulted in a steady drop in the steam:oil ratio (barrels steam water per barrel oil), resulting in improved economics of the field even with slowly declining production. Data: California DOGGR. Click to enlarge. Source: Chevron. Click to enlarge.

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Chevron Oil Oil-Sands Production 244

Green Car Congress

JUNE 2, 2011

Half of Americans who own a vehicle (51%) say they have cut back on products and/or services in order to pay the increased price of gasoline, according to a new Harris Poll of 2,184 adults surveyed online between May 9 and 16, 2011 by Harris Interactive. Those with lower household income are more impacted. Auto industry.

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Price Gas Production Gasoline 199

Green Car Congress

NOVEMBER 3, 2012

These waivers will not apply to a subset of newer products that could be damaged by the high sulfur fuel. Heating oil is a type of distillate fuel used mostly in the Northeastern US for space heating during the winter months. The new limit on sulfur content in heating oil sold in New York has several implications for the ULSD market.

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New Jersey New York Pennsylvania Oil 231

Green Car Congress

AUGUST 9, 2016

France-based Total is the first oil supermajor aggressively to enter new areas of business including solar plus storage and distributed generation, notes Lux Research in a new report : “Superpower Darwinism: What Big Oil Can and Cannot Do About Total’s Billion-Dollar Battery Move.”.

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Oil Solar Energy Storage Asia 150

Green Car Congress

FEBRUARY 2, 2015

The current plunge in oil prices will likely negatively affect plug-in and hybrid vehicle sales in the short term; automakers such as BMW are already warning of lower sales of plug-in vehicles given the market context. Anticipated price of oil and forecast plug-in sales. Lux on the price of oil.

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Plug-in Oil Cheap Plug 150

Green Car Congress

AUGUST 23, 2011

China’s apparent oil demand in July increased to 38.29 million barrels per day (b/d), as oil consumption appeared to have recovered after seasonal refinery maintenance, according to an analysis of recent Chinese government statistics by Platts. million mt of crude oil, or an average of 8.86 million b/d and 6.2% million mt.

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Oil China Chinese Maintenance 186

Green Car Congress

AUGUST 23, 2012

Increased activity in the Exploration and Production (E&P) sector will be the primary driver in pushing oil and gas capital expenditure (capex) to $1.039 trillion for 2012, according to the latest report by business intelligence firm GlobalData. GlobalData predicts Asia-Pacific to follow very closely with a capex of $253.1

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Oil 2012 Oil-Sands Gas 210

Green Car Congress

JANUARY 28, 2013

CCS infrastructure for six key CO 2 emission prices. The width of the pipeline network (green lines) is proportional to CO 2 flow; the largest CO 2 flow is approximately 36 MtCO 2 / yr for the $155/tCO 2 scenario (pipeline leaving the Athabasca oil sands area). Costs are in $US 2011. Sources are red and sinks are blue.

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Oil-Sands Oil Emissions Tax 225

Green Car Congress

OCTOBER 20, 2015

November 27, oil consuming countries will celebrate the first anniversary of the Saudi decision to let market forces determine prices. This decision set crude prices on a downward path. Subsequently, to defend market share, the Saudis increased production, which exacerbated market oversupply and further pressured prices.

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Russia Saudi Arabia Oil Market 150

Green Car Congress

MAY 12, 2011

Energy executives expect continued volatility in the price-per-barrel of oil for the remainder of the year, with 64% predicting crude prices to exceed $121 per barrel. Only 35% think current crude prices are near the high they expect for oil this year, predicting the peak will be between $111 and $120 per barrel.

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Oil Energy Wind 2011 225

Green Car Congress

APRIL 20, 2011

A team at Stanford University is proposing using solid oxide fuel cells as the basis for a method for electricity production from oil shale with in situ carbon capture (EPICC) as a means to provide transportation services from oil shale with greatly reduced CO 2 emissions. Liquids production EPICC. Heat source.

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Oil Carbon Emissions CO2 220

Green Car Congress

JUNE 20, 2012

However, the US military can play an important role in promoting stability in major oil producing regions and by helping protect the flow of energy through major transit corridors and on the high seas, the reports suggest. Earlier post.).

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Price Oil-Sands Turkey Fuel 225

Green Car Congress

SEPTEMBER 8, 2011

Total US exports of finished petroleum products have increased more than 60% since 2007 as markets have become more globally integrated, according to the US Energy Information Administration (EIA). This trend is driven primarily by finished motor gasoline and distillate fuel oil which are increasingly exported to Latin America.

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2007 Global Market Production 273

Green Car Congress

JANUARY 28, 2015

China’s apparent oil demand in December rose 5.3% China’s apparent oil demand in 2014 rose 3% from a year before to an average of 10.1 China’s apparent oil demand in 2014 rose 3% from a year before to an average of 10.1 Total oil product imports in 2014 tumbled 24.2% Fuel oil apparent demand in December jumped 30.5%

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