Green Car Congress
MAY 18, 2017
shale in particular—is effectively capping the oil price gains from that agreement. Four months after the OPEC/NOPEC deal took effect, oil prices dropped to the levels preceding the agreement, amid concerns over still stubbornly high inventories and rising U.S.
Green Car Congress
APRIL 15, 2017
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. Beyond 2017, the impact of a collapse in longer-cycle conventional investment over 2014-16 begins to be felt.
Green Car Congress
OCTOBER 6, 2017
Transcanada began the application process in 2013, when oil prices were substantially higher. TransCanada stopped capitalizing AFUDC on the project effective August 23, 2017, as disclosed on September 7, 2017. The company has also faced unrelenting environmental opposition to the projects.
Green Car Congress
JULY 30, 2019
Asia Pacific’s oil dependence continues to grow, ranking first in terms of deficit. Global oil demand grew by 1.4%, slightly lower than in 2017 (+1.6%) in a context of increasing oil prices. recorded in 2013-2017. The growth is slightly under the five-year average of 1.7%
Green Car Congress
APRIL 14, 2015
AEO2015 presents updated projections for US energy markets through 2040 based on six cases (Reference, Low and High Economic Growth, Low and High Oil Price, and High Oil and Gas Resource) that reflect updated scenarios for future crude oil prices. trillion cubic feet (Tcf) in the Low Oil Price case to 13.1
Green Car Congress
DECEMBER 5, 2012
The US Energy Information Administration released its Annual Energy Outlook 2013 (AEO2013) Reference case (the Early Release ), which highlights a growth in total US energy production that exceeds growth in total US energy consumption through 2040. Biofuels grow at a slower rate due to lower crude oil prices and. mpg in 2025.
Green Car Congress
MARCH 3, 2017
The oil majors reported poor earnings for the fourth quarter of last year, but many oil executives struck an optimistic tone about the road ahead. The collapse of oil prices forced the majors to slash spending on exploration, cut employees, defer projects, and look for efficiencies. But that is just for shale drilling.
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