2015, Canada and Oil Prices

S&P Global Commodity Insights raises 10-year production outlook for Canadian oil sands

Green Car Congress

MAY 26, 2023

The new forecast, produced by the S&P Global Commodity Insights Oil Sands Dialogue , expects Canadian oil sands production to reach 3.7 Higher oil prices have driven record returns for the Canadian oil sands. Optimizations now dominate the S&P Global Commodity Insights oil sands production growth outlook.

Oil-Sands

Oil-Sands Insight Oil Global

IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

Green Car Congress

FEBRUARY 3, 2015

IHS Automotive forecasts global automotive sales for 2015 to reach 88.6 For the APAC region in 2015, IHS forecasts that China’s economic growth will decelerate further, to 6.5% However, IHS Automotive analysts still expect light vehicle sales in China to grow by 7% in 2015 to 25.2 million, an increase of 2.4% North America.

2015

2015 Light Market Global

CAR: US light-duty vehicle sales to dip in 2019

Green Car Congress

FEBRUARY 12, 2019

US Light Vehicle Sales, 2015-2018, and CAR’s Forecast, 2019-2025. CAR projects sales to rebound to 16.8 million units by 2022 and continue an upward trend through 2025.

2019

2019 Light Sale Mexico

Supply Crunch Or Oil Glut: Investment Banks Can’t Agree

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. 2015 saw just six major upstream projects totaling [some] 0.6 shale output. million bpd. million bpd.

Oil

Oil Supplies Oil Prices 2017

Shell to halt 80K bpd Carmon Creek oil sands project

Green Car Congress

OCTOBER 28, 2015

Royal Dutch Shell plc will not continue construction of the 80,000 barrel per day Carmon Creek thermal in situ oil sands project located in Alberta, Canada. This is forcing tough choices at Shell. —Chief Executive Officer, Ben van Beurden.

Oil-Sands

Oil-Sands Oil Re-Charge Oil Prices

Opinion: Saudis Could Face An Open Revolt At Next OPEC Meeting

Green Car Congress

AUGUST 25, 2015

OPEC next gathers December 4 in Vienna, just over a year since Saudi Oil Minister Ali Al-Naimi announced at the previous OPEC winter meeting the Saudi decision to let the oil market determine oil prices rather than to continue Saudi Arabia's role of guarantor of $100+/bbl oil. percent in 1H 2015. percent.

Saudi Arabia

Saudi Arabia Russia Oil 2015

EIA projects world energy use to increase 53% by 2035; oil sands/bitumen and biofuels account for 70% of the increase in unconventional liquid fuels

Green Car Congress

SEPTEMBER 20, 2011

World oil prices remain high in the IEO2011 Reference case, but oil consumption continues to grow; both conventional and unconventional liquid supplies are used to meet rising demand. In the IEO2011 Reference case the price of light sweet crude oil (in real 2009 dollars) remains high, reaching $125 per barrel in 2035.

Oil-Sands

Oil-Sands Oil 2008 Oil Prices

Opinion: Can Argentina Capitalize On Its Vast Shale Reserves?

Green Car Congress

APRIL 1, 2015

The question today is just how much Argentina is willing to change and how this plays into a low oil price environment that is already negatively impacting investment elsewhere. Argentina’s shale fields are currently producing 41,000 barrels of oil equivalent per day from 320 wells. Oil prices are set at $77.50

Argentina

Argentina Oil Oil Prices Environment

Harvard Kennedy School researcher forecasts sharp increase in world oil production capacity and risk of price collapse

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.

Oil

Oil Oil-Sands Price Production

Deutsche Bank Forecast sees slower transportation electrification and greater gasoline demand near-term; increased confidence in the pace and breadth of long-term shift to efficient transportation systems

Green Car Congress

JANUARY 1, 2011

” Their analysis is in the context of the “ surprising [oil] demand strength of 2010 “; 2010 saw absolute incremental demand at around 2.2mb/d of growth—the second highest in 30 years, despite oil prices in the $90/bbl region. gallon gasoline.

Transportation

Transportation Gasoline Lithium Ion Gasoline-Electric

Opinion: Is Russia Plotting To Bring Down OPEC?

Green Car Congress

OCTOBER 6, 2015

Even a casual glance at the IMF’s World Economic Outlook statistics for Russia shows the tight correlation since 1992 between GDP growth on the one hand and oil and gas output, exports, and prices on the other (economic series available here ). in 2015 and 2016 respectively). in 2015 and 2016 respectively).

Russia

Russia Saudi Arabia Iran Iraq

EIA projects world liquid fuels use to rise 38% by 2040, driven by growth in Asia and Middle East; transportation 92% of demand

Green Car Congress

SEPTEMBER 10, 2014

The potential for growth in demand for liquid fuels is focused on the emerging economies of China, India, and the Middle East, while liquid fuels demand in the United States, Europe, and other regions with well-established oil markets seems to have peaked. Rising world oil prices attract investment in areas previously considered uneconomic.

Asia

Asia Transportation Oil-Sands Oil Prices

IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

Green Car Congress

NOVEMBER 13, 2011

Under the central New Policies Scenario, automotive sales in non-OECD markets exceed those in the OECD by 2020, with the center of gravity of car manufacturing shifting to non-OECD countries before 2015. Short-term pressures on oil markets are easing with the economic slowdown and the expected return of Libyan supply. Click to enlarge.

Oil

Oil Transportation Cheap Fleet

EV Driven

S&P Global Commodity Insights raises 10-year production outlook for Canadian oil sands

IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

CAR: US light-duty vehicle sales to dip in 2019

Supply Crunch Or Oil Glut: Investment Banks Can’t Agree

Shell to halt 80K bpd Carmon Creek oil sands project

Opinion: Saudis Could Face An Open Revolt At Next OPEC Meeting

EIA projects world energy use to increase 53% by 2035; oil sands/bitumen and biofuels account for 70% of the increase in unconventional liquid fuels

Opinion: Can Argentina Capitalize On Its Vast Shale Reserves?

Harvard Kennedy School researcher forecasts sharp increase in world oil production capacity and risk of price collapse

Deutsche Bank Forecast sees slower transportation electrification and greater gasoline demand near-term; increased confidence in the pace and breadth of long-term shift to efficient transportation systems

Opinion: Is Russia Plotting To Bring Down OPEC?

EIA projects world liquid fuels use to rise 38% by 2040, driven by growth in Asia and Middle East; transportation 92% of demand

IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

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