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Forecast: Global Natural Gas Vehicle Fleet to Reach 17 Million by 2015

Green Car Congress

A new report from Pike Research forecasts that the global natural gas vehicle (NGV) sector is poised for a new period of growth. The cleantech market intelligence firm forecasts that the number of NGVs on the road worldwide will grow to 17 million vehicles by 2015, up from 9.7 between 2008 and 2015 (compared to 2.7%

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Forecast: 17M Natural Gas Vehicles Worldwide by 2015

Green Car Congress

Cleantech research firm Pike Research forecasts growth in natural gas vehicles (NGV) on the road worldwide to 17 million units by 2015, up from 9.7 to reach just over 3 million vehicles (including conversions) by 2015. The top five markets for NGVs are currently Pakistan, Argentina, Brazil, Iran, and India. Availability.

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NASA’s New Earth Space Mission maps methane ‘super-emitters’

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But EMIT has demonstrated another capability: detecting the presence of methane, a potent greenhouse gas. Methane is a potent greenhouse gas that is much more effective at trapping heat in the atmosphere than carbon dioxide. The team also identified a methane plume south of Tehran, Iran, at least 3 miles (4.8

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

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World oil production capacity to 2020 (crude oil and NGLs, excluding biofuels). 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 Source: Maugeri 2012.

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Opinion: How Much Longer Can OPEC Hold Out?

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With its headquarters in Vienna, Austria, one of the mandates of 12-member OPEC is to “ensure the stabilization of oil markets in order to secure an efficient, economic and regular supply of petroleum to consumers, a steady income to producers, and a fair return on capital for those investing in the petroleum industry.” Venezuela’s Woes.

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Opinion: Is Russia Plotting To Bring Down OPEC?

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Putin has highlighted on various occasions the contribution Russia’s mineral wealth, in particular oil and natural gas, must make for Russia to be able to sustain economic growth, promote industrial development, catch up with the developed economies, and modernize Russia’s military and military industry. percent of GDP in 2014.

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Opinion: Global Oil Supply More Fragile Than You Think

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Many oil companies had trimmed their budgets heading into 2015 to deal with lower oil prices. But the collapse of prices in July—owing to the Iran nuclear deal, an ongoing production surplus, and economic and financial concerns in Greece and China—have darkened the mood. by Nick Cunningham of Oilprice.com.

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