Green Car Congress

JUNE 23, 2016

The impact of rising oil prices on North American light tight oil (LTO) production is said to be a “Catch 22”, the title of Joseph Heller’s popular 1961 novel set in WWII. Too many analysts continue to believe drilling and service has the same problem with rising oil prices. by David Yager for Oilprice.com.

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Green Car Congress

MARCH 11, 2015

Predicting and diagnosing the trajectory of oil prices has become something of a cottage industry in the past year. But along with all of the excess crude flowing from the oil patch, there is also an abundance of market indicators that while important, tend to produce a lot of noise that makes any accurate estimate nearly impossible.

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Green Car Congress

DECEMBER 30, 2015

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.

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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.,

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Green Car Congress

NOVEMBER 4, 2021

Previous models have treated oil producers’ carbon footprint as if all barrels of oil are exactly the same, but with novel extraction technologies there is a great deal of variability in the global oil supply. It’s complex, and it’s not linear. Our model takes that into consideration. —Mohammad Masnadi.

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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%

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Green Car Congress

NOVEMBER 7, 2019

Going from nearly 2 million barrels per day annual growth in 2018, an all-time global record, to essentially no growth by 2021 makes it pretty clear that this is a new era of moderation for shale producers. The combination of closed capital markets and weak prices are pulling cash out of the system. —Raoul LeBlanc.

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Green Car Congress

DECEMBER 28, 2015

In its new Natural Gas Vehicles report, Navigant Research forecasts that global annual NGV sales—light-, medium- and heavy-duty—will grow 62.5% million vehicles in 2015 to 3.9 between 2015 and 2025. However, the collapse in global oil prices has eroded a significant portion of the natural gas cost advantage.

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Green Car Congress

SEPTEMBER 21, 2015

On September 10 th , the EIA reported a production decline in the Lower 48—essentially shale production—of 208,000 BOPD (barrels of oil per day). That is a staggeringly enormous number, approximately 10 percent of the estimated global over-supply. As of September 2015, that same stage is now down into the $30,000s.

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Green Car Congress

NOVEMBER 4, 2019

Energy efficiency has tremendous potential to boost economic growth and avoid greenhouse gas emissions, but the global rate of progress is slowing, according to a new report by the International Energy Agency. Global primary energy demand rose by 2.3% Global primary energy demand rose by 2.3% This was slower than the 1.7%

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Green Car Congress

AUGUST 7, 2015

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. told the WSJ. “

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Green Car Congress

DECEMBER 21, 2015

In a new report, Electric Vehicle Market Forecasts , Navigant research projects that under its base scenario, global sales of light duty electrified vehicles (i.e., million vehicle sales in 2015 to more than 6.0 vehicles that use electricity for traction, including hybrids, plug-in hybrids, and battery-electrics) will grow from 2.6

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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. In recent years, U.S.

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Green Car Congress

OCTOBER 29, 2015

We are a little more than a month away from OPEC’s next meeting, which will be held in Vienna on December 4, 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. Oil prices will rise over the next year or so as U.S.

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Green Car Congress

SEPTEMBER 10, 2014

Liquid fuels production (OPEC crude and lease condensate, non-OPEC crude and lease condensate, and other) and consumption (by OECD and non-OECD regions) under three price cases in 2040. per year, as the mature economies react to sustained high fuel prices. Dashed red line shows 2010 consumption of 87 MMbbl/d. Source: EIA.

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Green Car Congress

APRIL 8, 2015

In a new report, Navigant Research forecasts that total annual global light-duty start-stop vehicle (SSVs) sales will reach 59 million, accounting for 55% of all light duty vehicle sales. The other driver for SSV technology is consumer demand—present in Europe and some Asia Pacific countries for some time thanks to high fuel prices.

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Green Car Congress

JULY 5, 2016

According to a new forecast report from Navigant Research, global commercial alternative powertrain medium- and heavy-duty vehicle (MHDV) sales will grow from about 347,000 vehicles in 2016 to more than 820,000 in 2026, representing a CAGR of about 9%. Medium- and heavy-trucks represent 4.3% of vehicles in the US, drive 9.3%

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Green Car Congress

JULY 28, 2015

The undisputed king of oil and gas is making some moves that could change the face of the global refining sector. In June 2015, Saudi Arabia pumped a record 10.564 million barrels a day, a record level. The gross refining margin is nothing but the difference between the value of the refined products and price of the crude oil.

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Green Car Congress

FEBRUARY 17, 2012

Pike Research forecasts that the global market for biofuels will more than double over the coming decade, increasing from $82.7 BGPY in 2011) would represent just 7% of the estimated global transportation fuels market in 2021. Ultimately, widespread commercialization will depend on whether these ventures can reach price.

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Green Car Congress

APRIL 27, 2017

Global oil discoveries fell to a record low in 2016 as companies continued to cut spending and conventional oil projects sanctioned were at the lowest level in more than 70 years, according to the International Energy Agency, which warned that both trends could continue this year. Oil discoveries declined to 2.4

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Green Car Congress

SEPTEMBER 18, 2015

Despite brash statements by US producers and misleading analysis by Raymond James, low oil prices are killing tight oil companies. Reports this week from IEA and EIA paint a bleak picture for oil prices as the world production surplus continues. the latest price rout could stop US growth in its tracks.”.

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Green Car Congress

JULY 22, 2015

With the recently concluded nuclear deal between Iran and the P5+1 countries, oil prices have already started heading downward on sentiments that Iran’s crude oil supply would further contribute to the already rising global supply glut. oil sector is likely to witness a lot more layoffs than we have seen so far?

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Green Car Congress

NOVEMBER 23, 2017

In January 2015 Sasol announced it was delaying a final investment decision on the proposed project near Lake Charles, Louisiana to conserve cash in response to lower oil prices. Sasol has also decided not to invest in any additional crude oil refining capacity. —Stephen Cornell.

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Green Car Congress

FEBRUARY 25, 2016

This would be almost 90 times the equivalent figure for 2015, when EV sales are estimated to have been 462,000, some 60% up on 2014. The research estimates that the growth of EVs will mean they represent a quarter of the cars on the road by that date, displacing 13 million barrels per day of crude oil but using 1,900 TWh of electricity.

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The Truth About Cars

AUGUST 8, 2023

With average fuel prices creeping back up, you’ve undoubtedly seen a slew of articles trying to explain why. & Over the past week, countless media outlets published stories about how oil refineries have had to scale back production targets to contend with exceedingly high temperatures. per gallon.

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Green Car Congress

DECEMBER 23, 2016

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 million barrels per day in the second quarter of 2015, the industry did not break even. If we stay (at $55 a barrel), the world’s biggest oil companies start to make money again.

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Green Car Congress

MARCH 8, 2017

OPEC’s coordinated effort to curtail global supply has so far managed to put a floor under oil prices, which have been sitting modestly above US$50 since the deal was announced at the end of November last year. Analysts and experts are now mostly predicting that oil prices will remain below US$60 this year.

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Green Car Congress

JUNE 1, 2016

Total global oil production could decline for the next several years in a row as scarce new sources of supply come online. According to data from Rystad Energy, overall global oil output will fall this year as natural depletion overwhelms all new sources of supply. The price acts as a self-correcting mechanism.

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Green Car Congress

FEBRUARY 12, 2019

US Light Vehicle Sales, 2015-2018, and CAR’s Forecast, 2019-2025. Solid new housing starts and home prices rebounding to pre-recession levels. CAR projects sales to rebound to 16.8 million units by 2022 and continue an upward trend through 2025. Potential impact of trade negotiations with China, Japan, EU, and UK.

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Green Car Congress

APRIL 10, 2015

Simply put, the world has too much oil at the moment which has resulted in the reduction of price levels from approximately $100 to $50 a barrel, and OPEC (as well as US shale producers) has a major role to play in this supply glut. Nigeria is Africa''s largest oil producer and among the top 5 global exporters of LNG.

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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.

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Green Car Congress

MAY 13, 2015

The resulting crash in oil prices is forcing some production out of the market, and Saudi Arabia intends for the brunt of that to be borne by others. There is a lag between movements in the oil price and corresponding changes in production. But the effects of the oil price crash are now being felt.

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Green Car Congress

OCTOBER 13, 2011

Pike forecasts that the global market for biofuels will increase from $82.7 between 2017 and 2021, as a combination of higher oil prices, emerging mandate. Pike projects that the Americas will account for 71% of global biofuels production. billion in 2011 to $185.3 billion by 2021. A more robust growth is expected.

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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.". In a CNN article quoting SIPRI for 2014, the author's guesses for 2015 (6.25

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Green Car Congress

NOVEMBER 12, 2012

The global energy map is changing significantly, according to the 2012 edition of the Internal Energy Agency’s (IEA) World Energy Outlook ( WEO-2012 ). The IEA said these changes will recast expectations about the role of different countries, regions and fuels in the global energy system over the coming decades.

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Green Car Congress

AUGUST 13, 2015

In the last quarter of 2014, in the face of possible oversupply, Saudi Arabia abandoned its traditional role as the global oil market’s swing producer and therefore it role as unofficial guarantor of existing ($100+ per barrel) prices. Prices rebounded to $60 for a few months, before falling once again below $50.

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Green Car Congress

APRIL 10, 2009

A new study by the French institute Enerdata, commissioned by the European Federation for Transport & Environment (T&E), suggests that the European CO 2 standards for new vehicles due to come into effect in 2012 will lead not only to a European savings on oil (mainly via lower oil import volumes) but also to slightly lower global oil prices.

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