Cars That Think

AUGUST 29, 2022

Russia ranks second in the extraction of both crude oil (behind the United States and ahead of Saudi Arabia) and natural gas (behind the United States and ahead of Iran), and it is the sixth-largest producer of coal (behind Australia and ahead of South Africa). Here are the basic facts. share in 2020, by contrast, was about 9 percent.

Ukraine 81

Ukraine Russia Saudi Arabia Fuel 81

Green Car Congress

JUNE 27, 2012

Only four of the current major oil producing countries (more than 1 mbpd of production capacity) face a net reduction of their production capacity by 2020: Norway, the United Kingdom, Mexico, and Iran. In Iran and Mexico, the loss of production is primarily due to political factors.

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Oil Oil-Sands Price Production 261

Green Car Congress

AUGUST 25, 2015

CME Brent oil futures project continuity: as of August 18, 2015, CME Brent futures projected the price remaining below $60/bbl until June 2017. For Iran, the only other OPEC country for which the IEA provides domestic demand data, the increase in exports, 0.7 percent in 1H 2015. billion vs. $1.6 billion) and $1 billion ($2.5

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Saudi Arabia Russia Oil 2015 150

Green Car Congress

OCTOBER 25, 2015

Moody’s Investors Service sees the contraction as too little to make a significant dent in the global supply gut. Moody’s sees global oil production rising by 1 million barrels per day in both 2015 and 2016. The ratings agency cut its forecasted oil price for 2016 to just $48 per barrel. rig count has declined by more than half, U.S.

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Saudi Arabia Oil Prices Oil Russia 150

Green Car Congress

MARCH 24, 2016

million barrels per day (mb/d) in April 2015. Moreover, supply outages in places like Iraq and Nigeria have also knocked at least a quarter of a million barrels per day offline, an unexpected disruption that put upward pressure on prices in March. Iran also continues to add production, albeit at a slower-than-expected rate.

Oil Prices 150

Oil Prices Oil Price North Dakota 150

Green Car Congress

DECEMBER 10, 2014

Even as demand increases, the world will continue to become more efficient in its energy use, according to the 2015 Outlook for Energy: A View to 2040. The Outlook for Energy provides ExxonMobil’s long-term view of global energy demand and supply. Outlook for Energy. The OECD represents the developed economies.

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Energy Global 2010 Oil-Sands 252

Green Car Congress

NOVEMBER 6, 2015

Then again, there is a question about whether or not shale can really be a major source of supply over the long-term. By the 2020s, the IEA says, the world will once again be dependent on traditional sources of supply—largely from the Middle East. Oilprice article for Green Car Congress: Day Of Reckoning For U.S.

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Oil Oil-Sands Saudi Arabia Oil Prices 150

Green Car Congress

SEPTEMBER 18, 2015

EIA said that US production will fall by 1 million barrels per day over the next year and that, “expected crude oil production declines from May 2015 through mid-2016 are largely attributable to unattractive economic returns.”. Global Supply and Demand Fundamentals Continue to Worsen. percent in August 2015. Click to enlarge.

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Oil Oil-Sands Oil Prices 2015 150

Green Car Congress

JULY 28, 2018

China’s central bank has also taken the opportunity to loosen its grip over the yuan, which will save it from having to blow huge sums of reserves to keep the currency fixed, as it did during the summer of 2015. The oil supply outages in Venezuela, Libya and Iran could yet drive oil prices much higher. Of course, the U.S.

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Oil Prices Oil Price South Africa 170