Green Car Congress

DECEMBER 11, 2014

The demand for oil in 2015 will drop to its lowest level since 2002 because of an oversupply of crude and stagnant economies in China and Europe, according to OPEC’s latest forecast. The exceptions, the news agency reports, are Kuwait and Qatar. by Andy Tully of Oilprice.com. And that’s just one of several sour estimates.

Oil Prices 199

Oil Prices Oil 2015 Price 199

Green Car Congress

APRIL 11, 2019

The study, based on data from 2010 to 2015, estimates that 64% of these new cases of asthma occur in urban areas. Findings from the study: An estimated 4 million children developed asthma each year from 2010 to 2015 due to exposure to NO 2 pollution, which primarily comes motor vehicle exhaust.

Pollution 360

Pollution United Arab Emirates South Korea Las Vegas 360

Green Car Congress

APRIL 10, 2015

The EIA even predicts that OPEC’s net oil exports (excluding Iran) could fall to as low as $380 billion in 2015. The Saudis, along with Kuwait and UAE have been defending the decision of not reducing the OPEC production levels in order to retain their global market share.

Saudi Arabia 150

Saudi Arabia Venezuela Iran Nigeria 150

Green Car Congress

SEPTEMBER 2, 2015

Together, the three quotes provide a framework for analyzing Saudi options heading into the December 4 OPEC meeting in Vienna and its choices vis-à-vis the OPEC outsiders (all members but Saudi Arabia and its Gulf Arab allies, Kuwait, UAE, Qatar): reconciliation, separation, or divorce. percent of the 2015 budget and 85.89

Oil 150

Oil Saudi Arabia UAE 2015 150

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. Interestingly, also, the Saudis increased their share of OPEC average daily output in the first half of 2015 over 2014 average daily volume—and their share of average daily global output.

Saudi Arabia 150

Saudi Arabia Russia Oil 2015 150

Green Car Congress

OCTOBER 6, 2015

According to the IMF’s 2015 Article IV Consultation-Press Release and Staff Report , published August 3, oil and natural gas exports constituted 65 percent of exports, 52 percent of the Federal government budget, and 14.5 in 2015 and 2016 respectively). in 2015 and 2016 respectively). percent of GDP in 2014.

Russia 150

Russia Saudi Arabia Iran Iraq 150

Green Car Congress

AUGUST 13, 2015

In December 2014, the Saudi government approved spending $229 billion in 2015, resulting in an estimated deficit of $39 billion, or some 5 percent of GDP. As mid-year 2015 approached, the IMF estimated the budget deficit would equal approximately 20 percent of Saudi GDP. percent in 2015, and then just 2.7 percent in 2014 to 3.3

Saudi Arabia 150

Saudi Arabia Oil Iraq Iran 150