Green Car Congress
MARCH 13, 2016
Argentina offers one of the few places on earth where oil companies are not suffering from the full force of the collapse in prices. Argentina regulates oil prices, a policy originally intended to insulate the public from the whims of the market, protecting people from triple-digit crude prices.
Green Car Congress
SEPTEMBER 13, 2017
As recently as 2015, Saudi energy officials dismissed suggestions that the kingdom would seek to raise its crude oil production capacity above its theoretical maximum of 12.5 Overcapacity could also undercut oil prices and encourage a long-term equilibrium of lower prices based on higher market exposure to low Saudi production costs.
Green Car Congress
OCTOBER 27, 2010
Both regions will benefit from rapidly expanding biofuels markets, ample land and water resources, and cheap labor, Pike suggests. Countries with significant dependence on foreign imports of oil will likely show increased interest in algae-based biofuels if oil prices continue to rise over the next decade.
Green Car Congress
DECEMBER 14, 2016
The collapse of oil prices has forced the US shale industry to slash production costs. Even if production is to continue to rise, it will require steadily higher crude oil prices. We are producing cheap oil today, leaving costly oil for tomorrow. by James Stafford of Oilprice.com.
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