Green Car Congress
MAY 30, 2018
Although the gasoline prices were available for each day throughout this period, the crude-oil prices were not available for weekends, holidays, and selected other days. Therefore, the analysis included only those days for which both prices were available—a total of 2,518 days. for a 10-day lag.
Green Car Congress
AUGUST 25, 2017
Two diametrically opposed views dominate the current debate about where the oil price is heading. The first is that at present EVs do not yet outperform ICEVs comprehensively. Of course, a number of things could happen that would prevent such an oil supply crunch, and thus an oil price spike. Since (non-U.S.
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.
Green Car Congress
FEBRUARY 23, 2017
The report estimates consumption to have been more than 500,000 barrels per day (b/d) in 2016. Methanol is a clean-burning, high-octane fuel component, as the oxygen present in methanol aids in more complete fuel combustion. Consumption of MTBE and other derivatives in China was estimated at 230,000 b/d in 2016.
Green Car Congress
DECEMBER 23, 2016
Oil prices are probably already high enough to spark a rebound in shale production. The IEA says that in the third quarter of 2016, the US shale industry became cash flow neutral for the first time ever. Even when US oil production hit a peak at 9.7 by Nick Cunningham of Oilprice.com. That isn’t a typo.
Green Car Congress
MAY 17, 2012
On 6-7 June, Zeus will host an LNG-Fueled Marine Advancements meeting to present the survey, review trends and tour a new LNG-turbine propulsion system by GE. High oil prices, impending emissions regulations and technical advancements are propelling the market faster than we expected. What surprised us is the rate.
Green Car Congress
APRIL 6, 2017
On a global level, 2015 and 2016 marked the lowest level of new conventional oil discoveries since 1952. In 2016, only 3.7 billion barrels of conventional oil were discovered, roughly 45 days of global crude consumption or 0.2 Globally, exploratory drilling fell by almost 20 percent in 2015 and fell even further in 2016.
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