Green Car Congress

APRIL 15, 2017

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. Beyond 2017, the impact of a collapse in longer-cycle conventional investment over 2014-16 begins to be felt.

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Oil Supplies Oil Prices 2017 150

Green Car Congress

DECEMBER 16, 2013

Some other key findings of the AEO2014 Reference case include: Low natural gas prices boost natural gas-intensive industries. Industrial shipments are expected to grow at 3.0% Bulk chemicals and metals-based durables account for much of the increased growth in industrial shipments. Pipeline exports to Canada grow by 1.2%

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Oil Light Energy Vehicles 290

Green Car Congress

AUGUST 25, 2015

OPEC next gathers December 4 in Vienna, just over a year since Saudi Oil Minister Ali Al-Naimi announced at the previous OPEC winter meeting the Saudi decision to let the oil market determine oil prices rather than to continue Saudi Arabia's role of guarantor of $100+/bbl oil.

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Saudi Arabia Russia Oil 2015 150

Green Car Congress

NOVEMBER 13, 2011

The 450 Scenario works back from the international goal of limiting the long-term increase in the global mean temperature to two degrees Celsius (2 °C) above pre-industrial levels, in order to trace a plausible pathway to that goal. But the average oil price remains high, approaching $120/barrel (in year-2010 dollars) in 2035.

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Oil Transportation Cheap Fleet 247