2017, Oil Prices, Renewable and Supplies

Today’s Stunted Oil Prices Could Cause Oil Price Shock In 2020

Green Car Congress

MAY 24, 2017

As oil prices remain unsteady and OPEC continues to make headlines every hour, the world is focused on oil’s immediate future. In a speech made at the Association of International Petroleum Negotiators’ 2017 International Petroleum Summit, Johnston laid out his concerns for the future of oil.

Oil Prices

Oil Prices Oil Saudi Arabia Price

Opinion: The Current Oil Price Rally Is Reaching Its Limits

Green Car Congress

MARCH 24, 2016

Oil prices have climbed by about 50 percent from their February lows, topping $40 per barrel. But the rally could be reaching its limits, at least temporarily, as persistent oversupply and the prospect of new shale production caps any potential price increase. That has sparked a renewed sense of optimism among oil traders.

Oil Prices

Oil Prices Oil Price North Dakota

RedRock Biofuels to supply 3M gallons/year of renewable jet fuel to FedEx through 2024

Green Car Congress

JULY 21, 2015

Red Rock Biofuels LLC will produce approximately three million gallons of low-carbon, renewable jet fuel per year for FedEx Express, a subsidiary of FedEx Corporation. The agreement runs through 2024, with first delivery expected in 2017. Earlier post.).

Renewable

Renewable Supplies Fuel Oil Prices

Eni report: global oil reserves and oil production up in 2018 due to US

Green Car Congress

JULY 30, 2019

Eni has released the 18 th edition of the World Oil, Gas and Renewables Review , the annual statistics report on oil, natural gas and renewables sources. The second volume, the World Gas and Renewables Review , focused on natural gas and renewables sources (solar, wind and biofuels), will be published in autumn.

Saudi Arabia

Saudi Arabia Oil 2018 Global

EIA AEO2015 projects elimination of net US energy imports in 2020-2030 timeframe; transportation energy consumption drops

Green Car Congress

APRIL 14, 2015

AEO2015 presents updated projections for US energy markets through 2040 based on six cases (Reference, Low and High Economic Growth, Low and High Oil Price, and High Oil and Gas Resource) that reflect updated scenarios for future crude oil prices. trillion cubic feet (Tcf) in the Low Oil Price case to 13.1

2020

2020 Energy Transportation Oil Prices

Global Bioenergies reports first production of green isobutene at demo plant

Green Car Congress

DECEMBER 15, 2016

Global Bioenergies is now entering the final phase of demonstrating its technology for converting renewable carbon into hydrocarbons. The demo plant will be ramped up in the first half of 2017, with the goal of reaching performances close to commercial levels by the end of the year. Earlier post.).

Global

Global Green Production Convert

EIA Energy Outlook 2013 reference case sees drop in fossil fuel consumption as use of petroleum-based liquid fuels falls; projects 20% higher sales of hybrids and PHEVs than AEO2012

Green Car Congress

DECEMBER 5, 2012

quadrillion Btu in 2025, due to incorporation of the model year 2017 to 2025 GHG and CAFE standards for LDVs. Renewable fuel use grows at a much faster rate than fossil fuel use. The share of electricity generation from renewables grows to 16% in 2040 from 13% in 2011. quadrillion Btu in 2011 to 14.0 than in AEO2012.

Fuel

Fuel Energy Sale 2013

EIA: light duty vehicle energy consumption to drop 25% by 2040; increased oil production, vehicle efficiency reduce US oil and liquid imports

Green Car Congress

DECEMBER 16, 2013

Industrial shipments of bulk chemicals, which benefit from an increased supply of natural gas liquids, grow by 3.4% In some areas, natural gas-fired generation replaces power formerly supplied by coal and nuclear plants. T he Brent crude oil spot price declines from $112 per barrel (bbl) (in 2012 dollars) in 2012 to $92/bbl in 2017.

Oil

Oil Light Energy Vehicles

IEA WEO-2012 finds major shift in global energy balance but not onto a more sustainable path; identifies potential for transformative shift in global energy efficiency

Green Car Congress

NOVEMBER 12, 2012

barely rises in OECD countries, although there is a pronounced shift away from oil, coal (and, in some countries, nuclear) towards natural gas and renewables. by subsidies that amounted to $523 billion in 2011, up almost 30% on 2010 and six times more than subsidies to renewables. Renewables. Energy demand.

Global

Global 2012 Energy Oil

MIT/RAND Study Concludes Three Types of Alternative Jet Fuel May Be Available in Commercial Quantities Over the Next Decade

Green Car Congress

OCTOBER 25, 2009

The five different fuel groups were those derived: from conventional petroleum; from unconventional petroleum; synthetically from natural gas, coal, or combinations of coal and biomass via the FT process; renewable oils; and alcohols. million bpd. Alcohols, biodiesel and biokerosene offer no benefit for aviation.

MIT

MIT Oil-Sands Commercial Available

Study projects emission impacts of inexpensive, efficient EVs: 36% further reduction in LDV GHG by 2050, or 9% economy-wide

Green Car Congress

JUNE 7, 2017

It uses linear programming to estimate energy supply shifts over a multi-decadal timeframe, finding the least-cost means to supply specified demands for energy services subject to user-defined constraints, assuming a fully competitive market. —Keshavarzmohammadian et al. Azadeh Keshavarzmohammadian, Daven K. Henze, and Jana B.

Emissions

Emissions Economy Gasoline-Electric Coal

United Airlines invests $30M in Fulcrum BioEnergy; renewable jet fuel offtake agreement, potential joint development of production

Green Car Congress

JUNE 30, 2015

United has also negotiated a long-term supply agreement with Fulcrum and, subject to availability, will have the opportunity to purchase at least 90 million gallons of sustainable aviation fuel a year for a minimum of 10 years at a cost that is competitive with conventional jet fuel.

Renewable

Renewable Fuel Alternative Fuels Los Angeles

IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

Green Car Congress

NOVEMBER 13, 2011

Renewables increase from 13% of the mix today to 18% in 2035; the growth in renewables is underpinned by subsidies that rise from $64 billion in 2010 to $250 billion in 2035, support that in some cases cannot be taken for granted in an age of increasing fiscal austerity. Oil and the Transport Sector: Reconfirming the End of Cheap Oil.

Oil

Oil Transportation Cheap Fleet

EV Driven

Today’s Stunted Oil Prices Could Cause Oil Price Shock In 2020

Opinion: The Current Oil Price Rally Is Reaching Its Limits

RedRock Biofuels to supply 3M gallons/year of renewable jet fuel to FedEx through 2024

Eni report: global oil reserves and oil production up in 2018 due to US

EIA AEO2015 projects elimination of net US energy imports in 2020-2030 timeframe; transportation energy consumption drops

Global Bioenergies reports first production of green isobutene at demo plant

EIA Energy Outlook 2013 reference case sees drop in fossil fuel consumption as use of petroleum-based liquid fuels falls; projects 20% higher sales of hybrids and PHEVs than AEO2012

EIA: light duty vehicle energy consumption to drop 25% by 2040; increased oil production, vehicle efficiency reduce US oil and liquid imports

IEA WEO-2012 finds major shift in global energy balance but not onto a more sustainable path; identifies potential for transformative shift in global energy efficiency

MIT/RAND Study Concludes Three Types of Alternative Jet Fuel May Be Available in Commercial Quantities Over the Next Decade

Study projects emission impacts of inexpensive, efficient EVs: 36% further reduction in LDV GHG by 2050, or 9% economy-wide

United Airlines invests $30M in Fulcrum BioEnergy; renewable jet fuel offtake agreement, potential joint development of production

IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

Stay Connected