Green Car Congress

OCTOBER 7, 2021

The US Energy Information Administration (EIA) projects that, absent significant changes in policy or technology, world energy consumption will grow by nearly 50% between 2020 and 2050. Oil and natural gas production will continue to grow, mainly to support increasing energy consumption in developing Asian economies.

Global 259

Global Energy Emissions Asia 259

Green Car Congress

DECEMBER 8, 2020

The data speaks to a major problem for the petroleum industry and oil prices as it recovers from unprecedented demand declines for most of 2020. A persistent rebound in global oil markets requires profitability in transportation products. and 1.1%, respectively. But that won’t happen until demand recovers.

Gasoline 321

Gasoline 2020 Wyoming New Jersey 321

Green Car Congress

SEPTEMBER 13, 2020

Roskill expects demand for molybdenum to drop by more than 8% in 2020. The price of molybdenum oxide reached a peak of US$12.5/lb By December, the molybdenum oxide price stood at US$9.5/lb In the first half of 2020, the Brent crude oil price crashed from US$67.3/bbl bbl in April 2020. decline in 2019.

2020 186

2020 2019 2018 Oil 186

Green Car Congress

AUGUST 25, 2017

Two diametrically opposed views dominate the current debate about where the oil price is heading. That leaves the period until the end of the 2020s, during which we believe overall oil demand will continue to grow (albeit slower than before). Why an oil price spike would be bad for the industry.

Oil Prices 170

Oil Prices Oil Industrial Industry 170

Green Car Congress

AUGUST 7, 2020

Oil markets have returned to relatively stable ground with Brent prices within a narrow $40-$45 per barrel range and could conclusively pass the $50 per barrel mark in the second half of 2021, according to Roger Diwan and the IHS Markit Energy Advisory Service. bbl in 2020 and $49.25/bbl bbl in 2021—up $7.09/bbl bbl and $5.25/bbl,

Saudi Arabia 186

Saudi Arabia Oil Prices Oil Price 186

Green Car Congress

APRIL 23, 2018

Short-term oil demand is still growing strong and will continue to do so through the end of 2020 despite the market’s increasing focus on electric vehicles and the forecasted future plateau in oil demand, according to new analysis from IHS Markit, a global business information provider. Source: IHS Markit 2018.

Oil 276

Oil Global 2003 2007 276

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. mb/d for 2035 to 2040.

Oil Prices 150

Oil Prices Oil Price Climate Change 150

Green Car Congress

NOVEMBER 7, 2019

US shale production—the chief source of rapid growth that made the United States the world’s largest oil producer—is slowing down fast, says a new report by IHS Markit. It all represents the strongest headwinds for shale producers since the oil price collapse in 2015. —Raoul LeBlanc.

Oil 170

Oil Price Oil Prices Production 170

Green Car Congress

AUGUST 7, 2015

Many oil companies had trimmed their budgets heading into 2015 to deal with lower oil prices. But the collapse of prices in July—owing to the Iran nuclear deal, an ongoing production surplus, and economic and financial concerns in Greece and China—have darkened the mood. told the WSJ. “

Oil 150

Oil Saudi Arabia Supplies Oil Prices 150

Green Car Congress

APRIL 15, 2017

shale has thrown in another unknown in the mix of factors driving the price of oil. 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. shale output.

Oil 150

Oil Supplies Oil Prices 2017 150

Green Car Congress

JANUARY 23, 2019

Some level of DUCs is normal, but the ballooning number of uncompleted wells has repeatedly fueled speculation that a sudden rush of new supply might come if companies shift those wells into production. The latest crash in oil prices once again raises this prospect. It’s really 2020 and 2021.”. production levels.

Oil 236

Oil Oil Prices 2019 Price 236

Green Car Congress

AUGUST 28, 2017

On 27 October 2016, the International Maritime Organization (IMO) announced that beginning on 1 January 2020, the maximum sulfur content allowed in marine bunker fuel will be reduced from 3.50% mass by mass (m/m) to 0.50% m/m (35,000 ppm to 5,000 ppm)—five years earlier than many expected. Earlier post.)

Mariner 150

Mariner 2020 Fuel Oil 150

Green Car Congress

NOVEMBER 7, 2011

Global demand for oil may well peak before 2020, falling back to levels significantly below 2010 demand by 2035, according to a multi-client research study conducted by Ricardo Strategic Consulting launched in June 2011 in association with Kevin J. The world is nearing a paradigm shift in oil demand. Lindemer LLC.

Oil 210

Oil 2010 2020 Global 210

Green Car Congress

APRIL 14, 2015

The Annual Energy Outlook 2015 (AEO2015) released today by the US Energy Information Administration (EIA) projects that US energy imports and exports will come into balance—a first since the 1950s—because of continued oil and natural gas production growth and slow growth in energy demand. With greater U.S.

2020 150

2020 Energy Transportation Oil Prices 150

Green Car Congress

APRIL 7, 2021

The US Energy Information Administration (EIA) forecasts an increase in demand for petroleum products during the 2021 summer driving season as the impacts of COVID-19 diminish in the United States. EIA also forecasts the Brent crude oil price will average $64 per barrel this summer, a 78% increase from last summer’s average of $36 per barrel.

2019 186

2019 Fuel Coal 2020 186

Green Car Congress

JUNE 27, 2012

World oil production capacity to 2020 (crude oil and NGLs, excluding biofuels). Oil production capacity is surging in the United States and several other countries at such a fast pace that global oil output capacity could grow by nearly 20% from the current 93 million barrels per day to 110.6

Oil 261

Oil Oil-Sands Price Production 261

Green Car Congress

JANUARY 6, 2022

Average utilization for US plants climbed from 43% in third quarter 2020 to 98% in third quarter 2021. Meanwhile, mainland China has already become the top global importer of LNG. A new map of LNG is taking shape as 2021 became the year of rapid recovery, making the oversupply and price lows of 2020 seem like a distant memory.

Qatar 186

Qatar China United States Brazil 186

Green Car Congress

NOVEMBER 12, 2012

The global energy map is changing significantly, according to the 2012 edition of the Internal Energy Agency’s (IEA) World Energy Outlook ( WEO-2012 ). The IEA said these changes will recast expectations about the role of different countries, regions and fuels in the global energy system over the coming decades.

Global 225

Global 2012 Energy Oil 225

Green Car Congress

JUNE 1, 2016

Total global oil production could decline for the next several years in a row as scarce new sources of supply come online. According to data from Rystad Energy, overall global oil output will fall this year as natural depletion overwhelms all new sources of supply. The price acts as a self-correcting mechanism.

Oil 150

Oil Supplies Market Oil Prices 150

Green Car Congress

APRIL 8, 2015

In a new report, Navigant Research forecasts that total annual global light-duty start-stop vehicle (SSVs) sales will reach 59 million, accounting for 55% of all light duty vehicle sales. The other driver for SSV technology is consumer demand—present in Europe and some Asia Pacific countries for some time thanks to high fuel prices.

Light 150

Light North America Global Sale 150

Green Car Congress

JULY 6, 2018

oil and gas production gives us greater leverage against OPEC,” the Times of India quoted an Indian official as saying last month after the formal start of said talks. What’s more, they might not be alone in this attempt to curb OPEC’s clout on the global oil market. Now, it may be time for it to start worrying.

Oil 170

Oil India Oil Prices Japan 170

Green Car Congress

JULY 6, 2018

oil and gas production gives us greater leverage against OPEC,” the Times of India quoted an Indian official as saying last month after the formal start of said talks. What’s more, they might not be alone in this attempt to curb OPEC’s clout on the global oil market. Now, it may be time for it to start worrying.

Oil 150

Oil India Oil Prices Japan 150

Green Car Congress

JANUARY 19, 2011

Over the same period, energy intensity, a key measure of energy use per unit of economic output, is set to improve globally led by rapid efficiency gains in the same non-OECD economies, under these projections. OECD oil demand peaked in 2005 and in 2030 is projected to be roughly back at its level in 1990. The net growth of 16.5

Energy 210

Energy Economy Global Oil-Sands 210

Green Car Congress

AUGUST 6, 2015

A flood of bearish news has pushed down oil prices to their lowest levels in months, with WTI nearing $45 per barrel and Brent flirting with sub-$50 territory. With a bear market back, there is pessimism throughout the oil markets. Also, the ban on oil exports kept oil stuck within US borders.

Oil Prices 150

Oil Prices Oil United States North America 150

Green Car Congress

JANUARY 23, 2012

EIA’s AEO2012 projects a continued decline in US imports of liquid fuels due to increased production of gas liquids and biofuels and greater fuel efficiency. Net petroleum imports as a share of total US liquid fuels consumed drop from 49% in 2010 to 38% in 2020 and 36% in 2035 in AEO2012. Source: EIA. Click to enlarge.

Oil 210

Oil 2005 Production 2010 210

Green Car Congress

DECEMBER 4, 2016

BP has sanctioned the $9-billion Mad Dog Phase 2 project in the United States, despite the current low oil price environment. Oil production is expected to begin in late 2021. The current Mad Dog platform has the capacity to produce up to 80,000 gross barrels of oil and 60 million gross cubic feet of natural gas per day.

Mexico 150

Mexico Chevron Oil Oil Prices 150

Green Car Congress

JULY 25, 2013

Natural gas is the fastest-growing fossil fuel, as global supplies of tight gas, shale gas, and coalbed methane increase. With prices expected to increase in the long term, however, the world oil price in real 2011 dollars reaches $106 per barrel in 2020 and $163 per barrel in 2040, according to IEO2013.

2010 317

2010 Transportation Fuel Energy 317

Green Car Congress

JUNE 11, 2018

In 2016, the IMO confirmed that global refiners and shippers would have to comply with these new environmental regulations five years earlier than many anticipated, which sent tidal waves through two industries that typically take many years to adapt to such significant change. The recent signals from the IMO have been clear, IHS Markit said.

Fuel 170

Fuel Mariner Oil 2020 170

Green Car Congress

SEPTEMBER 2, 2015

If You’re a Free Range Oil Producer. Despite low oil prices, Saudi Arabia is maintaining its investment in its oil industry. as the drop in oil prices over the last year has put a strain on the nation’s finances.". for 2015 (based on actual average monthly prices through August of 53.97

Oil 150

Oil Saudi Arabia UAE 2015 150

Green Car Congress

JUNE 20, 2011

billion by 2020. The company aims to transform the chemical industry through the cost-advantaged, smaller-footprint production of bio-based chemicals as direct replacements for major industrial chemicals that are currently petroleum-based in a trillion-dollar global market. billion in 2011 to $98.5 per million Btu.

Green 236

Green Market 2011 2020 236

Green Car Congress

MAY 9, 2020

The second quarter of 2020 will see the largest volume of liquids production cuts, including shut-in production, in the history of the oil industry, according to IHS Markit. The Great Shut-In, a rapid and brutal adjustment of global oil supply to a lower level of demand is underway.

Oil 170

Oil 2020 Global Oil Prices 170

Green Car Congress

DECEMBER 17, 2010

This larger resource leads to about double the shale gas production and more than 20% higher total lower-48 natural gas production in 2035, with lower natural gas prices, than was projected in the AEO2010 Reference case. Beyond 2020, CAFE standards for both passenger cars and light-duty trucks are held constant.

Gas 199

Gas 2011 Price Energy 199

Green Car Congress

APRIL 10, 2009

A new study by the French institute Enerdata, commissioned by the European Federation for Transport & Environment (T&E), suggests that the European CO 2 standards for new vehicles due to come into effect in 2012 will lead not only to a European savings on oil (mainly via lower oil import volumes) but also to slightly lower global oil prices.

Oil 150

Oil Standards Price Oil Prices 150

Green Car Congress

APRIL 6, 2017

On a global level, 2015 and 2016 marked the lowest level of new conventional oil discoveries since 1952. billion barrels of conventional oil were discovered, roughly 45 days of global crude consumption or 0.2 percent of global proved reserves. by Viktor Katona for Oilprice.com. In 2016, only 3.7 million tons.

Russia 150

Russia Oil 2016 Oil Prices 150

Green Car Congress

MARCH 26, 2010

In 2009, the European Union adopted the Renewable Energy Directive (RED) which included a 10% target for the use of renewable energy in road transport fuels by 2020. The study pays particular attention to the ILUC effects, and the associated emissions, of the main feedstocks used for first-generation biofuels production. Background.

Transportation 210

Transportation Emissions Fuel 2020 210

Green Car Congress

DECEMBER 5, 2012

The US Energy Information Administration released its Annual Energy Outlook 2013 (AEO2013) Reference case (the Early Release ), which highlights a growth in total US energy production that exceeds growth in total US energy consumption through 2040. Domestic oil production will rise to 7.5 Overall findings. than in AEO2012.

Fuel 225

Fuel Energy Sale 2013 225

Green Car Congress

MAY 22, 2013

Overall, worldwide sales forecasts—and hence the related production forecasts for EVs and PHEVs—are more conservative than in the preceding survey period. Among the seven automotive nations tracked by the index, the share of production in some segments is shifting in favor of individual countries. Source: Roland Berger.

South Korea 239

South Korea Sale France Plug-in 239