Remove America Remove Economy Remove Oil Prices Remove Resource
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Opinion: Consumers winning with low oil prices, for now

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Lest we be too quick to forget whence we came, America is now 9-months into lower gasoline prices, which started their swoon the week of June 30, 2015 from a lofty national average just under $3.70, tumbling almost every subsequent week before bottoming and bouncing from $2.02 by Thomas Miller for Oilprice.com.

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IIASA: removing fossil fuel subsidies will not reduce CO2 emissions as much as hoped

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However, the study found that the growth of CO 2 emissions by 2030 would only be 1-5% lower than if subsidies had been maintained, regardless of whether oil prices are low or high. The largest effects of removing subsidies were found in areas that export oil and gas, such as Russia, Latin America, and the Middle East and North Africa.

Emissions 186
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Perspective: Ending Oils Monopolya Blueprint for Mobility Choice

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Perspective by Deron Lovaas, Federal Transportation Policy Director, Natural Resources Defense Council. Oil is a strategic commodity second to none—it underlies the global economy and even the American way of life. This means our economic stability is at stake because of our reliance on oil.

Oil 255
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EIA 2035 reference case projects drop in US imports of petroleum due to modest economic growth, increased efficiency, growing domestic oil production, and biofuels

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It also assumed implementation of existing regulations that enable the building of new energy infrastructure and resource extraction. Under the Reference case, domestic crude oil production is expected to grow by more than 20% over the coming decade; already, domestic crude oil production increased from 5.1

Oil 210
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Researchers Suggest That Although CCS and Other Technologies Could Reduce Oil Sands GHG Emissions to Near Zero, That Strategy May Not Make Sense

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Debate about the future of oil sands development is so contentious that even the name of the resource is disputed: proponents typically use oil sands while opponents use tar sands. All told, they wrote, the well-to-wheel (WTW) emissions of oil sands products constitute roughly 2% of total emissions in Canada and the US.

Oil-Sands 225
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Stanford, UC Santa Cruz study explores ramifications of demand-driven peak to conventional oil

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In contrast to arguments that peak conventional oil production is imminent due to physical resource scarcity, a team from Stanford University and UC Santa Cruz has examined the alternative possibility of reduced oil use due to improved efficiency and oil substitution.

Oil 207
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Global CO2 emissions up 3% in 2011; per capita CO2 emissions in China reach EU levels

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savings stimulated by high oil prices led to a decrease of 3% in CO 2 emissions in the European Union and of 2% in both the United States and Japan. tonnes per capita, despite a decline due to the recession in 2008-2009, high oil prices and an increased share of natural gas. tonnes per capita. the United States (16%).

2011 236