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The Technical Failure That Could Clear The Oil Glut In A Matter Of Weeks

Green Car Congress

The skepticism shown by a majority of financial analysts and oil commentators about the real threat to global oil (and gas) production volumes was countered by the news that the production at Saudi Aramco’s main offshore oil field, Manifa, has been hit by technical problems. Amin Nasser’s aim is to go beyond global oil markets.

Oil 186
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Opinion: Is Russia Plotting To Bring Down OPEC?

Green Car Congress

According to the IMF’s 2015 Article IV Consultation-Press Release and Staff Report , published August 3, oil and natural gas exports constituted 65 percent of exports, 52 percent of the Federal government budget, and 14.5 from a market for Russian crude and natural gas (via LNG) to a global competitor. percent of GDP in 2014.

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Increase in US rig count will not cap oil prices

Green Car Congress

The argument emerged that having contributed to the collapse of world oil prices, US LTO was the new global swing producer, replacing OPEC leader Saudi Arabia in that role. He was also optimistic WTI could exit 2016 at $70 because of the rapid rebalancing of global crude supply and demand. Link to original article: [link].

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EV myths busted: Are electric vehicles actually good for the environment?

Drive Electric

Throughout this article, we’ll refer to ICEVs and EVs; here’s a quick breakdown explaining the difference between the two. While 80% of EV drivers globally charge their EV at home which can be done from inside your garage or carport with appropriate safety in place, there is still a need for public charging infrastructure.

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EV myths busted: Are electric vehicles actually good for the environment?

Drive Electric

Throughout this article, we’ll refer to ICEVs and EVs – here’s a quick breakdown explaining the difference between the two. While 80% of EV drivers globally charge their EV at home which can be done from inside your garage or carport with appropriate safety in place, there is still a need for public charging infrastructure.