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Tesla’s production expansion, surging oil prices bring stock upgrade from Daiwa Securities

Teslarati

Tesla’s ( NASDAQ: TSLA ) plans to expand its production capacity, along with other factors like surging oil prices that could sway consumers to electric vehicles, have contributed to Daiwa Securities analysts upgrading their outlook on the automaker’s stock.

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BNEF: Oil price plunge to have only moderate impact on low-carbon electricity development, but likely to slow EV growth

Green Car Congress

The collapse in world oil prices in the second half of 2014 will have only a moderate impact on the fast-developing low-carbon transition in the world electricity system, according to research firm Bloomberg New Energy Finance. However, the slump in the Brent crude price per barrel from $112.36 on 30 June to $61.60

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Douglas-Westwood: decline in oil prices may impact development of subsea processing

Green Car Congress

In the Douglas-Westwood Monday note , Andy Jenkins from the energy research group’s London office observes that the decline in oil prices may impact deepwater production and in particular a key future enabler: subsea processing (SSP). —Andy Jenkins.

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$10-Trillion Investment Needed To Avoid Massive Oil Price Spike Says OPEC

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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.

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How Does The Price of Oil Impact EV Adoption?

CleanTechnica EVs

The oil price shock of 2022 has driven a great deal of new interest in EVs, which has just served to help answer the question of what happens to EV adoption rates when oil and gas prices fluctuate. It has supercharged EV demand, which is ultimately due to the economics of high oil prices, yet […].

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EIA: US retail diesel prices increase to >$6 per gallon in the Northeast; nearly equal to California

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On 16 May 2022, the average US on-highway retail diesel fuel price was $5.61 Although retail diesel prices have increased across the entire United States, prices in the Northeast have increased the most and are now among the highest in the country. On 16 May, the average retail diesel price was $6.43/gal

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ICCT report finds expected surge in renewable diesel production could have damaging environmental impacts due to feedstock demand

Green Car Congress

Already the growth of renewable diesel production is impacting feedstock markets, with many analysts identifying growth in renewable diesel as a factor contributing to recent record soy oil prices. It may be appropriate for state programs to consider limiting the contribution from renewable diesel.

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