Green Car Congress

NOVEMBER 17, 2017

A University of Washington team is trying to make poplar an economically viable biofuel feedstock by testing the production of younger poplar trees that could be harvested more frequently—after only two or three years—instead of the usual 10- to 20-year cycle. Chang Dou/University of Washington. Click to enlarge.

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Green Car Congress

JANUARY 5, 2019

In 5 of the 10 cities for which EIA collects weekly retail price data, gasoline prices exceeded $3.00/gal Rising crude oil prices and high levels of gasoline demand contributed to rising gasoline prices from January through May. gal at least once in 2018. per gallon between October and December.

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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. That could cause oil prices to spike.

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Green Car Congress

JUNE 1, 2016

According to a separate report from SAFE, a Washington-based think tank, the oil industry has cut somewhere around $225 billion in capex in 2015 and 2016, which will lead to global supplies 4 million barrels per day lower in 2018-2020, compared to what market analysts expected as of 2014. Of course, these figures are not inevitable.

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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. However, the WTI/Brent spread has shrunk more dramatically since the collapse in oil prices.

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Green Car Congress

JULY 13, 2016

Because of this, the collective US shale industry has been likened to the new “swing producer”: low oil prices force quick cutbacks but higher prices trigger new supplies. And because there were few job openings, very few young people between the mid-1980s and 2000 went into oil and gas.

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Green Car Congress

MAY 20, 2015

Oil prices have rebounded strongly since March. The benchmark WTI prices soared by more than 36 percent in two months, and Brent has jumped by more than 25 percent. Moreover, even if US producers do come swarming back to the oil fields and manage to boost output from the current 9.3 by Nick Cunningham of Oilprice.com>.

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