Cost Of, Gas-Electric and Oil Prices

Oil Well Strippers Suffering From Low Oil Prices

Green Car Congress

DECEMBER 10, 2015

With OPEC breaking down and any kind of coordination among its members on price cuts looking increasingly unlikely, it now appears that oil prices could remain below $50 a barrel for a year or more. billion barrels of oil and 18.8 Mcf of natural gas. by Michael McDonald of Oilprice.com.

Oil Prices

Oil Prices Oil Price 2002

Rhodium Group estimates US GHG emissions rose 1.3% in 2022

Green Car Congress

JANUARY 11, 2023

Despite efforts to continue stimulating the US economy in the wake of the pandemic, high inflation put a damper on economic growth, which was exacerbated by a spike in oil prices as a result of Russia’s invasion of Ukraine. Consequently, the US economy grew 1.9% in 2022, down from a 5.7% GDP increase in 2021.

Emissions

Emissions Oil Prices 2005 Coal

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

Green Car Congress

DECEMBER 30, 2015

OPEC says that $10 trillion worth of investment will need to flow into oil and gas through 2040 in order to meet the world’s energy needs. 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.

Oil Prices

Oil Prices Oil Price Climate Change

EIA expects US motor fuel consumption to increase this summer, but remain below 2019 levels

Green Car Congress

APRIL 7, 2021

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. That price increase paired with an increase in gasoline and diesel demand will likely increase the cost of regular gasoline and diesel fuel this summer. MMBtu in 2020 to $3.31/MMBtu

2019

2019 Fuel Coal 2020

EIA AEO2015 projects elimination of net US energy imports in 2020-2030 timeframe; transportation energy consumption drops

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

2020 Energy Transportation Oil Prices

Navigant forecasts global medium- and heavy-duty alt powertrain sales to exceed 820K units in 2026

Green Car Congress

JULY 5, 2016

Whereas fuel cost used to be a major driver for fleet managers, the lowering of oil prices and the availability of low-cost natural gas has reduced this concern, Navigant notes. A major factor has always been the cost of battery packs.

Global

Global Sale North America Oil Prices

Study finds that dry-feed gasification for coal-to-liquids is more efficient, lower-emitting and cheaper than slurry-feed; CCS cost-effective for reduction of CO2

Green Car Congress

NOVEMBER 24, 2010

A co-production scenario—yet to be commercial—would take unconverted syngas from the FT reactor and combust it in a combined cycle power plant to generate electricity that is sold to the grid. Even with CCS, the liquid product costs are comparable to recent crude oil prices. Source: Mantripragada and Rubin.

Coal

Coal Oil Prices CO2 Gas-Electric

GE and Sargas AS partner on gas-fired plants with carbon capture for enhanced oil recovery

Green Car Congress

JUNE 19, 2012

GE has concluded a commercial alliance agreement with Norway-based Sargas AS to provide a gas turbine for one of the world’s first gas-fired plants with integrated carbon capture for enhanced oil recovery (EOR). GE’s LMS100 turbine is a combination of proven frame and aero-derivative gas turbine technology.

Oil

Oil Carbon Gas Gas-Electric

EIA Energy Outlook 2013 reference case sees drop in fossil fuel consumption as use of petroleum-based liquid fuels falls; projects 20% higher sales of hybrids and PHEVs than AEO2012

Green Car Congress

DECEMBER 5, 2012

Sales of battery-powered electric vehicles are 65% lower in the AEO2013 Reference case than the year before, with annual sales in 2035 estimated to be about 119,000. Reductions in battery electric vehicles are offset by increased sales of hybrid and plug-in hybrid vehicles, which grow to about 1.3 million, or less than one-half the 2.9

Fuel

Fuel Energy Sale 2013

Study finds no alternative to widespread switching of direct fuel uses to electricity to meet 2050 California GHG targets; putting detail in climate wedges

Green Car Congress

NOVEMBER 27, 2011

Technically feasible levels of energy efficiency and decarbonized energy supply alone will not be sufficient to reduce greenhouse gas emissions 80% below 1990 levels by 2050, according to a detailed modeling of the California economy performed by a team from Energy and Environmental Economics, the Monterey. Williams et al. Click to enlarge.

Climate

Climate California Fuel Gas-Electric

GM and Hawaii Gas Company to Collaborate on Hydrogen Infrastructure Pilot; Different Approach to Provisioning Fueling Stations

Green Car Congress

MAY 11, 2010

General Motors and Hawaii’s The Gas Company (TGC), the state’s major gas energy provider, are collaborating on a hydrogen infrastructure project. Fuel prices are among the highest in the US. Electricity costs are the highest in the US. TGC infrastructure follows the populated core on Oahu. Click to enlarge.

Hawaii

Hawaii Hydrogen GM Gas

IRENA report finds renewable power costs at parity or below fossil fuels in many parts of world

Green Car Congress

JANUARY 17, 2015

The cost of generating power from renewable energy sources has reached parity or dropped below the cost of fossil fuels for many technologies in many parts of the world, according to a new report released by the International Renewable Energy Agency (IRENA). Real weighted average cost of capital is 7.5% Source: IRENA.

Renewable

Renewable Parts Power Powered

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

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. EIA added a premium to the capital cost of CO 2 -intensive technologies to reflect current market behavior regarding possible future policies to mitigate greenhouse gas emissions.

Oil

Oil 2005 Production 2010

AECOM study finds EV adoption in Victoria can offer significant economic benefits by late 2020s; PHEVs initially lead uptake

Green Car Congress

JULY 12, 2011

According to a recently published report commissioned by the Victoria (Australia) Department of Transport from AECOM, electric vehicle (EV) technology offers the state of Victoria potentially significant economic benefits by the late 2020s. electricity supply to provide the necessary protections from higher voltages. Source: AECOM.

PHEV

PHEV Oil Prices Australia Price

Multiple Trends Turning Slowly Against Oil, Says Rocky Mountain Institute

Green Car Reports

FEBRUARY 8, 2016

The cost of a barrel of oil is now just a fraction of what it was several years ago, and fuel prices have mostly fallen across the globe as a result. Oil prices rise and fall, but most industry analysts suggest that the emergence of North American production has loosened OPEC's ability to set prices unilaterally.

Oil

Oil Oil Prices Price Cost Of

A Look at EV Charging Pricing Policy and Why It Matters

EV Connect

JULY 5, 2022

For many drivers there is a basic understanding of how traditional gasoline pricing functions: Oil prices based on availability and proximity in large part dictate how much a driver will pay at the pump. Pricing at a Glance Charging up your electric car at home sets a pricing baseline.

Price

Price Charging Gasoline-Electric Gas-Electric

Fossil Fuel Production Up in 2008 Despite Recession

Green Car Congress

OCTOBER 17, 2009

World production of fossil fuels—oil, coal, and natural gas—increased 2.9% million tons of oil equivalent (Mtoe) per day, according to a Worldwatch Institute analysis. Nonetheless, high oil prices pushed production from the Canadian oil sands to 1.2 Total gas production grew 3.8% in 2008 to reach 27.4

2008

2008 Oil-Sands Production Fuel

Roland Berger study outlines integrated vehicle and fuels roadmap for further abating transport GHG emissions 2030+ at lowest societal cost

Green Car Congress

APRIL 30, 2016

Despite the expected reduction in cost of alternative technologies, the share of new car sales will remain relatively small; the influence of these technologies on overall emissions currently remains marginal. PHEVs fueled with advanced biofuels and low carbon, renewable electricity (for PC). 34 Mton CO 2 e (WTW). Roland Berger study.

Transportation

Transportation Emissions Fuel Vehicles

MITEI releases report on Electrification of the Transportation System

Green Car Congress

JANUARY 13, 2011

The transportation sector thus represents a significant fraction of total greenhouse gas (GHG) emissions both globally and in the US—light-duty vehicles (LDVs) are responsible for 17.5% Electrification will also reduce oil dependence, providing foreign policy benefits and the potential to reduce real oil prices and oil price volatility.

Transportation

Transportation MIT Oil Prices Oil

BCG report finds advanced biofuels, concentrated solar power, and solar photovoltaic tracking to make significant market impact sooner than commonly assumed

Green Car Congress

NOVEMBER 11, 2010

The costs of these alternative energy technologies are falling rapidly, and they are on the path to becoming cost-competitive within the next five to ten years, if not sooner. Can it overcome barriers to rapid adoption once cost-competitive? The report, “What’s Next for Alternative Energy?,” Click to enlarge.

Solar

Solar Boston Consulting Group Power Powered

UC Berkeley Study Concludes Battery Switching Model Would Accelerate Mass-Market Adoption of Electric Cars; Baseline Scenario Projects EVs Reaching 64% of New LDV Sales in 2030

Green Car Congress

JULY 14, 2009

In two other scenarios considered, a high oil price scenario (using EIA projections) and a battery swap operator-subsidzied scenario, EV new vehicle sales penetration reaches 85% and 86% respectively by 2030. Electric Cars in the United States: A New Model with Forecasts to 2030” was written by Thomas Becker, a Ph.D.

Electric Cars

Electric Cars Batteries Battery Market

DNV GL paper suggests near-term success for LNG in shipping; alternative fuel mix to diversify over time

Green Car Congress

JANUARY 29, 2014

DNV and GL merged in September 2013 to form DNV GL—the world’s largest ship and offshore classification society, the leading technical advisor to the global oil and gas industry, and a leading expert for the energy value chain including renewables and energy efficiency. —“Alternative Fuels for Shipping”.

Alternative Fuels

Alternative Fuels Fuel Gas-Electric Mariner

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

Green Car Congress

AUGUST 15, 2010

Examples of emerging oil sands related technologies and trade-offs. Furthermore, they write, if the relative cost of cutting emissions was high in a given sector, then growing emissions alone would not solely justify major focus on cutting in that sector alone. Keith (2006) Life Cycle Assessment of Oil Sands Technologies (Paper No.

Oil-Sands

Oil-Sands Oil Emissions Coal

IEA WEO-2012 finds major shift in global energy balance but not onto a more sustainable path; identifies potential for transformative shift in global energy efficiency

Green Car Congress

NOVEMBER 12, 2012

The WEO finds that the extraordinary growth in oil and natural gas output in the United States will mean a sea-change in global energy flows. In the New Policies Scenario, the WEO ’s central scenario, the United States becomes a net exporter of natural gas by 2020 and is almost self-sufficient in energy, in net terms, by 2035.

Global

Global 2012 Energy Oil

Study suggests that decarbonizing US transport sector by converting waste CO2 to fuels would require economical air-capture of CO2

Green Car Congress

NOVEMBER 7, 2010

Kreutz presented the paper at the 10 th International Conference on Greenhouse Gas Control Technologies ( GHGT-10 ) earlier this fall in The Netherlands. In the near-term pre-CCS era, with a low cost of carbon, the economical solution for power providers is to vent the CO 2 and pay the fees, passing on the costs to customers.

Transportation

Transportation Convert Waste CO2

Study Finds EVs Economically and Financially Viable in New South Wales, Australia Market Today

Green Car Congress

JANUARY 18, 2010

The study found that for small and medium passenger vehicles, expected lifetime cost per kilometer for EVs is already lower than that of conventional ICE. The total cost of ownership includes the vehicle price, annual fuel and maintenance costs and insurance. Future costs have been discounted at 7%. Source: AECOM.

Australia

Australia Market Plug-in Plug

KPMG study identifies 10 sustainability “megaforces” with accelerating impacts on business; imperative of sustainability changing the automotive business radically

Green Car Congress

FEBRUARY 15, 2012

Environmental costs are often not shown on financial statements because the bearers of such costs can be either particular individuals or society at large, are often both non-monetary and problematic to quantify for comparison with monetary values. Global food prices are predicted to rise 70 to 90 percent by 2030. Source: KPMG.

Climate Change

Climate Change Water Climate Global

Inaugural Quadrennial Technology Review report concludes DOE is underinvested in transport; greatest efforts to go to electrification

Green Car Congress

SEPTEMBER 28, 2011

The DOE-QTR defines six key strategies: increase vehicle efficiency; electrification of the light duty fleet; deploy alternative fuels; increase building and industrial efficiency; modernize the electrical grid; and deploy clean electricity. DOE’s most significant role in transport research is here.

Transportation

Transportation Fuel Economy Light Fuel

Study Finds Integrated Biorefinery Processes Could Be Highly Competitive With Petroleum Fuels on Efficiency and Costs, While Offering Substantial Reductions in Greenhouse Gas Emissions

Green Car Congress

MARCH 8, 2009

integrating biological and thermochemical processing to produce biofuels and/or power could offer similar, if not lower, efficiencies and costs and very large reductions in greenhouse gas emissions compared to petroleum-derived fuel, according to a comparative analysis of 14 mature technology biomass refining scenarios.

Emissions

Emissions Gas Fuel 2009

Perspective: US Needs to Transition to Hydrous Ethanol as the Primary Renewable Transportation Fuel

Green Car Congress

AUGUST 30, 2009

The oil price shocks of the 1970s led the Brazilian government to address the strain high prices were placing on its fragile economy. Brazil, the largest and most populous country in South America, was importing 80% of its oil and 40% of its foreign exchange was used to pay for that imported oil. by Brian J.

Transportation

Transportation Fuel Renewable Gasoline-Electric

Comprehensive modeling study finds electric drive vehicle deployment has little observed effect on US system-wide emissions

Green Car Congress

JANUARY 15, 2014

The results of a new, comprehensive modeling study characterizing light-duty electric drive vehicle (EDV) deployment in the US over 108 discrete scenarios do not demonstrate a clear and consistent trend toward lower system-wide emissions of CO 2 , SO 2 , and NO x as EDV deployment increases.

Emissions

Emissions Oil Prices Vehicles Oil

IEA World Energy Outlook 2013 sees CO2 emissions rising by 20% to 2035; oil use on upward trend

Green Car Congress

NOVEMBER 13, 2013

The Middle East becomes the world’s second-largest gas consumer by 2020 and third-largest oil consumer by 2030, redefining its role in global energy markets. Nearly half of the net increase in electricity generation comes from renewables. billion people in the world without access to electricity and one-quarter of the 2.6

Oil

Oil 2013 Energy Emissions

Accenture Reports Identifies 12 Disruptive Technologies Most Likely to Transform Supply and Demand of Transport Fuels and Cut Emissions Within Next 10 Years

Green Car Congress

NOVEMBER 10, 2009

Accenture defined disruptive fuel technologies as those that: Reduce hydrocarbon fuel demand by more than 20% by 2030; Save greenhouse gas emissions (GHG) by more than 30% relative to the hydrocarbons they replace; Will be commercial in less than five years; and. Will be competitive at an oil price of $45 to $90 at their commercial date.

Transportation

Transportation Supplies Emissions Fuel

Expert panel report finds achieving 1M plug-in vehicles in US by 2015 would require concentrated action to overcome barriers

Green Car Congress

FEBRUARY 4, 2011

A new study sponsored by Indiana University concludes that President Obama’s vision of one million plug-in electric vehicles (PEVs) on US roads by 2015 will require concentrated efforts action from all stakeholders— the auto industry, federal government, the scientific community, and consumers—to be realized. —John D.

Plug-in

Plug-in 2015 Plug Recharge

Study Finds Coordinated Off-peak Charging Can Support Large Scale Plug-in Use Without Additional Generation Capacity; TCO and GHG Abatement Costs for BEVs Projected to Remain High

Green Car Congress

OCTOBER 18, 2010

The study, in press in the Journal of Power Sources , examines the efficiency and costs of current and future EVs, as well as their impact on electricity demand and infrastructure for generation and distribution, and thereby on GHG emissions. Derive GHG emissions and costs of charging of EVs in the 2015 Dutch context and.

Plug-in

Plug-in Charging PHEV Gasoline-Electric

IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

Green Car Congress

NOVEMBER 13, 2011

Under the WEO 2011 central scenario, oil demand rises from 87 million barrels per day (mb/d) in 2010 to 99 mb/d in 2035, with all the net growth coming from the transport sector in emerging economies. The number of people without access to electricity remained unacceptably high at 1.3 The passenger vehicle fleet doubles to almost 1.7

Oil

Oil Transportation Cheap Fleet

Nissan’s Big Gamble

Revenge of the Electric Car

JULY 14, 2009

It’ll be mostly driven by the cost of gas. CEO Carlos Ghosn is spending big money to make electric vehicles in high volumes — and soon. 2, Ghosn will unveil the first of three electric models in three vehicle segments that he plans to sell by 2013. government will cover some of the costs.

Nissan

Nissan Japan United States Gasoline-Electric

Cleantech Blog: Smart Grids and Electric Vehicles

Tony Karrer Delicious EVdriven

APRIL 16, 2009

Find investors, resumes, and free research Get Cleantech Blog in your email Enter your email address: Subscribe in a reader Join us on Linked In Follow us on Twitter Join us on Facebook GHGBlog.com - The Greenhouse Gas Blog Loading. The World's First Clean Motocross Race On Electric. Here we go again.or Carbon trading vs t.

Grid

Grid Electric Vehicles Vehicles Oil-Sands

EV Driven

Oil Well Strippers Suffering From Low Oil Prices

Rhodium Group estimates US GHG emissions rose 1.3% in 2022

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

EIA expects US motor fuel consumption to increase this summer, but remain below 2019 levels

EIA AEO2015 projects elimination of net US energy imports in 2020-2030 timeframe; transportation energy consumption drops

Navigant forecasts global medium- and heavy-duty alt powertrain sales to exceed 820K units in 2026

Study finds that dry-feed gasification for coal-to-liquids is more efficient, lower-emitting and cheaper than slurry-feed; CCS cost-effective for reduction of CO2

GE and Sargas AS partner on gas-fired plants with carbon capture for enhanced oil recovery

EIA Energy Outlook 2013 reference case sees drop in fossil fuel consumption as use of petroleum-based liquid fuels falls; projects 20% higher sales of hybrids and PHEVs than AEO2012

Study finds no alternative to widespread switching of direct fuel uses to electricity to meet 2050 California GHG targets; putting detail in climate wedges

GM and Hawaii Gas Company to Collaborate on Hydrogen Infrastructure Pilot; Different Approach to Provisioning Fueling Stations

IRENA report finds renewable power costs at parity or below fossil fuels in many parts of world

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

AECOM study finds EV adoption in Victoria can offer significant economic benefits by late 2020s; PHEVs initially lead uptake

Multiple Trends Turning Slowly Against Oil, Says Rocky Mountain Institute

A Look at EV Charging Pricing Policy and Why It Matters

Fossil Fuel Production Up in 2008 Despite Recession

Roland Berger study outlines integrated vehicle and fuels roadmap for further abating transport GHG emissions 2030+ at lowest societal cost

MITEI releases report on Electrification of the Transportation System

BCG report finds advanced biofuels, concentrated solar power, and solar photovoltaic tracking to make significant market impact sooner than commonly assumed

UC Berkeley Study Concludes Battery Switching Model Would Accelerate Mass-Market Adoption of Electric Cars; Baseline Scenario Projects EVs Reaching 64% of New LDV Sales in 2030

DNV GL paper suggests near-term success for LNG in shipping; alternative fuel mix to diversify over time

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

IEA WEO-2012 finds major shift in global energy balance but not onto a more sustainable path; identifies potential for transformative shift in global energy efficiency

Study suggests that decarbonizing US transport sector by converting waste CO2 to fuels would require economical air-capture of CO2

Study Finds EVs Economically and Financially Viable in New South Wales, Australia Market Today

KPMG study identifies 10 sustainability “megaforces” with accelerating impacts on business; imperative of sustainability changing the automotive business radically

Inaugural Quadrennial Technology Review report concludes DOE is underinvested in transport; greatest efforts to go to electrification

Study Finds Integrated Biorefinery Processes Could Be Highly Competitive With Petroleum Fuels on Efficiency and Costs, While Offering Substantial Reductions in Greenhouse Gas Emissions

Perspective: US Needs to Transition to Hydrous Ethanol as the Primary Renewable Transportation Fuel

Comprehensive modeling study finds electric drive vehicle deployment has little observed effect on US system-wide emissions

IEA World Energy Outlook 2013 sees CO2 emissions rising by 20% to 2035; oil use on upward trend

Accenture Reports Identifies 12 Disruptive Technologies Most Likely to Transform Supply and Demand of Transport Fuels and Cut Emissions Within Next 10 Years

Expert panel report finds achieving 1M plug-in vehicles in US by 2015 would require concentrated action to overcome barriers

Study Finds Coordinated Off-peak Charging Can Support Large Scale Plug-in Use Without Additional Generation Capacity; TCO and GHG Abatement Costs for BEVs Projected to Remain High

IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

Nissan’s Big Gamble

Cleantech Blog: Smart Grids and Electric Vehicles

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