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The Next Oil Price Spike May Cripple The Industry

Green Car Congress

Two diametrically opposed views dominate the current debate about where the oil price is heading. The first is that at present EVs do not yet outperform ICEVs comprehensively. The second is that under the best of circumstances it will take the EV industry close to another decade to close this cost of ownership gap.

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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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BNEF forecasts EVs to be 35% of global new car sales by 2040; cost of ownership below conventional-fuel vehicles by 2025

Green Car Congress

According to Salim Morsy, senior analyst and author of the study, the central forecast is based on the crude oil price recovering to $50/barrel, and then trending back up to $70 or higher by 2040. Should fall to $20/barrel and remain there, it would delay mass adoption of EVs only to the early 2030s, according to the BNEF analysis.

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US Shale Is Now Cash Flow Neutral

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Oil prices are probably already high enough to spark a rebound in shale production. Even when US oil production hit a peak at 9.7 By the third quarter, oil prices had climbed back to above $40 and traded at around $50 per barrel for some time, replenishing some lost revenue. by Nick Cunningham of Oilprice.com.

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

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There are three reasons for this lack of observed effect, they concluded: (1) at present the overall share of emissions from the LDV sector is only 20% of US CO 2 emissions; (2) EDV charging can still produce comparable emissions to conventional vehicles depending on the grid mix; and (3) the effect of other sectors on emissions is significant.

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Biosyncrude Gasification Process Could Produce Motor Fuel at Cost of Around $3/gallon

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A crude oil price of US$100/bbl results in an approximate cost of €0.56/L A substitution of the present 2008 global motor fuel consumption of 2 Gtoe/a would therefore require a biomass harvest of 4 Gtoe/a. With ±30% estimate error, this is between €0.56 per liter (US$2.72-5.03/gallon

Cost Of 150
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MIT/UC Davis professors challenge claims that ethanol production decreased gasoline prices in 2010 and 2011

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Put simply, the empirical results merely reflect the fact that ethanol production increased during the sample period whereas the ratio of gasoline to crude oil prices decreased. When we control for the energy costs of refining using oil and natural gas prices, the estimated effect is $0.13

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