Green Car Congress

DECEMBER 11, 2014

The demand for oil in 2015 will drop to its lowest level since 2002 because of an oversupply of crude and stagnant economies in China and Europe, according to OPEC’s latest forecast. Futures for US crude also are down dramatically. The exceptions, the news agency reports, are Kuwait and Qatar. by Andy Tully of Oilprice.com.

Oil Prices 199

Oil Prices Oil 2015 Price 199

Green Car Congress

APRIL 10, 2015

Cheap oil has created a huge financial crisis for Venezuela as its economy is heavily dependent on oil exports and oil revenues constitute about 95% of its total foreign exchange earnings. He is author of “Oil—Past, present, future—An Indian Perspective”. Source: [link]. Market Background Oil'

Saudi Arabia 150

Saudi Arabia Venezuela Iran Nigeria 150

DIY Electric Car

NOVEMBER 28, 2010

1979 saw world oil prices skyrocket during the Iranian revolution and American Hostage Crisis and by the early 1980s the American Economy was right back into a recession. The economy was slowed by their actions but it didn?t t stop the economy. This increase in oil prices again pushed the economy into a recession.

USA 180

USA Oil Prices Oil 2001 180

Green Car Congress

AUGUST 25, 2015

CME Brent oil futures project continuity: as of August 18, 2015, CME Brent futures projected the price remaining below $60/bbl until June 2017. Are the futures market, CNBC’s oil traders, analysts, and major fund investors, and others, being lulled into an unjustified consensus? million barrels/day in 2014 to 7.55 MMbbls/day.

Saudi Arabia 150

Saudi Arabia Russia Oil 2015 150

Green Car Congress

OCTOBER 6, 2015

Energy is the foundation of Russia, its economy, its government, and its political system. They pose an existential threat to the industry and therefore to the Russian economy: The revenues Russia can earn from its crude and natural gas exports face intense pressure. The emergence of the U.S., This has transformed the U.S.

Russia 150

Russia Saudi Arabia Iran Iraq 150

Green Car Congress

AUGUST 13, 2015

National oil producers can and are shifting the cost of the lowered prices to other sectors of the economy. million), and its allies, UAE (2.87), Kuwait (2.8), and Qatar (.67), ISIS, Al Qaeda, and disaffected Shias present a significant domestic security threat. a durable decrease in output? At first glance, it seems impossible.

Saudi Arabia 150

Saudi Arabia Oil Iraq Iran 150