Green Car Congress

JUNE 27, 2012

Oil production capacity is surging in the United States and several other countries at such a fast pace that global oil output capacity could grow by nearly 20% from the current 93 million barrels per day to 110.6 Such an increase in capacity could prompt a plunge or even a collapse in oil prices, he suggests.

Oil 261

Oil Oil-Sands Price Production 261

Green Car Congress

MARCH 2, 2013

A barrel of dilbit contains 30% diluents (that do not make significant contribution to gasoline) and 70% bitumen (with a high fraction of residuum, requiring a higher amount of energy-intensive coking to make gasoline and distillate fuels along with a higher fraction of petroleum coke than light crudes). tank-to-wheels, TTW).

Climate Change 250

Climate Change Oil-Sands Nebraska Climate 250

Green Car Congress

FEBRUARY 1, 2014

Over the long term, lower-than-expected oil prices could affect the outlook for oil sands production, and in certain scenarios higher transportation costs resulting from pipeline constraints could exacerbate the impacts of low prices.

Oil-Sands 220

Oil-Sands Nebraska Oil Montana 220