Green Car Congress
OCTOBER 23, 2014
Much of the shale basins that are principally responsible for America’s oil production will not feel the effects of low prices as quickly as many are predicting. Better-known shale formations, such as the Eagle Ford in South Texas, can break even at much lower prices. Much rides on the decision making of officials in Saudi Arabia.
Green Car Congress
JANUARY 22, 2015
The chart below shows the EIA prediction that production will slowly fall and imports will rise (AEO 2014) after 2016. That’s included in the chart and is the whole reason that US production has been growing. But there’s not enough of it to keep production growing for long. Not even close. The US consumes about 5.5 Very badly.
Green Car Congress
OCTOBER 29, 2015
OPEC altered the course of the oil markets last year when it decided to cast aside its traditional role of maintaining balance through production cuts. After all, the group has historically coordinated its production levels in an effort to control prices, or at least influence them.
Green Car Congress
FEBRUARY 25, 2016
Production cost and breakeven figures that analysts enjoy bandying can trap you in bubble of black-and-white mathematics that is a few brush-strokes shy of a full picture. Saudi Arabia and Kuwait enjoy some of the lowest production costs in the world, at about $10 and $8.50, respectively, according to Rystad Energy data.
EV Central
JANUARY 30, 2024
Built at the car-maker’s new plant located in Jeddah, Saudi Arabia, it’s thought that Lucid will price its all-new SUV at around $US50,000 ($75,000), suggesting it will be a rival for the more expensive end of the Tesla Model Y line-up. But when the luxury EV brand will land here is still far from certain.
Green Car Congress
NOVEMBER 15, 2014
In its latest annual World Energy Outlook , the International Energy Agency (IEA) warned that the current period of oil abundance may be fleeting, and in fact, without heroic levels of production increases, oil markets will grow dangerously tight in the coming years. And that should raise some alarm. million bpd by 2035. Source: [link].
Green Car Congress
JANUARY 7, 2013
Geely’s current major overseas markets include Ukraine, Russia, Iraq and Saudi Arabia. In 2009, Geely bought the Australian transmission manufacturer Drivetrain Systems International (DSI) and then in 2010 Geely purchased Volvo Car Corporation from Ford.
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