Green Car Congress

OCTOBER 2, 2019

The low levels in discoveries come as a result of a pullback during the past 10 years in the wildcat drilling that targets conventional oil and gas plays—most drastically after oil prices collapsed in 2014. —Keith King, senior advisor at IHS Markit and a lead author of the IHS Markit E&P trends analysis.

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Oil Gas Oil Prices Water 199

Green Car Congress

MAY 22, 2020

Due to the collapse in oil prices, IHS Markit expects US producers are in the process of curtailing about 1.75 The oil market fear that characterized March and the extreme price pressure that producers felt in April have galvanized producers across North America into unprecedented action.

Oil 186

Oil Canada Oil-Sands Production 186

Green Car Congress

FEBRUARY 28, 2019

Global oil and gas companies are increasingly facing an uphill battle as global warming policies are taking their toll. Most analysts and market watchers are focusing on peak oil demand scenarios, but the reality could be much darker. The latter is partly caused by “global warming constraints” and lower oil prices in general.

Oil 231

Oil Industrial Industry Financing 231

Green Car Congress

MARCH 27, 2020

EVs also face another headwind with the low price of oil prices, making them less competitive in terms of fuel cost savings vis-à-vis their internal combustion engine counterparts. A key variable will be to what extent the remote working patterns established in the response period will become entrenched in the future.

Gasoline 269

Gasoline 2020 Gasoline-Electric 2008 269

Green Car Congress

JULY 6, 2018

The reason they are likely to join in is that unlike in previous oil price cycles, now there are alternatives to fossil fuels. Electrification is where OPEC may have to face off with a future oil buyers’ cartel. At the same time, it still imports crude and quite a lot of it, so it cares about oil prices as a large buyer.

Oil 170

Oil India Oil Prices Japan 170

Green Car Congress

JULY 6, 2018

The reason they are likely to join in is that unlike in previous oil price cycles, now there are alternatives to fossil fuels. Electrification is where OPEC may have to face off with a future oil buyers’ cartel. At the same time, it still imports crude and quite a lot of it, so it cares about oil prices as a large buyer.

Oil 150

Oil India Oil Prices Japan 150

Green Car Congress

OCTOBER 29, 2014

This is a landmark step in revitalizing our aging fleet and replacing expensive internal combustion engine vehicles with cutting-edge EV technology, all while reducing our dependence on oil and saving Indianapolis taxpayers thousands in fuel costs each year. Indianapolis Mayor Greg Ballard.

Indianapolis 287

Indianapolis 2016 Fleet PHEV 287

Green Car Congress

AUGUST 25, 2016

The official chatter is that the OPEC meeting in Algeria from September 26 to 28 could conclude with an agreement to freeze production by the member nations, with even Russia joining forces in a freeze that may prevent further oil price erosion. But lets rewind a bit to the nature of the recent chatter.

Saudi Arabia 150

Saudi Arabia Iran Algeria Oil Prices 150

Green Car Congress

FEBRUARY 28, 2022

As a result of the resignations of bp’s nominated directors, bp has determined that it no longer meets the criteria set out under International Financial Reporting Standards (IFRS) for having “significant influence” over Rosneft. bp will continue to comply with all relevant international trade rules and sanctions.

Russia 186

Russia Ukraine 2013 Financing 186

Green Car Congress

SEPTEMBER 13, 2017

Most notably, a rise in Saudi crude-oil output could trigger a damaging period of global oversupply, said Jim Krane, the Wallace S. This glut could be exacerbated by future carbon taxes and other policy restrictions on fossil fuels, he said. Internationally, Saudi Arabia also faces conflicting priorities for its crude oil.

Saudi Arabia 150

Saudi Arabia Oil Production Climate 150

Green Car Congress

APRIL 23, 2018

Short-term oil demand is still growing strong and will continue to do so through the end of 2020 despite the market’s increasing focus on electric vehicles and the forecasted future plateau in oil demand, according to new analysis from IHS Markit, a global business information provider. Source: IHS Markit 2018.

Oil 276

Oil Global 2003 2007 276

Green Car Congress

SEPTEMBER 20, 2011

Worldwide energy consumption will grow by 53% between 2008 and 2035 with much of the increase driven by strong economic growth in the developing nations, especially China and India, according to the reference case in the newly released International Energy Outlook 2011 (IEO2011) from the US Energy Information Administration (EIA).

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Oil-Sands Oil 2008 Oil Prices 220

Green Car Congress

JUNE 27, 2012

Such an increase in capacity could prompt a plunge or even a collapse in oil prices, he suggests. However, if such a collective effort by industry does not materialize, government may respond with more onerous regulation in the near future that could impact U.S. shale oil production. Oil: The Next Revolution."

Oil 261

Oil Oil-Sands Price Production 261

Green Car Congress

JUNE 23, 2016

The impact of rising oil prices on North American light tight oil (LTO) production is said to be a “Catch 22”, the title of Joseph Heller’s popular 1961 novel set in WWII. Too many analysts continue to believe drilling and service has the same problem with rising oil prices. by David Yager for Oilprice.com.

Oil Prices 150

Oil Prices Oil Price Oil-Sands 150

Green Car Congress

JULY 14, 2011

Driven by a number of growing concerns including the increasingly worrying geopolitics of oil, governments and industry are investing heavily to accelerate the development of low carbon technologies that aim to reduce, replace or obviate the use of fossil fuels in the energy mix.

Oil 225

Oil Oil Prices Climate Change Supplies 225

Green Car Congress

MAY 26, 2009

International engagement—especially with China—is also a need. Carbon capture and storage will be important to both future climate change policy and future energy policy, the brief asserts, calling for Federal subsidies for 10 to 20 commercial-scale CCS projects. Oil security policy. Carbon capture and storage.

Energy 150

Energy Price Oil Prices Climate Change 150

Green Car Congress

APRIL 27, 2017

Global oil discoveries fell to a record low in 2016 as companies continued to cut spending and conventional oil projects sanctioned were at the lowest level in more than 70 years, according to the International Energy Agency, which warned that both trends could continue this year. Oil discoveries declined to 2.4

Oil 150

Oil 2016 Oil-Sands Global 150

Green Car Congress

JULY 25, 2013

The US Energy Information Administration’s (EIA’s) International Energy Outlook 2013 (IEO2013) projects that world energy consumption will grow by 56% between 2010 and 2040, from 524 quadrillion British thermal units (Btu) to 820 quadrillion Btu. World energy consumption by fuel type, 2010-2040. Source: IEO2013. Click to enlarge.

2010 317

2010 Transportation Fuel Energy 317

Green Car Congress

MARCH 2, 2015

Speaking on the eve of the Geneva International Motor Show, Prof. We develop technologies that point the way well into the future. ”. He went on to say that the car manufacturer is positioning itself at the forefront of automotive change with its forward-looking “Future Tracks” program. The Volkswagen Group invested €11.5

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2014 Vehicles Automobile Climate 150

Green Car Congress

MAY 21, 2010

A new study by the Peterson Institute for International Economics concluded that the Kerry-Lieberman “American Power Act”—the energy and climate change legislation recently introduced in the Senate ( earlier post )—would reduced US oil imports by 33-40% below current levels and by 9-19% below projected business-as-usual levels by 2030.

Oil 220

Oil Climate Change Oil Prices 2005 220

Green Car Congress

OCTOBER 22, 2015

The International Council on Clean Transportation (ICCT) has released its annual update on the fuel efficiency of US airlines. A stronger correlation between fuel efficiency and profitability was observed in 2014 than in 2013, despite a sharp fall in oil prices in the latter half of the year. Earlier post.)

Alaska 150

Alaska Fuel 2014 2013 150

Green Car Congress

JUNE 20, 2012

The other two key findings from Bartis’ introductory report are: Where security shortfalls impede hydrocarbon production or transport, current and future US Air Force partnership-building capabilities offer security improvements that could promote greater production of petroleum and natural gas resources.

Price 225

Price Turkey Oil-Sands Fuel 225

Green Car Congress

JULY 6, 2017

The forecast, put together by the advanced transport team at BNEF, relies on likely future reductions in price for lithium-ion batteries and of prospects for the other cost components in EVs and internal combustion engine vehicles. BNEF suggested that only in Japan will PHEVs continue to play an important role after 2030.

PHEV 170

PHEV Sale Lithium Ion Cars 170

Green Car Congress

JULY 12, 2011

Assumes there are only Internal Combustion Engines (ICEs) and Hybrid Electric Vehicles (HEVs) available, with no Plug-in Hybrid Electric Vehicles (PHEVs) or pure Electric Vehicles (EVs). The analysis is based on central forecasts of oil price, electricity. However, as EV and PHEV prices gradually reach. Scenario 1.

PHEV 210

PHEV Oil Prices Australia Price 210

Green Car Congress

AUGUST 25, 2015

OPEC next gathers December 4 in Vienna, just over a year since Saudi Oil Minister Ali Al-Naimi announced at the previous OPEC winter meeting the Saudi decision to let the oil market determine oil prices rather than to continue Saudi Arabia's role of guarantor of $100+/bbl oil.

Saudi Arabia 150

Saudi Arabia Russia Oil 2015 150

Green Car Congress

JANUARY 13, 2011

Electrification will also reduce oil dependence, providing foreign policy benefits and the potential to reduce real oil prices and oil price volatility. Technology agnostics avoid picking technology winners and prefer policies that internalize external cost and establish a level playing field among technologies.

Transportation 252

Transportation MIT Oil Prices Oil 252

Green Car Congress

NOVEMBER 9, 2010

We would expect that new reserves of conventional and unconventional oil may become available for exploration due to geological exploration and advances in oil extraction techniques or that extraction from less feasible oil fields becomes more economically attractive. All of these factors would change our predicted outcome.

Davis 300

Davis Renewable Gasoline Market 300

Green Car Congress

JUNE 7, 2017

MARKAL was developed in a cooperative multinational project over a period of almost two decades by the Energy Technology Systems Analysis Programme (ETSAP) of the International Energy Agency. In the future, these emissions are expected to decline as electricity sector emissions are reduced and manufacturing processes become more efficient.

Emissions 150

Emissions Economy Gasoline-Electric Coal 150

Green Car Congress

OCTOBER 6, 2015

The Saudi decision to let the market set prices and to pursue market share, has led to steep declines in crude and petroleum product prices. The decision also has impacted natural gas export prices negatively, since, for Russia's long-term supply agreements, they wholly or partially are indexed to oil prices.

Russia 150

Russia Saudi Arabia Iran Iraq 150

Green Car Congress

FEBRUARY 19, 2015

It may be difficult to look beyond the current pricing environment for oil, but the depletion of low-cost reserves and the increasing inability to find major new discoveries ensures a future of expensive oil. However, now that oil prices are so low, oil companies have no room to boost spending.

Oil Prices 150

Oil Prices Oil Price Iraq 150

Green Car Congress

NOVEMBER 7, 2011

Global demand for oil may well peak before 2020, falling back to levels significantly below 2010 demand by 2035, according to a multi-client research study conducted by Ricardo Strategic Consulting launched in June 2011 in association with Kevin J. Oil demand growth will have its limits in every country. Lindemer LLC.

Oil 210

Oil 2010 2020 Global 210

Green Car Congress

FEBRUARY 15, 2012

In a new study, KPMG International has identified 10 “megaforces” that will significantly affect corporate growth globally over the next two decades. High oil prices continue to affect consumer behavior, and concerns about climate change and reliance on oil are likely to increasingly shape policy. Source: KPMG.

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Climate Change Water Climate Global 310

Green Car Congress

DECEMBER 5, 2012

Biofuels grow at a slower rate due to lower crude oil prices and. The decline reflects increased domestic production of both petroleum and natural gas, increased use of biofuels, and lower demand resulting from the adoption of new vehicle fuel efficiency standards and rising energy prices. Biomass and biofuels growth is slower.

Fuel 225

Fuel Energy Sale 2013 225

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. candidate in economics with a specialization in international finance and environmental economics.

Electric Cars 150

Electric Cars Batteries Battery Market 150

Green Car Congress

NOVEMBER 25, 2009

Projected output of the Clinton Project is a maximum 13,000 barrels of diesel per day (15,800 barrels of oil equivalent per day or 5.3 Syngas projects about a 10% ROI at US$60/barrel of crude, which higher returns at higher oil prices. The Project is located 120 km north west of Adelaide, in South Australia.

Coal 218

Coal Australia Diesel Oil Prices 218

Setec Powerr

SEPTEMBER 30, 2022

Electrification and hydrogen fuel may become mainstream in the future. A few days ago, Kenworth executives said in a speech at the headquarters that the brand will continue to invest in pure electric and hydrogen-powered trucks to meet the market challenges brought about by future truck innovations.

Hydrogen 98

Hydrogen Kenworth Energy Future 98

Green Car Congress

OCTOBER 5, 2009

For example, while increasing demand for corn for ethanol contributed to higher corn prices, thereby providing economic incentive for some corn producers, they also increased feed costs for livestock producers. However, future movement toward cellulosic feedstocks could reduce some of these effects. Department or Agency-level) action.

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Tax Credit Industrial Industry Tax 170