Green Car Congress
APRIL 5, 2023
EIA projects that the United States will continue to be an integral part of global oil markets and a significant source of supply in these cases, as increased exports of finished products support US production. It also assumes the Brent crude oil price reaches $101 per barrel (b) (in 2022 dollars) by 2050.
Teslarati
FEBRUARY 25, 2022
Tesla’s ( NASDAQ: TSLA ) plans to expand its production capacity, along with other factors like surging oil prices that could sway consumers to electric vehicles, have contributed to Daiwa Securities analysts upgrading their outlook on the automaker’s stock.
Green Car Congress
MAY 24, 2017
As oil prices remain unsteady and OPEC continues to make headlines every hour, the world is focused on oil’s immediate future. With this kind of impending discrepancy between supply and demand, the industry needs to start looking for new sources of oil, and quickly. by Haley Zaremba for Oilprice.com.
Green Car Congress
DECEMBER 5, 2014
The oil and gas boom in the United States was made possible by the extensive credit afforded to drillers. For investors, this offers the opportunity for high yield, which is why hundreds of billions of dollars helped finance companies in disparate parts of the country looking to drill in shale. trillion junk-bond market.
Green Car Congress
MAY 11, 2022
Despite the increases in production, EIA expects the Brent crude oil price to remain above $100 per barrel this year, according to the agency’s May 2022 Short-Term Energy Outlook (STEO). The Henry Hub natural gas price will average $8.59 of US electricity generation this summer, up from 9.6% in summer 2021.
Green Car Congress
MARCH 13, 2015
It is estimated that for every penny gas goes down, consumers collectively save $1 billion. The question begs then, has that money shown up in other parts of the economy? As of last week, according to Baker Hughes, there are 687 fewer rigs drilling for oil than the peak of last October, now up to a 43% decline.
Green Car Congress
DECEMBER 30, 2015
OPEC says that $10 trillion worth of investment will need to flow into oil and gas through 2040 in order to meet the world’s energy needs. 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.
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