Green Car Reports
APRIL 27, 2016
Oil-rich Saudi Arabia is now starting to contemplate a future in which gasoline and diesel now longer power the majority of the world's cars. Over the next decade and a half, it hopes to transition its economy away from oil, largely by investing today's oil revenues in other industries.
Energy Institute at HAAS
DECEMBER 12, 2022
A wild recent day for oil prices demonstrates OPEC’s enduring influence. Last week Saudi Arabia announced that it will reach $300+ billion in government revenues for 2022. Oil prices were … Continue Reading Oil Price Fluctuations and the Power of OPEC.
CleanTechnica EVs
SEPTEMBER 1, 2023
On the Monday before the Labor Day weekend, August 28, 2023, the retail price of regular gasoline averaged $3.81 Over the past five weeks, oil production cuts by Saudi Arabia, low U.S. gasoline inventories, and announced refinery maintenance in the Northeast have increased the regular gasoline retail price […]
Green Car Congress
AUGUST 3, 2022
In the International Energy Agency’s (IEA) June 2022 Oil Market Report, the IEA expects net global refining capacity to expand by 1.0 The new refinery projects would increase production of refined products, such as gasoline and diesel, and in turn, they might reduce the current high prices for these products. million b/d in 2023.
Green Car Congress
OCTOBER 23, 2020
of GDP in China to nearly 6% of GDP in Saudi Arabia, where, despite two cycles of price hikes, 60% of the cost of energy products and services continued to be borne by the state. Saudi Arabia, for example, has “successfully reduced its long-standing discounts on fossil fuels, which, compounding over four decades, made it the world No.
Green Car Congress
SEPTEMBER 6, 2023
Testing of the surrogate eFuels by Stellantis covers tailpipe emissions, startability, engine power, reliability endurance, oil dilution, fuel tank, fuel lines and filters, as well as fuel performance in extreme cold and hot temperatures.
Green Car Congress
APRIL 20, 2013
Crude oil imports from the top five foreign suppliers to the United States—which in 2012 were Canada, Saudi Arabia, Mexico, Venezuela, and Iraq, in that order—accounted for almost 72% of total US net crude oil imports, the highest proportion since 1997, according to the US Energy Information Administration (EIA).
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