Green Car Congress

OCTOBER 26, 2017

Oil prices appear to be stuck in the $50s per barrel, but that doesn’t mean there aren’t serious supply risks to the market. The threat of an outage will carry more weight as the oil market tightens. Iran probably won’t pose a supply risk to the market, at least not this year. by Nick Cunningham for Oilprice.com. bank Citi said.

Oil Prices 170

Oil Prices Oil Libya Iran 170

Green Car Congress

JUNE 13, 2012

Coal’s market share of 30.3% Global energy consumption grew by 2.5% globally, and 8.4% Fossil fuels still dominated energy consumption with 87% market share, while renewables rose fastest but are still only 2% of the global total. of global energy use, losing share for 12 consecutive years. Source: BP.

Coal 261

Coal Oil Renewable Saudi Arabia 261

Green Car Congress

NOVEMBER 2, 2020

Sentyurin also acknowledged the role of Turkmenistan as one of the founders of the Forum, the 20 member countries of which today represent 71% of proven gas reserves, 45% of its marketed production, 53% of pipeline, and 60% of LNG exports across the world.

Turkmenistan 170

Turkmenistan Equatorial Guinea United Arab Emirates Gas 170

Green Car Congress

JULY 16, 2017

The skepticism shown by a majority of financial analysts and oil commentators about the real threat to global oil (and gas) production volumes was countered by the news that the production at Saudi Aramco’s main offshore oil field, Manifa, has been hit by technical problems. Amin Nasser’s aim is to go beyond global oil markets.

Oil 186

Oil Libya Nigeria Qatar 186

Green Car Congress

DECEMBER 23, 2016

Even taking into account some cheating, WoodMac concludes that a 75 percent compliance rate with the promised cuts would get the markets to that price level. The US dollar is at its strongest level in nearly a decade, which will weigh on global crude oil demand. Of course, OPEC cheating is a possibility.

Oil Prices 150

Oil Prices Libya Oil Nigeria 150

Green Car Congress

JULY 11, 2016

million b/d, as production in Nigeria and Libya tentatively recovered along with steady increases for Saudi Arabia and Iran, according to an S&P Global Platts survey of OPEC and oil industry officials. —Eklavya Gupte, senior editor for S&P Global Platts. In addition, domestic refining also picked up.

Saudi Arabia 150

Saudi Arabia 2008 Iran Niger 150

Green Car Reports

FEBRUARY 28, 2011

Turmoil in Libya is making global oil markets nervous. That means higher gasoline prices. Cue the creeping unease and outright fear that Our American Way Of Life May Be In Peril. Well, it's Monday morning, and we have a brisk message for our U.S. readers: Shut up and stop whining.

Libya 153

Libya Oil Gasoline Gas 153

Green Car Congress

JUNE 23, 2011

US Energy Secretary Steven Chu announced today that the US and its partners in the International Energy Agency will release a total of 60 million barrels of oil onto the world market over the next 30 days to offset the disruption in the oil supply caused by unrest in the Middle East.

Oil 186

Oil Libya Legal Supplies 186

Green Car Congress

APRIL 6, 2011

In addition to the United States, this group includes Canada, Mexico, China, Australia, Libya, Algeria, Argentina, and Brazil. The second group is those countries that already produce substantial amounts of natural gas and also have large shale resources. A hat-tip to John!

Gas 210

Gas Global Argentina United States 210

Green Car Congress

APRIL 10, 2015

With its headquarters in Vienna, Austria, one of the mandates of 12-member OPEC is to “ensure the stabilization of oil markets in order to secure an efficient, economic and regular supply of petroleum to consumers, a steady income to producers, and a fair return on capital for those investing in the petroleum industry.” Nigeria’s dilemma.

Saudi Arabia 150

Saudi Arabia Venezuela Iran Nigeria 150

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. Market” forces include many components. percentage points.

Saudi Arabia 150

Saudi Arabia Russia Oil 2015 150

Green Car Congress

JUNE 20, 2012

While the Department of Defense (DoD) is one of the world’s largest fuel users, its consumption of about 340,000 bpd is a small fraction (less than one-half of 1 percent) of global petroleum demand. In the lead report, Bartis notes that global oil supplies are finite and thus, at some point, oil production must peak.

Price 225

Price Turkey Oil-Sands Fuel 225

Green Car Congress

OCTOBER 6, 2015

Control over the transportation assets in this region together with vast gas reserves make Russia the key element of this new market.”. 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 emergence of the U.S.,

Russia 150

Russia Saudi Arabia Iran Iraq 150

Green Car Congress

JUNE 23, 2016

The argument emerged that having contributed to the collapse of world oil prices, US LTO was the new global swing producer, replacing OPEC leader Saudi Arabia in that role. The collapse of the American rig count and subsequent decline in LTO output has indeed contributed mightily to rebalancing world oil markets.

Oil Prices 150

Oil Prices Oil Price Oil-Sands 150

Green Car Congress

JULY 28, 2018

As the Fed tightens rates and pushes up the dollar, emerging market currencies suffer from sudden shocks, sometimes severe. As capital flees some of these emerging markets and flows into safe haven assets, such as the U.S. As capital flees some of these emerging markets and flows into safe haven assets, such as the U.S.

Oil Prices 170

Oil Prices Oil Price South Africa 170

Drive Electric

AUGUST 9, 2022

While 80% of EV drivers globally charge their EV at home which can be done from inside your garage or carport with appropriate safety in place, there is still a need for public charging infrastructure. In 2021, Global EV purchases jumped to 6.6 So, how much lithium is available globally, and will this become an issue?

Environment 98

Environment Electric Vehicles New Zealand Vehicles 98

Drive Electric

AUGUST 9, 2022

While 80% of EV drivers globally charge their EV at home which can be done from inside your garage or carport with appropriate safety in place, there is still a need for public charging infrastructure. In 2021, Global EV purchases jumped to 6.6 So, how much lithium is available globally, and will this become an issue?

Environment 52

Environment Electric Vehicles New Zealand Vehicles 52