Green Car Congress

NOVEMBER 7, 2019

US shale production—the chief source of rapid growth that made the United States the world’s largest oil producer—is slowing down fast, says a new report by IHS Markit. It all represents the strongest headwinds for shale producers since the oil price collapse in 2015. —Raoul LeBlanc.

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Oil Price Oil Prices Production 170

Green Car Congress

APRIL 15, 2017

shale has thrown in another unknown in the mix of factors driving the price of oil. This year, shale output forecasts combine with OPEC’s production cuts, geopolitical factors, and unexpected outages to further complicate supply/demand and oil price forecasts by Wall Street’s major investment banks. In recent years, U.S.

Oil 150

Oil Supplies Oil Prices 2017 150

Green Car Congress

MARCH 13, 2016

Argentina offers one of the few places on earth where oil companies are not suffering from the full force of the collapse in prices. Argentina regulates oil prices, a policy originally intended to insulate the public from the whims of the market, protecting people from triple-digit crude prices.

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Argentina Oil Oil Prices Chevron 150

Green Car Congress

JANUARY 19, 2022

The International Council on Clean Transportation (ICCT) has released a report prepared by the consultancy Cerulogy that explores the potential market and environmental impacts of increased capacity for renewable diesel produced by hydrotreating oils and fats in the US. —from the report, “Animal, vegetable or mineral (oil)?”.

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Renewable Diesel Production Oil 243

Green Car Congress

NOVEMBER 15, 2014

Despite what appears to be a saturated oil market in 2014, oil producers around the world will struggle to meet rising demand over the next few decades. Global oil demand is expected to increase by 37 percent by 2040, with a dominant proportion of that coming from developing countries—i.e. China and India.

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Oil Iraq Oil-Sands Supplies 257

Green Car Congress

OCTOBER 7, 2021

Liquid fuels remain the largest source of energy consumption, driven largely by the industrial and transportation sectors. Oil and natural gas production will continue to grow, mainly to support increasing energy consumption in developing Asian economies. —Stephen Nalley. —Stephen Nalley.

Global 259

Global Energy Emissions Asia 259

Green Car Congress

MARCH 3, 2017

The oil majors reported poor earnings for the fourth quarter of last year, but many oil executives struck an optimistic tone about the road ahead. The collapse of oil prices forced the majors to slash spending on exploration, cut employees, defer projects, and look for efficiencies. by Nick Cunningham of Oilprice.com.

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Oil 2011 Oil Prices Chevron 150

Green Car Congress

JUNE 27, 2012

World oil production capacity to 2020 (crude oil and NGLs, excluding biofuels). Oil production capacity is surging in the United States and several other countries at such a fast pace that global oil output capacity could grow by nearly 20% from the current 93 million barrels per day to 110.6

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Oil Oil-Sands Price Production 261

Green Car Congress

NOVEMBER 6, 2015

One casualty of the oil price downturn could be the megaproject. For years, as conventional oil reserves depleted and became increasingly hard to find, oil companies ventured into far-flung locales to find new sources of production. The collapse of oil prices, however, could kill off the megaproject.

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Oil Oil-Sands Saudi Arabia Oil Prices 150

Green Car Congress

MARCH 11, 2019

New research released by NTEA – The Association for the Work Truck Industry confirms that fleets across the country are increasingly relying on biodiesel for their existing and new diesel vehicles. It is highly likely that clean energy solutions will remain relevant due to oil price instability.

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Purchase Fleet 2019 Diesel 207

Green Car Congress

AUGUST 6, 2015

A flood of bearish news has pushed down oil prices to their lowest levels in months, with WTI nearing $45 per barrel and Brent flirting with sub-$50 territory. With a bear market back, there is pessimism throughout the oil markets. Also, the ban on oil exports kept oil stuck within US borders.

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Oil Prices Oil United States North America 150

Green Car Congress

JANUARY 16, 2012

United States M&A activity for upstream oil and gas deals set records in 2011 for both deal values and deal counts, according to PLS, Inc., a provider of information, marketing and advisory services for the oil and gas industry. We expect continued strong activity in oil and liquids-rich resource plays in 2012.

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El Paso 2011 Oil Gas 225

Green Car Congress

AUGUST 27, 2013

The world’s consumption of gasoline, diesel fuel, jet fuel, heating oil, and other petroleum products reached a record high of 88.9 The rapidly industrializing economies of China and India fueled much of Asia’s demand increase, growing 2.8 Year-on-year changes in petroleum consumption by region. million bbl/d. North America.

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North America 2012 America Europe 261

Green Car Congress

DECEMBER 16, 2013

Energy consumption by light-duty vehicles in the United States, AEO2013 and AEO2014, 1995-2040 (quadrillion Btu). Domestic crude oil production increases sharply in the AEO2014 Reference case, with annual growth averaging 0.8 Industrial shipments are expected to grow at 3.0% quadrillion Btu in 2012 to 12.1 Source: EIA.

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Oil Light Energy Vehicles 290

Green Car Congress

FEBRUARY 12, 2019

CAR said that a number of positive factors support a high level of US light vehicle sales, including: Projected moderate US economic output growth in 2019; Historically low US unemployment rates; Relatively low oil prices continue through 2020; Underlying nominal wage growth continues; High levels of consumer confidence were reached in Q4 2018; and.

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2019 Light Sale Vehicles 170

Green Car Congress

NOVEMBER 4, 2019

in 2018, driven in large part by the People’s Republic of China, India and the United States, which were responsible for 70% of demand growth. In the United States, primary demand increased for the first time since 2014. In the United States, primary intensity worsened for the first time in more than 25 years.

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Global Energy 2018 Coal 150

Green Car Congress

DECEMBER 22, 2013

biofuel made from cellulose, algae, duckweed, or cyanobacteria) could mitigate the current elevated risk of investing in the industry that is retarding its advance, according to a new paper by a team from the International Council on Clean Transportation (ICCT) and Johns Hopkins University. Miller et al. Click to enlarge. —Miller et al.

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Tax Tax Credit Industrial Industry 262

Baua Electric

APRIL 28, 2024

Analysts say rising oil prices benefited the company’s petrochemical business, helping to offset losses from its battery unit SK On, which has been facing weaker electric vehicle (EV) battery demand. 5 crude distillation unit (CDU) in the second quarter. Shares in SK Innovation, which rose as much as 6.4%

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Auto Batteries Battery South Korea 52

Green Car Congress

AUGUST 31, 2011

High oil prices, a global economic rebound, and new laws and mandates in Argentina, Brazil, Canada, China, and the United States, among other countries, are all factors behind the surge in production, according to research conducted by the Worldwatch Institute’s Climate and Energy Program for the website Vital Signs Online.

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2010 Brazil Global Argentina 256

Green Car Congress

JULY 25, 2013

The Brent crude oil spot price averaged $112 per barrel in 2012, and EIA’s July 2013 Short-Term Energy Outlook projects averages of $105 per barrel in 2013 and $100 per barrel in 2014. In the Reference case, all the growth in liquids use is in the transportation and industrial sectors. Liquid fuels.

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2010 Transportation Fuel Energy 317

Green Car Congress

APRIL 14, 2015

The Annual Energy Outlook 2015 (AEO2015) released today by the US Energy Information Administration (EIA) projects that US energy imports and exports will come into balance—a first since the 1950s—because of continued oil and natural gas production growth and slow growth in energy demand. —EIA Administrator Adam Sieminski.

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2020 Energy Transportation Oil Prices 150

Green Car Congress

OCTOBER 25, 2015

October has been billed as a pivotal month in which indebted shale companies would see their credit lines cut, precipitating a faster consolidation in the industry that would sow the seeds of a rebound. It may just delay the adjustment for oil markets. “It The ratings agency cut its forecasted oil price for 2016 to just $48 per barrel.

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Saudi Arabia Oil Prices Oil Russia 150

Green Car Congress

APRIL 1, 2015

The question today is just how much Argentina is willing to change and how this plays into a low oil price environment that is already negatively impacting investment elsewhere. This translates to an estimated 802 trillion cubic feet of technically recoverable shale gas and 27 billion barrels of oil.

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Argentina Oil Oil Prices Environment 150

Green Car Congress

SEPTEMBER 20, 2011

In addition to technological advances, price developments play a key role in determining overall energy usage, Worldwatch notes. World crude oil prices more than tripled between 2004 and 2008—the fastest rise since the oil crisis of the late 1970s—contributing to the sharp decline in energy intensity during that period.

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2010 Global Energy 2008 246

Green Car Congress

APRIL 11, 2017

In its latest Short-Term Energy Outlook (STEO), the US Energy Information Administration (EIA) projects that US crude oil production, which averaged an estimated 8.9 EIA also projects that consumption of distillate fuel—diesel fuel and heating oil—will average 3.9 million barrels per day (b/d) in 2016, will average 9.2

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Gasoline Gasoline-Electric Production Oil 150

Green Car Congress

JULY 20, 2012

savings stimulated by high oil prices led to a decrease of 3% in CO 2 emissions in the European Union and of 2% in both the United States and Japan. tonnes per capita—within the range of 6 to 19 tonnes per capita emissions of the major industrialized countries. the United States (16%).

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2011 Emissions CO2 Global 236

Green Car Congress

MAY 24, 2012

Coal accounted for 45% of total energy-related CO 2 emissions in 2011, followed by oil (35%) and natural gas (20%). India’s emissions rose by 140 Mt, or 8.7%, moving it ahead of Russia to become the fourth largest emitter behind China, the United States, and the European Union. This represents an increase of 1.0

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2011 Emissions Global CO2 230

Green Car Congress

NOVEMBER 12, 2012

The WEO finds that the extraordinary growth in oil and natural gas output in the United States will mean a sea-change in global energy flows. In the New Policies Scenario, the WEO ’s central scenario, the United States becomes a net exporter of natural gas by 2020 and is almost self-sufficient in energy, in net terms, by 2035.

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Global 2012 Energy Oil 225

Green Car Congress

FEBRUARY 5, 2014

On the drop-in side, major stakeholders such as the airline industry and US DOD will continue to spur development of the technology, driving the price per gallon down to competitive levels. Navigant projects the global biodiesel market will grow from 6.9 BGPY in 2013 to almost 12.2

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Global Market Fuel Brazil 231

Green Car Congress

DECEMBER 5, 2012

AEO2013 offers a number of other key findings, including: Crude oil production , especially from tight oil plays, rises sharply over the next decade. Domestic oil production will rise to 7.5 The United States becomes a net exporter of natural gas earlier than estimated a year ago. Overall findings. than in AEO2012.

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Fuel Energy Sale 2013 225

Green Car Congress

DECEMBER 15, 2016

With a nameplate capacity of 100 tons/year, the demo plant will allow the conversion of various resources (industrial-grade sugar from beets and cane, glucose syrup from cereals, second-generation sugars extracted from wheat straw, bagasse, wood chips…), into high-purity isobutene. Earlier post.).

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Global Green Production Convert 150

Green Car Congress

OCTOBER 27, 2010

While barely a drop in the bucket for biofuels, Pike says, this represents a compound annual growth rate (CAGR) of 72%, roughly on par with early development in the biodiesel industry. Pike Research anticipates that, with 50% of all algae activity, the United States is poised to ramp up production the earliest among world markets.

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2020 Production Water Oil Prices 319

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. billion vs. $1.6 billion to $3.5)

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Saudi Arabia Russia Oil 2015 150

Green Car Congress

MARCH 2, 2013

The US Department of State (DOS) has released its Draft Supplemental Environmental Impact Statement (SEIS) in response to TransCanada’s May 2012 application for the Keystone XL pipeline that would run from Canada’s oils sands in Alberta to Nebraska. The pipeline would primarily transport crude oil from the WCSB and Bakken regions.

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Climate Change Oil-Sands Nebraska Climate 250

Green Car Congress

APRIL 9, 2010

The Inforum LIFT model is a detailed economic forecasting model, which captures, among other things, the effects of purchases and sales between industries. Employment in the motor vehicle industry (including motor vehicle parts) would be about 106,000 jobs higher than the base. Oil Imports. billion fewer barrels of foreign oil.

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Grid Vehicles 2008 Oil 186

Green Car Congress

JANUARY 13, 2011

Currently, petroleum almost exclusively fuels the United States (US) transportation system. Electrification will also reduce oil dependence, providing foreign policy benefits and the potential to reduce real oil prices and oil price volatility. of carbon dioxide (CO 2 ) emissions in the US.

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Transportation MIT Oil Prices Oil 252

Green Car Congress

FEBRUARY 3, 2015

in 2014 as a result of industrial overcapacity and weakness in the real estate sector. million units, aided with increased auto finance penetration, fast dealership expansion and government vehicle scrappage programs. million units. million units; a 27% decline over 2014 and nearly 40% (1.2 from last year.

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2015 Light Market Global 150