Green Car Congress
MARCH 24, 2016
Oil prices have climbed by about 50 percent from their February lows, topping $40 per barrel. But the rally could be reaching its limits, at least temporarily, as persistent oversupply and the prospect of new shale production caps any potential price increase. by Nick Cunningham of Oilprice.com. More output is bearish.”
Green Car Congress
JUNE 27, 2012
Such an increase in capacity could prompt a plunge or even a collapse in oil prices, he suggests. Taking into consideration limitation in transportation infrastructure and refining capacity, and environmental barriers to development, the United States could still increase oil production by 3.5 Oil: The Next Revolution."
Green Car Congress
FEBRUARY 1, 2014
Over the long term, lower-than-expected oil prices could affect the outlook for oil sands production, and in certain scenarios higher transportation costs resulting from pipeline constraints could exacerbate the impacts of low prices. Rail Direct to the Gulf Coast Scenario.
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