CleanTechnica EVs
MARCH 22, 2022
As Ukraine weathers a continued Russian invasion, sanctions are causing high oil prices, resulting in high gas costs at the pump for consumers. According to Oil Price.com, the event has many wondering if high gas prices could further accelerate Tesla’s rising stock prices and the overall adoption of electric vehicles.
Green Car Congress
APRIL 20, 2022
EIA expects higher fuel prices this summer as a result of higher crude oil prices. Crude oil prices have generally risen since the start of the year partly as a result of geopolitical developments, particularly Russia’s war against Ukraine. Greater demand will contribute to higher crude oil prices.
Green Car Congress
JANUARY 11, 2023
The year 2022 was marked by the emergence of longer-term economic repercussions of the COVID-19 pandemic and an unexpected war in Eastern Europe that caused turmoil in energy markets. Industrial production was affected by supply chain turmoil and rising oil prices, leading to higher production and shipping costs.
Green Car Congress
JUNE 2, 2022
The reason is that, in the United States, oil is used to generate less than 1% of electricity. Therefore, the recent jump in oil prices (because of the war in Ukraine), should have only a relatively small indirect effect on the cost of electricity.
Green Car Congress
MAY 24, 2022
Prices of distillate fuels change with the price of crude oil and with developments specific to distillate product markets. In 2022, both low global distillate fuel inventories and high crude oil prices have been contributing to higher global distillate prices.
Green Car Congress
FEBRUARY 28, 2022
Russia’s attack on Ukraine is an act of aggression which is having tragic consequences across the region. Like so many, I have been deeply shocked and saddened by the situation unfolding in Ukraine and my heart goes out to everyone affected. bp has operated in Russia for over 30 years, working with brilliant Russian colleagues.
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 land-based oil distribution network is smaller, but also important. from a market for Russian crude and natural gas (via LNG) to a global competitor. The emergence of the U.S.,
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