Green Car Congress
JUNE 1, 2016
“It might be that we see quite a dramatic reduction in replacing the capacity and of course that will have an impact, eventually, on price.”. Oil companies are making painful cuts to spending, which will translate into much lower production than expected in the years ahead. When oil prices go up, people buy fuel efficient cars.
Green Car Congress
NOVEMBER 17, 2017
A University of Washington team is trying to make poplar an economically viable biofuel feedstock by testing the production of younger poplar trees that could be harvested more frequently—after only two or three years—instead of the usual 10- to 20-year cycle. Chang Dou/University of Washington. Click to enlarge.
Green Car Congress
JANUARY 5, 2019
In 5 of the 10 cities for which EIA collects weekly retail price data, gasoline prices exceeded $3.00/gal Rising crude oil prices and high levels of gasoline demand contributed to rising gasoline prices from January through May. Average prices for the entire East Coast region moved within a range of $2.25/gal
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. Low oil prices will sooner or later force a cutback in production.
Green Car Congress
AUGUST 7, 2015
Many oil companies had trimmed their budgets heading into 2015 to deal with lower oil prices. But the collapse of prices in July—owing to the Iran nuclear deal, an ongoing production surplus, and economic and financial concerns in Greece and China—have darkened the mood. by Nick Cunningham of Oilprice.com.
Green Car Congress
JULY 13, 2016
Because of this, the collective US shale industry has been likened to the new “swing producer”: low oil prices force quick cutbacks but higher prices trigger new supplies. In essence, shale could balance the market in the way OPEC used to. Nick Cunningham is a Washington DC-based writer on energy and environmental issues.
Green Car Congress
JUNE 20, 2011
The US Environmental Protection Agency (EPA) is hosting its 16 th annual Presidential Green Chemistry Challenge Award ceremony tonight in Washington, DC. Separately, a new report by Pike Research forecasts that green chemistry represents a market opportunity that will grow from $2.8 billion pound, $3-billion worldwide market.
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