Green Car Congress

APRIL 6, 2017

On a global level, 2015 and 2016 marked the lowest level of new conventional oil discoveries since 1952. billion barrels of conventional oil were discovered, roughly 45 days of global crude consumption or 0.2 Russia’s Oil Production 1970-2020 and Russia’s Deep-Hole Oil & Gas Exploration Drilling. In 2016, only 3.7

Russia 150

Russia Oil 2016 Oil Prices 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)?”.

Renewable 243

Renewable Diesel Production Oil 243

Green Car Congress

JULY 18, 2020

More specifically, reliably projecting the oil demand, a critical leading indicator of the state of the US economy, is beneficial to related business activities and investment decisions. However, few studies have quantified and forecast the oil demands under multiple pandemic scenarios, and this research is desperately needed.

Gasoline 505

Gasoline Motor Motors Motoring 505

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.

Oil 150

Oil Oil-Sands Saudi Arabia Oil Prices 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.

El Paso 225

El Paso 2011 Oil Gas 225

Green Car Congress

SEPTEMBER 20, 2011

World oil prices remain high in the IEO2011 Reference case, but oil consumption continues to grow; both conventional and unconventional liquid supplies are used to meet rising demand. In the IEO2011 Reference case the price of light sweet crude oil (in real 2009 dollars) remains high, reaching $125 per barrel in 2035.

Oil-Sands 220

Oil-Sands Oil 2008 Oil Prices 220

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.

2020 150

2020 Energy Transportation Oil Prices 150

Green Car Congress

DECEMBER 4, 2016

BP has sanctioned the $9-billion Mad Dog Phase 2 project in the United States, despite the current low oil price environment. Oil production is expected to begin in late 2021. Oil production is expected to begin in late 2021. In 2013, BP (operator, with 60.5% —Bob Dudley, BP Group Chief Executive.

Mexico 150

Mexico Chevron Oil Oil Prices 150

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. Non-petroleum liquids resources from both OPEC and non-OPEC sources grow on average by 3.7% Liquid fuels. million barrels per day.

2010 317

2010 Transportation Fuel Energy 317

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 With domestic crude oil production rising to 9.5 quadrillion Btu in 2012 to 12.1 Source: EIA.

Oil 290

Oil Light Energy Vehicles 290

Green Car Congress

MAY 24, 2009

Oil sands supply chain. A new report from the Council on Foreign Relations (CFR)— The Canadian Oil Sands: Energy Security vs Climate Change — claims that prudent greenhouse gas regulations can limit emissions from Canadian oil sands while still enabling robust development of the energy resource. Source: Levi 2009.

Oil-Sands 150

Oil-Sands Climate Change Oil Climate 150

Green Car Congress

JANUARY 23, 2012

It also assumed implementation of existing regulations that enable the building of new energy infrastructure and resource extraction. Under the Reference case, domestic crude oil production is expected to grow by more than 20% over the coming decade; already, domestic crude oil production increased from 5.1

Oil 210

Oil 2005 Production 2010 210

Green Car Congress

JULY 26, 2013

The price disparity between crude oil and other resources, coupled with the emergence of cheap and abundant shale gas, especially in the United States, is opening up opportunities to produce cheaper gasoline, according to a new report from Lux Research.

Waste 236

Waste Gasoline Gas Fuel 236

Green Car Congress

APRIL 1, 2015

Still, with a resource potential both vast and untapped, the nation has never been far from energy investors’ minds. 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.

Argentina 150

Argentina Oil Oil Prices Environment 150

Green Car Congress

JUNE 20, 2012

However, the US military can play an important role in promoting stability in major oil producing regions and by helping protect the flow of energy through major transit corridors and on the high seas, the reports suggest. Earlier post.). Unless addressed, pipeline security issues will impede investment in Turkey, Bartis suggested.

Price 225

Price Oil-Sands Turkey Fuel 225

Green Car Congress

OCTOBER 16, 2011

Uncertainty range of the aviation GHG emissions under the High Oil price scenario (the most optimistic for biojet adoption), given in a box plot depicting the minimum, quartile, and maximum values. The model uses three price scenarios: low oil, reference and high oil. Credit: ACS, Agusdinata et al.

Emissions 225

Emissions Oil Prices 2005 Fuel 225

Green Car Congress

FEBRUARY 23, 2017

Similar to how ethanol is currently blended into motor gasoline in the United States, methanol is blended into gasoline in China. China has abundant coal resources, and for more than a decade the country has increased its capacity to manufacture methanol using coal as a feedstock.

2000 150

2000 2016 Fuel China 150

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.

Global 225

Global 2012 Energy Oil 225

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. The United States remain one of the largest emitters of CO2, with 17.3 the United States (16%). tonnes per capita. the European Union (11%).

2011 236

2011 Emissions CO2 Global 236

Green Car Congress

MAY 26, 2009

The brief concentrates on six topics: climate change policy, carbon capture and storage policy, oil security policy, energy-technology innovation policy, electricity market structure, and infrastructure policy. The United States cannot afford to wait any longer to enact long-term policies on these topics. Oil security policy.

Energy 150

Energy Price Oil Prices Climate Change 150

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.).

Global 150

Global Green Production Convert 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. billion vs. $1.6 billion to $3.5)

Saudi Arabia 150

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.

Climate Change 250

Climate Change Oil-Sands Nebraska Climate 250

Green Car Congress

OCTOBER 27, 2010

Pike Research anticipates that, with 50% of all algae activity, the United States is poised to ramp up production the earliest among world markets. Both regions will benefit from rapidly expanding biofuels markets, ample land and water resources, and cheap labor, Pike suggests. Algae’s ultimate threat is over-hype.

2020 319

2020 Production Water Oil Prices 319

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.

Fuel 225

Fuel Energy Sale 2013 225

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.

Transportation 252

Transportation MIT Oil Prices Oil 252

Green Car Congress

DECEMBER 22, 2013

Using publicly available financial data, they applied investment analysis tools (the capital assets pricing model, CAPM) that are generally not applied to this space in order to develop a more rigorous understanding of the investment risk in the industry. —Miller et al.

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Tax Tax Credit Industrial Industry 262

Green Car Congress

FEBRUARY 3, 2010

The complaint makes a number of charges, including that the California LCFS violates the Commerce Clause and the Supremacy Clause of the United States Constitution. It will protect us from volatile oil prices and provide consumers with cleaner fuels and provide the nation with greater energy security. Earlier post.).

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California Oil-Sands Oil 2005 199

Green Car Congress

JULY 14, 2009

In two other scenarios considered, a high oil price scenario (using EIA projections) and a battery swap operator-subsidzied scenario, EV new vehicle sales penetration reaches 85% and 86% respectively by 2030. Electric Cars in the United States: A New Model with Forecasts to 2030” was written by Thomas Becker, a Ph.D.

Electric Cars 150

Electric Cars Batteries Battery Market 150

Green Car Congress

OCTOBER 25, 2009

The focus of the work was on alternative jet fuels that could be available commercially in the next decade using primarily North American resources. Canadian oil sands and Venezuelan VHOs have the largest potential of several hundred thousand barrels per day of jet fuel, but their use would result in increased GHG emissions.

MIT 250

MIT Oil-Sands Commercial Available 250

Green Car Congress

APRIL 9, 2010

Oil Imports. US crude oil and petroleum product imports would fall sharply, by 3.2 Cumulatively, between 2010 and 2030, the United States would import nearly 11.9 billion fewer barrels of foreign oil. Global Demand for Oil. World demand for oil would fall, leading to lower world oil prices.

Grid 186

Grid Vehicles 2008 Oil 186

Green Car Congress

AUGUST 30, 2009

The oil price shocks of the 1970s led the Brazilian government to address the strain high prices were placing on its fragile economy. Brazil, the largest and most populous country in South America, was importing 80% of its oil and 40% of its foreign exchange was used to pay for that imported oil.

Transportation 317

Transportation Fuel Renewable Gasoline-Electric 317

Green Car Congress

MAY 15, 2012

Performance in the study is measured by such metrics as: (1) required selling price of the fuel; (2) crude oil price when the process will become economically viable; (3) the Well-to-Wheels (WTW) life cycle GHG emissions profile of the diesel fuel; and (4) the water usage associated with the facility. —White and Gray.

Coal 225

Coal Diesel Oil Prices Water 225

Green Car Congress

NOVEMBER 13, 2013

China is about to become the largest oil-importing country and India becomes the largest importer of coal by the early 2020s. The US moves steadily towards meeting all of its energy needs from domestic resources by 2035. Oil use grows, but in a narrowing set of markets. Mobility and oil. Source: IEA. Click to enlarge.

Oil 275

Oil 2013 Energy Emissions 275

Green Car Congress

FEBRUARY 13, 2011

Research, an Ann Arbor, Michigan-based nonprofit research organization, is estimating the national distribution patterns of electric vehicles across the United States, and the incentive programs that will assist with the proliferation of these vehicles, over the next four years. In a new study, the Center for Automotive.

2015 236

2015 Electric Vehicles Vehicles Sale 236

Green Car Congress

SEPTEMBER 10, 2014

Crude and lease condensate includes tight oil, shale oil, extra-heavy crude oil, field condensate, and bitumen (i.e., oil sands, either diluted or upgraded). oil shale), and refinery gain. OPEC oil producers are the largest source of additional liquid fuel supply between 2010 and 2040.

Asia 341

Asia Transportation Oil-Sands Oil Prices 341

Green Car Congress

FEBRUARY 10, 2009

The study, said Robert Carling, Director, Transportation Energy Center at Sandia, represents the first true value-chain approach to assessing the feasibility, implications, limitations, and enablers of large-scale production of biofuels in the United States. 90-Billion Gallon Biofuel Deployment Study Executive Summary

GM 170

GM Production Conversion Oil Prices 170