Green Car Congress

FEBRUARY 25, 2016

Breakeven prices are hard to pin down, and harder yet because they fluctuate. OPEC governments downsize their budgets, cut social spending and put big projects on hold to lower the breakeven price. It’s probably more concerned about regaining the market share it lost under sanctions than it is about low prices.

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Saudi Arabia Oil Oil-Sands Iraq 150

Green Car Reports

SEPTEMBER 7, 2010

But you may wish you were in Caracas, Venezuela, where enormous government subsidies cut the price to a ridiculous 6 cents per gallon. What did you pay for gasoline the last time you filled up? If you're in the U.S., probably about $2.70 per gallon. Yep, six pennies.

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Eritrea Venezuela Price Gas 68

Green Car Reports

DECEMBER 23, 2013

Today on Green Car Reports: We look at what could raise fuel efficiency in the next Ford F-150 pickup truck, we run down electric motorcycle options this year, and cheer the passing of Venezuela''s soon-to-vanish gas price: 5 cents per gallon. All this and more on Green Car Reports.

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F-150 Electric Motorcycles Motorcycles Venezuela 89

Green Car Congress

APRIL 27, 2017

This sharp slowdown in activity in the conventional oil sector was the result of reduced investment spending driven by low oil prices. It brings an additional cause of concern for global energy security at a time of heightened geopolitical risks in some major producer countries, such as Venezuela, the IEA said.

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Oil 2016 Oil-Sands Global 150

Green Car Congress

FEBRUARY 3, 2015

The campaign is expected to have a long-lasting effect on premium parts/vehicle prices in China. Coupled with this, the momentum could lead to downward adjustment in premium pricing, which helps provide solid foundation for premium vehicle penetration to further increase in China in the next decade. North America. million units.

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2015 Light Market Global 150

Green Car Congress

AUGUST 9, 2013

The study also found that any absence of oil sands on the US Gulf Coast would most likely be replaced by imports of heavy crude oil from Venezuela, which has the same carbon footprint as oilsands crude. Critics cite the steep crude oil price discounts for Canadian producers in the past year as further evidence that rail is not economic.

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Venezuela Oil-Sands Oil Canada 275

Green Car Congress

MAY 23, 2016

The 2 June 2016 OPEC meeting will be held amid a backdrop of oil prices near $50 per barrel, a sharp drop in Nigerian production due to sabotage, turmoil in Venezuela, Saudi Arabia operating with a new oil minister, and Iran aggressively pumping close to pre-sanction levels.

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Saudi Arabia Iran Store Oil 150

Green Car Congress

OCTOBER 6, 2015

Even a casual glance at the IMF’s World Economic Outlook statistics for Russia shows the tight correlation since 1992 between GDP growth on the one hand and oil and gas output, exports, and prices on the other (economic series available here ). percent of GDP in 2014. Natural gas data from Gazprom). billion respectively).

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Russia Saudi Arabia Iran Iraq 150

Green Car Congress

OCTOBER 20, 2015

November 27, oil consuming countries will celebrate the first anniversary of the Saudi decision to let market forces determine prices. This decision set crude prices on a downward path. Subsequently, to defend market share, the Saudis increased production, which exacerbated market oversupply and further pressured prices.

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Russia Saudi Arabia Oil Market 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. Their share of OPEC output increased to 26.6 percent from 10.2

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Saudi Arabia Russia Oil 2015 150

Green Car Congress

JUNE 23, 2011

Chevron is taking its technology learnings from Kern River and apply them to Duri and other major heavy oil fields globally, such as Wafra in the onshore Partitioned Neutral Zone (PNZ) between Kuwait and Saudi Arabia and in the Orinoco in Venezuela. incremental oil recovered; heavy oil carries a lower market price than lighter oils.

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Chevron Oil Oil-Sands Production 244

EV Info

SEPTEMBER 23, 2021

Wind farms stand idle for days on end, a fire interrupts a vital cable from France, a combination of post-Covid economic recovery and Russia tightening supply means the gas price has shot through the roof – and so the market price of both home heating and electricity is rocketing. Climate Change.

Power 52

Power Powered Wind Coal 52

Green Car Congress

JUNE 23, 2016

The impact of rising oil prices on North American light tight oil (LTO) production is said to be a “Catch 22”, the title of Joseph Heller’s popular 1961 novel set in WWII. Too many analysts continue to believe drilling and service has the same problem with rising oil prices. by David Yager for Oilprice.com.

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Oil Prices Oil Price Oil-Sands 150

Green Cars News

JULY 13, 2009

The study predicts that electric vehicles with this type of pricing will account for 64 per cent of light vehicle sales and comprise 24 per cent of the U.S. This level of adoption is made possible by the lower purchase price and reduced per-mile driving cost of electric cars with switchable batteries as compared to gasoline-powered cars.

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Electric Cars Sale Cars Gasoline-Electric 42

Green Car Congress

NOVEMBER 20, 2016

That is because of two reasons—the size of its reserves, and the ability to use latent spare capacity to quickly adjust supply, affording it an outsized influence on crude oil prices. However, the collapse of oil prices since 2014 has pushed the Saudi budget deep into the red.

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Saudi Arabia Oil Oil Prices Russia 150

Green Car Congress

MAY 27, 2022

pled guilty in the District of Connecticut to a commodity price manipulation conspiracy. billion to resolve the government’s investigations into bribery and commodity and price manipulation. Glencore also admitted to bribery of officials in Brazil and Venezuela. The Commodity Price Manipulation Case.

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Los Angeles Equatorial Guinea Price Nigeria 199

Green Car Congress

NOVEMBER 13, 2011

But the average oil price remains high, approaching $120/barrel (in year-2010 dollars) in 2035. If, between 2011 and 2015, investment in the MENA region runs one-third lower than the $100 billion per year required, consumers could face a near-term rise in the oil price to $150/barrel. Click to enlarge. Electric vehicles.

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Oil Transportation Cheap Fleet 247

Cars That Think

JANUARY 29, 2022

Similar mismatches in supply and demand contributed to massive cascading blackouts in August 2003 in the northeastern United States and Canada, in July 2012 in India , and in March 2019 in Venezuela. The situation is unlikely to get better anytime soon, for three reasons.

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Power Grid Grid Power Powered 102

Green Car Congress

JULY 28, 2018

dollar poses an obstacle to further gains in oil prices. As Reuters points out , in dollar terms the price of Brent oil has climbed 9 percent this year, but in yuan terms oil is now nearly 14 percent more expensive. The problem for many emerging markets is that oil prices have been going up at the same time.

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Oil Prices Oil Price South Africa 170

Teslarati

MAY 25, 2022

pled guilty to several violations to the Foreign Corrupt Practices Act in relation to bribery and commodity and price manipulation. In Venezuela, Glencore paid $1.2 Tesla and General Motors material supplier Glencore and Glencore Ltd. Glencore agreed to pay over $1.1 million to third parties to secure improper business advantages.

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GM Brazil Switzerland Tesla 98

Drive Electric

AUGUST 9, 2022

With the introduction of the Clean Car Discount in 2022, the skyrocketing prices of petrol and diesel across the country and the increasing number of electric vehicles available in New Zealand, we are seeing more EVs on our roads than ever before.

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Environment Electric Vehicles New Zealand Vehicles 98

Drive Electric

AUGUST 9, 2022

With the introduction of the Clean Car Discount in 2022, the skyrocketing prices of petrol and diesel across the country and the increasing number of electric vehicles available in New Zealand, we are seeing more EVs on our roads than ever before.

Environment 52

Environment Electric Vehicles New Zealand Vehicles 52