Green Car Congress
AUGUST 15, 2018
The rivalry between Saudi Arabia and Iran is becoming increasingly evident in the oil pricing policies of the two large Middle Eastern producers. The two countries are currently reigniting the market share and pricing war ahead of the returning U.S. sanctions on Iranian oil. by Tsvetana Paraskova for Oilprice.com.
Green Car Congress
FEBRUARY 23, 2017
Annual methanol consumption in China, 2000-16. MTG units involve high capital costs and are only cost-competitive when oil prices are high. Lower oil prices since late 2014 have reduced China’s MTG plant operating rates and have created uncertainty for investment in new MTG plants. Click to enlarge. Background.
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. And because there were few job openings, very few young people between the mid-1980s and 2000 went into oil and gas.
DIY Electric Car
NOVEMBER 28, 2010
There have been 5 recession since then until now and I wanted to see if Oil had anything to do with them, because deep in my heart, I knew the most recent recession was directly caused by the oil price spikes that started in 2007 and peaked in 2008. This increase in oil prices again pushed the economy into a recession.
Green Car Congress
MARCH 20, 2012
The divergence of West Texas Intermediate (WTI) and Brent crude oil prices in 2011 affected refinery utilization in the United States, particularly in the East Coast (PADD 1) and Midwest (PADD 2) regions, according to a report from the US Energy Information Administration (EIA). As a result, PADD 2 average crude oil inputs of nearly 3.4
Green Car Congress
SEPTEMBER 20, 2011
Particularly during the surge of what was called the “knowledge-based economy” from 1991 to 2000, global economic productivity increased without parallel increases in energy use. In addition to technological advances, price developments play a key role in determining overall energy usage, Worldwatch notes.
Green Car Congress
JUNE 13, 2012
The “Arab Spring” affected oil and gas supplies—most notably the complete, albeit temporary, loss of Libyan supply—while the tragic Fukushima accident in Japan had knock-on effects for nuclear and other energy sources around the world. or 10,000 bpd equivalent), the lowest rise seen since 2000. Renewables.
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