2005, Oil Prices and Resource

Purdue study projects that under likely adoption rates, use of biojet fuel alone will not meet aviation emissions reduction targets for 2050; the need to go above 50% blends

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. With biojet options, under the high oil price scenario (the most optimistic for biojet adoption), the median (i.e.,

Emissions

Emissions Oil Prices 2005 Fuel

EIA Energy Outlook 2011 more than doubles estimates of US shale gas resources; higher production at lower prices

Green Car Congress

DECEMBER 17, 2010

The Annual Energy Outlook 2011 (AEO2011) Reference case released yesterday by the US Energy Information Administration (EIA) more than doubles the technically recoverable US shale gas resources assumed in AEO2010 and added new shale oil resources. AEO2011 Early Release Overview.

Gas

Gas 2011 Price Energy

EIA AEO2015 projects elimination of net US energy imports in 2020-2030 timeframe; transportation energy consumption drops

Green Car Congress

APRIL 14, 2015

AEO2015 presents updated projections for US energy markets through 2040 based on six cases (Reference, Low and High Economic Growth, Low and High Oil Price, and High Oil and Gas Resource) that reflect updated scenarios for future crude oil prices. trillion cubic feet (Tcf) in the Low Oil Price case to 13.1

2020

2020 Energy Transportation Oil Prices

BP approves revamped $9B Mad Dog Phase 2 project in the deepwater Gulf of Mexico; down from original $20B cost

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. Today, the leaner $9-billion project, which also includes capacity for water injection, is projected to be profitable at or below current oil prices. Earlier post.).

Mexico

Mexico Chevron Oil Oil Prices

EIA 2035 reference case projects drop in US imports of petroleum due to modest economic growth, increased efficiency, growing domestic oil production, and biofuels

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

Oil 2005 Production 2010

EIA Energy Outlook 2013 reference case sees drop in fossil fuel consumption as use of petroleum-based liquid fuels falls; projects 20% higher sales of hybrids and PHEVs than AEO2012

Green Car Congress

DECEMBER 5, 2012

Biofuels grow at a slower rate due to lower crude oil prices and. The decline reflects increased domestic production of both petroleum and natural gas, increased use of biofuels, and lower demand resulting from the adoption of new vehicle fuel efficiency standards and rising energy prices. Biomass and biofuels growth is slower.

Fuel

Fuel Energy Sale 2013

EIA: China’s use of methanol in liquid fuels has grown rapidly since 2000; >500K bpd in 2016

Green Car Congress

FEBRUARY 23, 2017

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. MTG units involve high capital costs and are only cost-competitive when oil prices are high.

2000

2000 2016 Fuel China

When Will Russia Run Out Of Oil?

Green Car Congress

APRIL 6, 2017

billion barrels of conventional oil were discovered, roughly 45 days of global crude consumption or 0.2 Russia’s exploration activities, which were hit not only by plummeting oil prices but also by a targeted sanctions regime, suffered a double blow during this period. In 2016, only 3.7 percent of global proved reserves.

Russia

Russia Oil 2016 Oil Prices

EIA: light duty vehicle energy consumption to drop 25% by 2040; increased oil production, vehicle efficiency reduce US oil and liquid imports

Green Car Congress

DECEMBER 16, 2013

While domestic crude oil production is projected to level off and then slowly decline after 2020 in the Reference case, natural gas production grows steadily, with a 56% increase between 2012 and 2040, when production reaches 37.6 trillion cubic feet (Tcf). billion metric tons.

Oil

Oil Light Energy Vehicles

ICCT updates US airline fuel efficiency rankings; Alaska stays on top, American on bottom

Green Car Congress

OCTOBER 22, 2015

A stronger correlation between fuel efficiency and profitability was observed in 2014 than in 2013, despite a sharp fall in oil prices in the latter half of the year. Commercial aircraft accounted for 11% of greenhouse gas (GHG) emissions from the US transportation sector in 2013.

Alaska

Alaska Fuel 2014 2013

KPMG study identifies 10 sustainability “megaforces” with accelerating impacts on business; imperative of sustainability changing the automotive business radically

Green Car Congress

FEBRUARY 15, 2012

The KPMG study, “Expect the Unexpected: Building Business Value in a Changing World”, explores issues such as climate change, energy and fuel volatility, water availability and cost and resource availability, as well as population growth spawning new urban centers. Population Growth: The world population is expected to grow to 8.4

Climate Change

Climate Change Water Climate Global

Refiners and Truckers Associations Challenge California LCFS in Federal Court

Green Car Congress

FEBRUARY 3, 2010

The LCFS violates the Supremacy clause, according to the complaint, because it conflicts with the Energy Policy Act of 2005 (EPAct 2005), Pub. It will protect us from volatile oil prices and provide consumers with cleaner fuels and provide the nation with greater energy security. 109-58, 119 Stat. 110-140, 121 Stat.

California

California Oil-Sands Oil 2005

Roland Berger study outlines integrated vehicle and fuels roadmap for further abating transport GHG emissions 2030+ at lowest societal cost

Green Car Congress

APRIL 30, 2016

Among the key findings of the study were: Maintaining the existing vehicle efficiency and fuels regulations to 2030 will lower tank-to-wheel GHG emissions from road transport to 647 Mt representing a 29% reduction compared to 2005 levels, achieving almost aspired level for 2030. Integrated Fuels and Vehicles Roadmap to 2030+.

Transportation

Transportation Emissions Fuel Vehicles

NETL Report Concludes CTL Plus Carbon Capture Results in Fuel with 5-12% Less Lifecycle GHG Than Petroleum Diesel; Modest Biomass Additions Lower GHG Further

Green Car Congress

FEBRUARY 7, 2009

Lifecycle GHG emissions of CTL/CBTL/BTL compared to 2005 petroleum diesel baseline. Background colors of the cells represent the crude oil price required for economic feasibility. Tarka et al. 2009) Click to enlarge. Rentech says that it will publish the full study when it is available. Tarka et al.

Carbon

Carbon Diesel Fuel Coal

Perspective: US Needs to Transition to Hydrous Ethanol as the Primary Renewable Transportation Fuel

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. by Brian J.

Transportation

Transportation Fuel Renewable Gasoline-Electric

Study concludes significant additional transport policy interventions will be required for Europe to meet its GHG reduction goal

Green Car Congress

APRIL 12, 2012

The EU has also made a commitment to reduce emissions in sectors outside the EU ETS, including transportation, by 10% on year-2005 levels by 2020. As deeper cuts are likely to be made in other sectors, this requires a cut of at least 60% in transportation GHG emissions, most notably CO 2 , by midcentury. —Dray et al. Lynnette M.

Transportation

Transportation Europe Climate Change Emissions

National Research Council report finds it unlikely the US will meet cellulosic biofuel mandates absent major innovation or a change in policies

Green Car Congress

OCTOBER 4, 2011

In 2005, Congress enacted the Renewable Fuel Standard as part of the Energy Policy Act (EPAct) and amended it in the 2007 Energy Independence and Security Act (EISA). The resulting consensus reports undergo external peer review before completion. Renewable Fuel Standard: Potential Economic and Environmental Effects of US Biofuel Policy.

Renewable

Renewable Tax Credit Conversion Standards

National Low Carbon Fuel Standard study releases major Technical Analysis and Policy Design reports; providing a scientific basis for policy decisions

Green Car Congress

JULY 19, 2012

Very broadly, they found that an LCFS would buffer the economy against global oil price spikes, trim demand for petroleum, and lessen upward pressure on gas prices. gCO 2 e/MJ for diesel over the period 2005–2035. Treat all crude oils as part of the overall pool of transportation fuels. There will be a process.

Carbon

Carbon Oil-Sands Standards Design

Syrian oil ministry announces oil shale tender

Green Car Congress

JULY 8, 2011

Syria’s Ministry of Petroleum and Mineral Resources has announced a tender for investing in oil shale in the Khanaser area, 103 km in southeastern Aleppo, over an area of 150 km 2 divided into 14 blocks with geological reserves of 2.3 Oil shale deposits in Syria. In 2005, Syria reactivated the effort.

Oil

Oil Syria Jordan Egypt

The Game-Changing Water Revolution: Interview with Stanley Weiner

Green Car Congress

APRIL 15, 2015

The water revolution is here, according to Stanley Weiner, CEO of STW Resources -a Texas-based company that has the exclusive North American license for Dutch-developed next-generation Salttech desalination technology. So the competition for water resources is just as competitive as the competition for oil and gas licenses.

Water

Water Oil Texas Gas

Cleantech Blog: Smart Grids and Electric Vehicles

Tony Karrer Delicious EVdriven

APRIL 16, 2009

DE (1) Agricultural offsets (1) Always On Going Green (1) Applied Materials (1) Appropedia (1) Aqua Resources Fund (1) Arnold Schwarzenegger (1) BMWG.F (1) DE (1) Agricultural offsets (1) Always On Going Green (1) Applied Materials (1) Appropedia (1) Aqua Resources Fund (1) Arnold Schwarzenegger (1) BMWG.F (1) SZ (1) 6753.T

Grid

Grid Electric Vehicles Vehicles Oil-Sands

EV Driven

Purdue study projects that under likely adoption rates, use of biojet fuel alone will not meet aviation emissions reduction targets for 2050; the need to go above 50% blends

EIA Energy Outlook 2011 more than doubles estimates of US shale gas resources; higher production at lower prices

EIA AEO2015 projects elimination of net US energy imports in 2020-2030 timeframe; transportation energy consumption drops

BP approves revamped $9B Mad Dog Phase 2 project in the deepwater Gulf of Mexico; down from original $20B cost

EIA 2035 reference case projects drop in US imports of petroleum due to modest economic growth, increased efficiency, growing domestic oil production, and biofuels

EIA Energy Outlook 2013 reference case sees drop in fossil fuel consumption as use of petroleum-based liquid fuels falls; projects 20% higher sales of hybrids and PHEVs than AEO2012

EIA: China’s use of methanol in liquid fuels has grown rapidly since 2000; >500K bpd in 2016

When Will Russia Run Out Of Oil?

EIA: light duty vehicle energy consumption to drop 25% by 2040; increased oil production, vehicle efficiency reduce US oil and liquid imports

ICCT updates US airline fuel efficiency rankings; Alaska stays on top, American on bottom

KPMG study identifies 10 sustainability “megaforces” with accelerating impacts on business; imperative of sustainability changing the automotive business radically

Refiners and Truckers Associations Challenge California LCFS in Federal Court

Roland Berger study outlines integrated vehicle and fuels roadmap for further abating transport GHG emissions 2030+ at lowest societal cost

NETL Report Concludes CTL Plus Carbon Capture Results in Fuel with 5-12% Less Lifecycle GHG Than Petroleum Diesel; Modest Biomass Additions Lower GHG Further

Perspective: US Needs to Transition to Hydrous Ethanol as the Primary Renewable Transportation Fuel

Study concludes significant additional transport policy interventions will be required for Europe to meet its GHG reduction goal

National Research Council report finds it unlikely the US will meet cellulosic biofuel mandates absent major innovation or a change in policies

National Low Carbon Fuel Standard study releases major Technical Analysis and Policy Design reports; providing a scientific basis for policy decisions

Syrian oil ministry announces oil shale tender

The Game-Changing Water Revolution: Interview with Stanley Weiner

Cleantech Blog: Smart Grids and Electric Vehicles

Stay Connected