2007, Light and Oil Prices

API reports record US petroleum production in April: 10.543 million b/d; strongest April demand since 2007

Green Car Congress

MAY 18, 2018

This was the strongest April monthly demand since 2007. Strong global demand raised international oil prices by more than domestic ones. Domestic WTI crude oil prices averaged $66.25 Meanwhile, international Brent crude oil prices continued to increase by more—8.5 from March but 3.8%

2007

2007 Oil Prices Oil Production

BNEF: Oil price plunge to have only moderate impact on low-carbon electricity development, but likely to slow EV growth

Green Car Congress

DECEMBER 22, 2014

The collapse in world oil prices in the second half of 2014 will have only a moderate impact on the fast-developing low-carbon transition in the world electricity system, according to research firm Bloomberg New Energy Finance. However, the slump in the Brent crude price per barrel from $112.36 on 30 June to $61.60

Oil Prices

Oil Prices Oil Price Carbon

The Real Reason for USA based Economic Recessions.

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.

USA

USA Oil Prices Oil 2001

US Vehicle Miles Traveled Increased 2% in June Year-on-Year

Green Car Congress

AUGUST 26, 2009

US traffic volumes started declining in November 2007 as oil prices rose and experienced dramatic drops in 2008. Light rail systems performed the best, with a 1.8% The first-quarter report from the American Public Transportation Association (APTA), released in mid-June, found a 1.2% year-over-year drop in ridership.

Miles

Miles Vehicles Oil Prices 2009

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

Global biofuels production up 17% in 2010 to hit all-time high of 105 billion liters

Green Car Congress

AUGUST 31, 2011

High oil prices, a global economic rebound, and new laws and mandates in Argentina, Brazil, Canada, China, and the United States, among other countries, are all factors behind the surge in production, according to research conducted by the Worldwatch Institute’s Climate and Energy Program for the website Vital Signs Online.

2010

2010 Brazil Global Argentina

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

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 million barrels per day in 2007 to 5.5 Over the next 10 years, continued development of tight oil (e.g., quadrillion Btu in 2007, grows from 98.2

Oil

Oil 2005 Production 2010

US EIA Projects World Energy Use to Grow 44% Between 2006 and 2030, CO2 Emissions Up by 39%

Green Car Congress

MAY 27, 2009

World oil prices have fallen sharply from their July 2008 high mark. As the world’s economies recover, higher world oil prices are assumed to return and to persist through 2030. In the IEO2009 reference case, world oil prices rise to $110 per barrel in 2015 (in real 2007 dollars) and $130 per barrel in 2030.

2006

2006 Emissions Energy Oil-Sands

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

Further, the fossil fuel share of primary energy consumption falls from 82% in 2011 to 78% in 2040 as consumption of petroleum-based liquid fuels falls, largely because of the incorporation of new fuel efficiency standards for light-duty vehicles. Biofuels grow at a slower rate due to lower crude oil prices and. than in AEO2012.

Fuel

Fuel Energy Sale 2013

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

Background colors of the cells represent the crude oil price required for economic feasibility. These synthetic fuels are economically competitive with petro-diesel when the crude oil price (COP) is at or above $86 per barrel (based on a 20% rate of return, in January 2008 dollars, with a carbon price of zero).

Carbon

Carbon Diesel Fuel Coal

US National Research Council Report Finds Plug-in Hybrid Costs Likely to Remain High; Fleet Fuel Consumption and Carbon Emissions Benefits Will Be Modest for Decades

Green Car Congress

DECEMBER 15, 2009

NRC projections of number of PHEVs in the US light-duty fleet. Costs of light-duty plug-in hybrid electric vehicles (PHEVs) are high—largely due to their lithium-ion batteries—and unlikely to drastically decrease in the near future, according to a new report from the National Research Council (NRC). Click to enlarge.

Plug-in

Plug-in Plug PHEV Hybrid

Chevron leveraging information technology to optimize thermal production of heavy oil with increased recovery and reduced costs

Green Car Congress

JUNE 23, 2011

Chevron, already the largest thermal heavy oil producer, is optimizing thermal production in heavy oil fields by leveraging information technology to improve the percentage recovery as well as the economics. Using thermal recovery processes in heavy oil reservoirs depends largely on. Kern River Field current stats.

Chevron

Chevron Oil Oil-Sands Production

Cleantech Blog: Smart Grids and Electric Vehicles

Tony Karrer Delicious EVdriven

APRIL 16, 2009

The Smart Grid Consortium, established in December 2007 by Xcel Energy, will select a community of approximately 100,000 residents to become a Smart Grid City using V2G. 1) Nurture My Body (1) OESX (1) OIL ETN (1) OTCBB:PPRW (1) Oasys (1) Ocean Dead Zones (1) PLX Devices (1) PNE3.DE 2) Chevy Volt (2) China (2) ECOD3.SA SZ (1) 6753.T

Grid

Grid Electric Vehicles Vehicles Oil-Sands

EV Driven

API reports record US petroleum production in April: 10.543 million b/d; strongest April demand since 2007

BNEF: Oil price plunge to have only moderate impact on low-carbon electricity development, but likely to slow EV growth

The Real Reason for USA based Economic Recessions.

US Vehicle Miles Traveled Increased 2% in June Year-on-Year

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

Global biofuels production up 17% in 2010 to hit all-time high of 105 billion liters

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

US EIA Projects World Energy Use to Grow 44% Between 2006 and 2030, CO2 Emissions Up by 39%

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

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

US National Research Council Report Finds Plug-in Hybrid Costs Likely to Remain High; Fleet Fuel Consumption and Carbon Emissions Benefits Will Be Modest for Decades

Chevron leveraging information technology to optimize thermal production of heavy oil with increased recovery and reduced costs

Cleantech Blog: Smart Grids and Electric Vehicles

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