2007 Market Oil Prices Purchase 
Green Car Congress
MARCH 24, 2015
Oil companies continue to get burned by low oil prices, but the pain is bleeding over into the financial industry. Major banks are suffering huge losses from both directly backing some struggling oil companies, but also from buying high-yield debt that is now going sour. billion in 2007 up to $201 billion today.
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. The share was 29% in 2007.).
Green Car Congress
FEBRUARY 3, 2010
It discriminates both on its face, and as applied, against transportation fuels and fuel feedstocks imported from outside of California with the intended effect of (i) promoting in-state production of transportation fuels, and (ii) “keep[ing] consumer dollars local by reducing the need to make fuel purchases from beyond [California’s] borders.”.
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.
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). If competition for bioenergy feedstocks intensifies because of low supply, the price will likely increase. Greenhouse gas emissions. Economic effects.
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. An LCFS is a hybrid of a regulatory and market policy instrument. Treat all crude oils as part of the overall pool of transportation fuels.
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