2012, Economy, Oil Prices and Supplies

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

IHS Markit: US poised to be world’s largest LNG exporter in 2022 as China becomes top LNG importer

Green Car Congress

JANUARY 6, 2022

The world’s two largest economies—the United States and China—are poised to be the world’s top export and import markets for liquefied natural gas (LNG), respectively, in 2022, according to a new report by IHS Markit. Total loaded LNG supply in 2021 reached 396.3 The United States provided the largest supply growth with 25.3

Qatar

Qatar China United States Brazil

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

quadrillion Btu in 2012 to 12.1 from 2012 to 2040, compared to 1.2% The rising fuel economy of LDVs more than offsets the modest growth in VMT, resulting in a 25% decline in LDV energy consumption decline between 2012 and 2040 in the AEO2014 Reference case. l/100 km) in 2012 to 37.2 l/100 km) in 2012 to 37.2

Oil

Oil Light Energy Vehicles

IEA WEO-2012 finds major shift in global energy balance but not onto a more sustainable path; identifies potential for transformative shift in global energy efficiency

Green Car Congress

NOVEMBER 12, 2012

The global energy map is changing significantly, according to the 2012 edition of the Internal Energy Agency’s (IEA) World Energy Outlook ( WEO-2012 ). — WEO-2012. global oil producer (overtaking Saudi Arabia until the mid-2020s) and starts to see the impact of new fuel-efficiency measures in transport.

Global

Global 2012 Energy Oil

BP Statistical Review finds global oil share down for 12th year in a row, coal share up to highest level since 1969; renewables at 2%

Green Car Congress

JUNE 13, 2012

seen in 2010, according to the newly released BP Statistical Review of World Energy, 2012. Emerging economies accounted for all of the net growth, with OECD demand falling for the third time in the last four years, led by a sharp decline in Japan. in the emerging economies. Global energy consumption grew by 2.5%

Coal

Coal Oil Renewable Saudi Arabia

The $32-Trillion Push To Disrupt The Entire Oil Industry

Green Car Congress

FEBRUARY 28, 2019

Stock-exchanged listed companies will need to address the will of their shareholders, especially with regards to climate change policies or decarbonization of the economy. In contrast to what some media sources are suggesting, oil and gas demand will not diminish, on the contrary, oil and gas prices will rise due to a lack of supply.

Oil

Oil Industrial Industry Financing

RAND reports suggest US DoD use less petroleum fuel to deal with high prices, not count on alternatives

Green Car Congress

JUNE 20, 2012

Considering that the United States produces over 8 million barrels of oil per day domestically and imports an additional 3 million bpd from secure supplies in Canada and Mexico, we can find no credible scenario in which the military would be unable to access the 340,000 bpd of fuel it needs to defend the nation. —Bartis 2012.

Price

Price Oil-Sands Turkey Fuel

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

new appliance standards and CAFE) and changes in the way energy is used in the US economy. quadrillion Btu in 2035, as a result of fuel economy improvements achieved through stock turnover as older, less efficient vehicles are replaced by newer, more fuel-efficient vehicles. million, or less than one-half the 2.9 than in AEO2012.

Fuel

Fuel Energy Sale 2013

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

Green Car Congress

DECEMBER 17, 2010

Shale gas offsets declines in other US supply to meet. 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. Source: EIA. Click to enlarge.

Gas

Gas 2011 Price Energy

EIA projects world liquid fuels use to rise 38% by 2040, driven by growth in Asia and Middle East; transportation 92% of demand

Green Car Congress

SEPTEMBER 10, 2014

oil shale), and refinery gain. World markets for petroleum and other liquid fuels have entered a period of dynamic change in both supply and demand, the EIA noted, leading to its reassessment of its outlook for long-term global liquid fuels markets in IEO2014. per year, as the mature economies react to sustained high fuel prices.

Asia

Asia Transportation Oil-Sands Oil Prices

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

The cost to the manufacturer of producing the first generation of the PHEV-10 (2010–2012) is expected to be about $6,300 more than that of the equivalent conventional mid-size car (non-hybrid), including $3,300 for the battery pack. Most of the electricity used to power these cars will be supplied from the nation’s power grid.

Plug-in

Plug-in Plug PHEV Hybrid

CAR releases study on use of bio-based materials in automotive sector; potential for the Great Lakes Region

Green Car Congress

MARCH 30, 2012

Encouraging bio-manufacturing and its associated value chain development, and building upon its current expertise in producing conventional parts for automakers, may position the Great Lakes region at a global competitive advantage as oil prices climb, and the demand for more bio-based parts increases.

Polymer

Polymer Cars Automobile Standards

Opinion: This Is What Needs To Happen For Oil Prices To Stabilize

Green Car Congress

SEPTEMBER 21, 2015

On September 10 th , the EIA reported a production decline in the Lower 48—essentially shale production—of 208,000 BOPD (barrels of oil per day). That is a staggeringly enormous number, approximately 10 percent of the estimated global over-supply. And markets won’t wait to adjust pricing until we hit a balance.

Oil Prices

Oil Prices Oil Price Oil-Sands

Renault Powertrain Strategy: Focus on Electric Motor Development for EV Powertrains, New Technologies for Conventional Engines

Green Car Congress

FEBRUARY 17, 2009

This family of modular engines is being developed within the framework of the Renault-Nissan Alliance, an approach which permits capital outlay to be shared and economies of scale to be achieved, while also allowing the development of powertrains that meet the specific needs of different regions. Renault plans to modify its mainstay 1.5

Engine

Engine Motor Motors Motoring

IEA World Energy Outlook 2013 sees CO2 emissions rising by 20% to 2035; oil use on upward trend

Green Car Congress

NOVEMBER 13, 2013

High oil prices, persistent differences in gas and electricity prices between regions and rising energy import bills in many countries focus attention on the relationship between energy and the broader economy. million barrels of oil equivalent per day (mboe/d) in 2011 to 4.1 China Forecasts India Oil Other Asia'

Oil

Oil 2013 Energy Emissions

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. Regulate the parties responsible for producing, importing, or supplying fuel. Create separate fuel pools for gasoline and diesel. Spatial boundaries.

Carbon

Carbon Oil-Sands Standards Design

EV Driven

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

IHS Markit: US poised to be world’s largest LNG exporter in 2022 as China becomes top LNG importer

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

IEA WEO-2012 finds major shift in global energy balance but not onto a more sustainable path; identifies potential for transformative shift in global energy efficiency

BP Statistical Review finds global oil share down for 12th year in a row, coal share up to highest level since 1969; renewables at 2%

The $32-Trillion Push To Disrupt The Entire Oil Industry

RAND reports suggest US DoD use less petroleum fuel to deal with high prices, not count on alternatives

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

EIA projects world liquid fuels use to rise 38% by 2040, driven by growth in Asia and Middle East; transportation 92% of demand

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

CAR releases study on use of bio-based materials in automotive sector; potential for the Great Lakes Region

Opinion: This Is What Needs To Happen For Oil Prices To Stabilize

Renault Powertrain Strategy: Focus on Electric Motor Development for EV Powertrains, New Technologies for Conventional Engines

IEA World Energy Outlook 2013 sees CO2 emissions rising by 20% to 2035; oil use on upward trend

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

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