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Opinion: Everyone Is Guessing When It Comes To Oil Prices

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Predicting and diagnosing the trajectory of oil prices has become something of a cottage industry in the past year. But along with all of the excess crude flowing from the oil patch, there is also an abundance of market indicators that while important, tend to produce a lot of noise that makes any accurate estimate nearly impossible.

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BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

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The findings suggest that developing nations are moving toward cleaner power but not nearly fast enough to limit global CO 2 emissions. This is due to wind and solar projects generating only when natural resources are available while oil, coal, and gas plants can potentially produce around the clock. thousand in 2017.

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Ford to offer new 5-cylinder 3.2L diesel in Transit van in North America next year

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Ford’s all-new 2014 Transit full-size van, which goes on sale late next year, will be offered with a new 3.2-liter The new diesel engine, Ford’s second in North America, has already been applied in the global Ford Ranger truck sold in world markets (3.2 2014 Transit full-size van. Ford’s 5-cylinder, 3.2-liter Click to enlarge.

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Boeing, South African Airways and Mango celebrate Africa’s 1st commercial flights with sustainable aviation biofuel from tobacco

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In 2013, Boeing and SAA launched their sustainable aviation fuels collaboration and in 2014, Project Solaris became the first focus project that converted oil from the Solaris plant seed into bio-jet fuel. The oil can be used for biodiesel, electric generation, bio-jet fuel and marine diesel. Earlier post.).

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Study finds rising temperatures increase risk of unhealthy ozone levels absent sharp cuts in precursors

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Preliminary global mean CO 2 concentrations in February 2014 were 398.06 These gases come from human activities such as combustion of coal and oil as well as natural sources such as emissions from plants. ppm, according to figures from NOAA’s Earth System Research Laboratory.). anthropogenic precursor emission scenarios.

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Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

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Global investment in renewable power and fuels (excluding large hydro-electric projects) was $270.2 A continuing sharp decline in technology costs—particularly in solar but also in wind—meant that every dollar invested in renewable energy bought significantly more generating capacity in 2014. billion) and South Africa ($5.5

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