Green Car Congress

DECEMBER 23, 2016

Oil prices are probably already high enough to spark a rebound in shale production. The IEA says that in the third quarter of 2016, the US shale industry became cash flow neutral for the first time ever. Even when US oil production hit a peak at 9.7 by Nick Cunningham of Oilprice.com. That isn’t a typo.

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Green Car Congress

MARCH 2, 2015

Winterkorn introduced Future Tracks at the Geneva Show in 2014, saying that over the next few years, the automotive industry will face one of the greatest upheavals since the invention of the automobile. Oil will not be as cheap as it is at the moment for ever. Martin Winterkorn.

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2014 Vehicles Automobile Climate 150

Green Car Congress

APRIL 15, 2017

This year, shale output forecasts combine with OPEC’s production cuts, geopolitical factors, and unexpected outages to further complicate supply/demand and oil price forecasts by Wall Street’s major investment banks. Beyond 2017, the impact of a collapse in longer-cycle conventional investment over 2014-16 begins to be felt.

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Green Car Congress

JUNE 1, 2016

According to a separate report from SAFE, a Washington-based think tank, the oil industry has cut somewhere around $225 billion in capex in 2015 and 2016, which will lead to global supplies 4 million barrels per day lower in 2018-2020, compared to what market analysts expected as of 2014. Link to original article: [link].

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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. by Nick Cunningham of Oilprice.com.

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Energy Oil Prices Oil Price 150

Green Car Congress

MARCH 13, 2016

Argentina offers one of the few places on earth where oil companies are not suffering from the full force of the collapse in prices. Argentina regulates oil prices, a policy originally intended to insulate the public from the whims of the market, protecting people from triple-digit crude prices.

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Green Car Congress

APRIL 10, 2015

With its headquarters in Vienna, Austria, one of the mandates of 12-member OPEC is to “ensure the stabilization of oil markets in order to secure an efficient, economic and regular supply of petroleum to consumers, a steady income to producers, and a fair return on capital for those investing in the petroleum industry.”

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Saudi Arabia Venezuela Iran Nigeria 150

Green Car Congress

MARCH 3, 2017

The oil majors reported poor earnings for the fourth quarter of last year, but many oil executives struck an optimistic tone about the road ahead. The collapse of oil prices forced the majors to slash spending on exploration, cut employees, defer projects, and look for efficiencies. per barrel, rising to $36.50.

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Oil 2011 Oil Prices Chevron 150

Green Car Congress

AUGUST 7, 2015

Many oil companies had trimmed their budgets heading into 2015 to deal with lower oil prices. But the collapse of prices in July—owing to the Iran nuclear deal, an ongoing production surplus, and economic and financial concerns in Greece and China—have darkened the mood. That could cause oil prices to spike.

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Oil Saudi Arabia Supplies Oil Prices 150

Green Car Congress

AUGUST 6, 2015

A flood of bearish news has pushed down oil prices to their lowest levels in months, with WTI nearing $45 per barrel and Brent flirting with sub-$50 territory. With a bear market back, there is pessimism throughout the oil markets. However, the WTI/Brent spread has shrunk more dramatically since the collapse in oil prices.

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Oil Prices Oil United States North America 150

Green Car Congress

OCTOBER 22, 2015

The report, which covers US airlines in domestic operations in 2014, highlights a continuing gap in the carbon intensity of US carriers, and comes as the International Civil Aviation Organization (ICAO) meets in Montreal to debate proposals that will serve as the basis for future US regulation. Overall industry fuel efficiency improved by 1.7%

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Green Car Congress

DECEMBER 21, 2015

Subsequently, the company used data on electricity and oil prices; government incentives; charging infrastructure; vehicle costs; and other factors to determine the business case of an electrified vehicle (HEV, PHEV, or BEV) purchase against its conventional competitor in each forecast year.

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Light Sale Global Oil Prices 150

Green Car Congress

APRIL 27, 2017

This sharp slowdown in activity in the conventional oil sector was the result of reduced investment spending driven by low oil prices. The slump in the conventional oil sector contrasts with the resilience of the US shale industry. In addition, 6.5 With global demand expected to grow by 1.2

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Green Car Congress

AUGUST 29, 2016

Kazakhstan, rich in natural resources such as oil, gas, and metal, has huge potential for economic development but infrastructure constraints result in significant travel time and cost, and hinder access to foreign markets.

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Green Car Congress

NOVEMBER 4, 2019

In the United States, primary demand increased for the first time since 2014. In 2018 final demand (total final consumption) grew by 2.2%, continuing an increasing trend since 2015, driven by strong growth in energy-intensive industries. Gas demand growth was driven by its use in industry and buildings for heating.

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Green Car Congress

FEBRUARY 3, 2015

over 2014, continuing an unbroken five-year run of sales recovery and growth from the low point set in the depth of the Great Recession in 2009. China will lead the sector’s volume growth, with particular strength in SUVs, though IHS expects the market to slow from 2014. million, an increase of 2.4% million units. million units.

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2015 Light Market Global 150

Green Car Congress

OCTOBER 29, 2015

Instead it pursued a strategy of fighting for market share, contributing to an immediate rout in oil prices. OPEC is widely expected to continue its current strategy at its next meeting, and as such, no rebound in oil prices is expected, at least not because of the results of the group’s meeting in Vienna.

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Saudi Arabia Price Iraq Oil Prices 150

Green Car Congress

OCTOBER 5, 2017

Say what you will about offshore oil and gas exploration, but it’s still alive and kicking—high production costs and all. The latest demonstration of the viability of deepwater projects, even in the post-2014 oil industry era, comes from none other than Brazil. Too few, it might seem at first.

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Brazil Oil Argentina Oil Prices 150

Green Car Congress

SEPTEMBER 2, 2015

If You’re a Free Range Oil Producer. Despite low oil prices, Saudi Arabia is maintaining its investment in its oil industry. as the drop in oil prices over the last year has put a strain on the nation’s finances.". In a CNN article quoting SIPRI for 2014, the author's guesses for 2015 (6.25

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Green Car Congress

FEBRUARY 9, 2018

Oil prices fell back suddenly over the last few trading sessions, dragged down by some forces beyond the oil market. dollar has helped drive up crude prices for weeks , but that came to an abrupt halt last week. A rebound for the greenback led to a steep decline in oil prices on Friday.

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Oil Prices Oil Price Market 199

Green Car Congress

JULY 9, 2016

In an industry where anything could happen, surprises—often unwelcome—are hard to come by. Oil is exactly such an industry at the moment. No one is sure where oil is heading, near-tem forecasts range from $20 to $80 per barrel by the end of the year, and there are just too many wild cards on the scene.

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Oil Oil Prices Price 2016 150

Green Car Congress

NOVEMBER 15, 2014

Despite what appears to be a saturated oil market in 2014, oil producers around the world will struggle to meet rising demand over the next few decades. Global oil demand is expected to increase by 37 percent by 2040, with a dominant proportion of that coming from developing countries—i.e. China and India.

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Oil Iraq Oil-Sands Supplies 257

Green Car Congress

JUNE 23, 2016

The impact of rising oil prices on North American light tight oil (LTO) production is said to be a “Catch 22”, the title of Joseph Heller’s popular 1961 novel set in WWII. Too many analysts continue to believe drilling and service has the same problem with rising oil prices. by David Yager for Oilprice.com.

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Oil Prices Oil Price Oil-Sands 150

Green Car Congress

OCTOBER 12, 2012

Profound shifts in the regional distribution of oil demand and supply growth will redefine the refining industry and transform global oil trade over the next five years, according to the annual Medium-Term Oil Market Report (MTOMR) released by the International Energy Agency (IEA).

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Green Car Congress

OCTOBER 6, 2015

Putin has highlighted on various occasions the contribution Russia’s mineral wealth, in particular oil and natural gas, must make for Russia to be able to sustain economic growth, promote industrial development, catch up with the developed economies, and modernize Russia’s military and military industry. percent of GDP in 2014.

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Russia Saudi Arabia Iran Iraq 150

Green Car Congress

MAY 20, 2015

Oil prices have rebounded strongly since March. The benchmark WTI prices soared by more than 36 percent in two months, and Brent has jumped by more than 25 percent. In the Bakken, oil production actually increased by 1 percent in the month of March, a surprise development reported by the North Dakota Industrial Commission.

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Oil North Dakota Oil Prices Price 150

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

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2020 Energy Transportation Oil Prices 150

Green Car Congress

NOVEMBER 19, 2016

Release of the Proposed Final Program, along with the accompanying Final Programmatic Environmental Impact Statement, is one of the final steps in a multi-year process that was initiated in June 2014 to develop a final offshore leasing program for 2017-2022. The vast majority of US offshore oil production occurs in the Gulf of Mexico.

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Mexico 2017 Oil Gas 150

Green Car Congress

JULY 25, 2013

The Brent crude oil spot price averaged $112 per barrel in 2012, and EIA’s July 2013 Short-Term Energy Outlook projects averages of $105 per barrel in 2013 and $100 per barrel in 2014. In the Reference case, all the growth in liquids use is in the transportation and industrial sectors.

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2010 Transportation Fuel Energy 317

Green Car Congress

JUNE 12, 2014

However, the new forecast represents a slowing of future oil sands production growth compared to the predictions of last year’s forecast. According to CAPP’s 2014 Crude Oil Forecast, Markets and Transportation , total Canadian crude oil production will increase to 6.4 CAPP does not forecast oil prices.

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Oil-Sands Oil Production 2013 199

Green Car Congress

OCTOBER 27, 2010

While barely a drop in the bucket for biofuels, Pike says, this represents a compound annual growth rate (CAGR) of 72%, roughly on par with early development in the biodiesel industry. The industry has been both bolstered and hurt by scale-up claims derived from ideal laboratory conditions. Algae’s ultimate threat is over-hype.

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2020 Production Water Oil Prices 319

Green Car Congress

AUGUST 25, 2015

OPEC next gathers December 4 in Vienna, just over a year since Saudi Oil Minister Ali Al-Naimi announced at the previous OPEC winter meeting the Saudi decision to let the oil market determine oil prices rather than to continue Saudi Arabia's role of guarantor of $100+/bbl oil. million barrels/day in 2014 to 7.55

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Saudi Arabia Russia Oil 2015 150

Green Car Congress

JANUARY 17, 2015

The report, “ Renewable Power Generation Costs in 2014 ”, concludes that biomass, hydropower, geothermal and onshore wind are all competitive with or cheaper than coal, oil and gas-fired power stations, even without financial support and despite falling oil prices. —“Renewable Power Generation Costs in 2014”.

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Green Car Congress

JANUARY 3, 2012

The Joint Venture plans to ramp up the drilling activities in the coming 3 years with 25 rigs planned to be mobilized by 2014 to fully appraise and develop the acreage. SEC production in Total’s share is expected to reach 100,000 barrels of oil equivalent per day by the end of the decade.

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Ohio Buy Energy Oil Prices 170

Green Car Congress

JUNE 7, 2017

power plants and refineries) and in turn to the transportation, residential, industrial, and commercial end-use sectors. The Boulder team’s BAU reference scenario was unmodified from the 2014 EPA US9R database, including EPA’s efficiency and cost estimates for future gasoline ICEV, HEV, PHEV, BEV, and ethanol vehicles.

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Green Car Congress

JUNE 17, 2015

The fallout of the collapse in oil prices has a lot of side effects apart from the decline of rig counts and oil flows. million barrels per day, which it hit in December 2014. With the state’s economy now almost entirely hitched to the fortunes of the oil industry, they are hoping for a rebound.

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Green Car Congress

FEBRUARY 19, 2015

It may be difficult to look beyond the current pricing environment for oil, but the depletion of low-cost reserves and the increasing inability to find major new discoveries ensures a future of expensive oil. The industry did not log a single “giant” oil field.

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