Green Car Congress

APRIL 10, 2015

The EIA even predicts that OPEC’s net oil exports (excluding Iran) could fall to as low as $380 billion in 2015. Containing some of the largest proven oil and gas reserves in the world, Venezuela is one of the founding members of OPEC. Iraq’s Issues. After Saudi Arabia, Iraq is the biggest crude oil producer in OPEC.

Saudi Arabia 150

Saudi Arabia Venezuela Iran Nigeria 150

Green Car Congress

JULY 28, 2015

The undisputed king of oil and gas is making some moves that could change the face of the global refining sector. In June 2015, Saudi Arabia pumped a record 10.564 million barrels a day, a record level. The crude is so cheap it’s pretty much free for them, the margins are going to be massive.

Saudi Arabia 150

Saudi Arabia Price Oil India 150

Green Car Congress

NOVEMBER 13, 2011

Under the central New Policies Scenario, automotive sales in non-OECD markets exceed those in the OECD by 2020, with the center of gravity of car manufacturing shifting to non-OECD countries before 2015. Oil and the Transport Sector: Reconfirming the End of Cheap Oil. trillion in subsidies over the projection period.

Oil 247

Oil Transportation Cheap Energy 247