Green Car Congress

MARCH 8, 2017

OPEC’s coordinated effort to curtail global supply has so far managed to put a floor under oil prices, which have been sitting modestly above US$50 since the deal was announced at the end of November last year. Analysts and experts are now mostly predicting that oil prices will remain below US$60 this year.

Oil Prices 170

Oil Prices Saudi Arabia Oil Price 170

Green Car Congress

MAY 13, 2015

The resulting crash in oil prices is forcing some production out of the market, and Saudi Arabia intends for the brunt of that to be borne by others. There is a lag between movements in the oil price and corresponding changes in production. But the effects of the oil price crash are now being felt.

Saudi Arabia 150

Saudi Arabia Oil Prices Oil Price 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

Oil 150

Oil Saudi Arabia UAE 2015 150

Green Car Congress

FEBRUARY 25, 2016

This would be almost 90 times the equivalent figure for 2015, when EV sales are estimated to have been 462,000, some 60% up on 2014. The research estimates that the growth of EVs will mean they represent a quarter of the cars on the road by that date, displacing 13 million barrels per day of crude oil but using 1,900 TWh of electricity.

Cost Of 150

Cost Of Sale Global Vehicles 150

Green Car Congress

MAY 17, 2012

High oil prices, impending emissions regulations and technical advancements are propelling the market faster than we expected. A key factor is International Maritime Organization Tier III emissions standards, which are slated to take effect in 2015-2016. What surprised us is the rate.

South Korea 218

South Korea Fuel Mariner Singapore 218

Green Car Congress

APRIL 1, 2015

The question today is just how much Argentina is willing to change and how this plays into a low oil price environment that is already negatively impacting investment elsewhere. Argentina’s shale fields are currently producing 41,000 barrels of oil equivalent per day from 320 wells. Oil prices are set at $77.50

Argentina 150

Argentina Oil Oil Prices Environment 150

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. percent in 1H 2015. percent.

Saudi Arabia 150

Saudi Arabia Russia Oil 2015 150

Green Car Congress

FEBRUARY 4, 2011

A new study sponsored by Indiana University concludes that President Obama’s vision of one million plug-in electric vehicles (PEVs) on US roads by 2015 will require concentrated efforts action from all stakeholders— the auto industry, federal government, the scientific community, and consumers—to be realized.

Plug-in 218

Plug-in 2015 Plug Recharge 218

Green Car Congress

SEPTEMBER 20, 2011

Worldwide energy consumption will grow by 53% between 2008 and 2035 with much of the increase driven by strong economic growth in the developing nations, especially China and India, according to the reference case in the newly released International Energy Outlook 2011 (IEO2011) from the US Energy Information Administration (EIA).

Oil-Sands 220

Oil-Sands Oil 2008 Oil Prices 220

Green Car Congress

JUNE 27, 2012

Such an increase in capacity could prompt a plunge or even a collapse in oil prices, he suggests. But if oil prices remain above about $70 per barrel, sufficient investment will occur to sustain continued growth in production, possibly leading to a stable phenomenon of oil overproduction after 2015.

Oil 261

Oil Oil-Sands Price Production 261

Green Car Congress

APRIL 10, 2009

A new study by the French institute Enerdata, commissioned by the European Federation for Transport & Environment (T&E), suggests that the European CO 2 standards for new vehicles due to come into effect in 2012 will lead not only to a European savings on oil (mainly via lower oil import volumes) but also to slightly lower global oil prices.

Oil 150

Oil Standards Price Oil Prices 150

Green Car Congress

FEBRUARY 23, 2017

Beginning with its February Short-Term Energy Outlook (STEO), EIA incorporated revisions to historical international liquids consumption data into the STEO’s international liquid fuels market balances. MTG units involve high capital costs and are only cost-competitive when oil prices are high. Click to enlarge.

2000 150

2000 2016 Fuel China 150

Green Car Congress

OCTOBER 6, 2016

Italy is the leading European market for natural gas consumption for vehicles, with more than 1 billion cubic meters consumed in 2015 and about 1 million vehicles currently in circulation. This will result in a direct benefit of €1.5 billion (US$1.7 billion) for Italian-produced natural gas technology and more than €1 billion (US$1.1

Gas 199

Gas Fuel Italy Vehicles 199

Green Car Congress

NOVEMBER 6, 2015

One casualty of the oil price downturn could be the megaproject. For years, as conventional oil reserves depleted and became increasingly hard to find, oil companies ventured into far-flung locales to find new sources of production. The collapse of oil prices, however, could kill off the megaproject.

Oil 150

Oil Oil-Sands Saudi Arabia Oil Prices 150

Green Car Congress

OCTOBER 22, 2015

The International Council on Clean Transportation (ICCT) has released its annual update on the fuel efficiency of US airlines. A stronger correlation between fuel efficiency and profitability was observed in 2014 than in 2013, despite a sharp fall in oil prices in the latter half of the year. Earlier post.)

Alaska 150

Alaska Fuel 2014 2013 150

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.

Oil Prices 150

Oil Prices Oil Price Oil-Sands 150

Green Car Congress

APRIL 27, 2017

Global oil discoveries fell to a record low in 2016 as companies continued to cut spending and conventional oil projects sanctioned were at the lowest level in more than 70 years, according to the International Energy Agency, which warned that both trends could continue this year. Oil discoveries declined to 2.4

Oil 150

Oil 2016 Oil-Sands Global 150

Green Car Congress

APRIL 11, 2017

EIA also projects that consumption of distillate fuel—diesel fuel and heating oil—will average 3.9 This level is 120,000 b/d (3.2%) higher than last summer’s consumption and closer to levels from summer 2015. High oil and coal production also could contribute to diesel consumption growth, EIA notes. gal last summer.

Gasoline 150

Gasoline Production Gasoline-Electric Oil 150

Green Car Congress

SEPTEMBER 13, 2017

As recently as 2015, Saudi energy officials dismissed suggestions that the kingdom would seek to raise its crude oil production capacity above its theoretical maximum of 12.5 Internationally, Saudi Arabia also faces conflicting priorities for its crude oil. Krane’s paper is published in the journal Energy Policy.

Saudi Arabia 150

Saudi Arabia Oil Production Climate 150

Green Car Congress

MAY 27, 2009

World marketed energy consumption is projected to grow by 44% between 2006 and 2030, driven by strong long-term economic growth in the developing nations of the world, according to the reference case projection from the International Energy Outlook 2009 ( IEO2009 ) released today by the US Energy Information Administration (EIA).

2006 150

2006 Emissions Energy Oil-Sands 150

Green Car Congress

OCTOBER 6, 2015

Even a casual glance at the IMF’s World Economic Outlook statistics for Russia shows the tight correlation since 1992 between GDP growth on the one hand and oil and gas output, exports, and prices on the other (economic series available here ). in 2015 and 2016 respectively). in 2015 and 2016 respectively).

Russia 150

Russia Saudi Arabia Iran Iraq 150

Green Car Congress

APRIL 30, 2016

Transport will also deliver tank-to-wheel emissions savings of 191 Mt CO 2 e between 2015 and 2030 to reduce the total well-to-wheel GHG emission in 2030 to 862 Mt CO 2 e. The well-to wheel-emission savings represent a 23% reduction in tank-to-wheel emissions and a 22% reduction in well-to-tank emissions.

Transportation 150

Transportation Emissions Fuel Vehicles 150

Green Car Congress

MARCH 2, 2015

Speaking on the eve of the Geneva International Motor Show, Prof. Winterkorn also emphasized that Volkswagen remains committed to its environmental goals, and noted that the present low level of oil prices would not change that. Oil will not be as cheap as it is at the moment for ever. The Volkswagen Group invested €11.5

2014 150

2014 Vehicles Automobile Climate 150

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. Biomass and biofuels growth is slower.

Fuel 225

Fuel Energy Sale 2013 225

Green Car Congress

JANUARY 19, 2011

At the same time, oil—and gas—import dependency in the US is likely to fall to levels not seen since the 1990s, because of improved fuel efficiency and the increased share of biofuels. Global consumption growth is also impacted by higher oil prices in recent years and a gradual reduction of subsidies in oil-importing countries.

Energy 210

Energy Economy Global Oil-Sands 210

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 ). North America emerges as a net oil exporter, accelerating the switch in direction of international oil trade, with almost 90% of Middle Eastern oil exports being drawn to Asia by 2035.

Global 225

Global 2012 Energy Oil 225

Green Car Congress

JUNE 16, 2009

As one example of factors contributing to that decision, a survey of projected oil prices returned values between $30 and $250 a barrel, he said.). By 2015, he suggests, full hybrids (e.g., The third phase runs from model year 2015 to 2050, and is driven by the new ZEV2 regulation.

Li-ion 150

Li-ion 2011 Market Hybrid 150

Green Car Congress

SEPTEMBER 18, 2015

Despite brash statements by US producers and misleading analysis by Raymond James, low oil prices are killing tight oil companies. Reports this week from IEA and EIA paint a bleak picture for oil prices as the world production surplus continues. percent in August 2015. OPEC and US crude oil production.

Oil 150

Oil Oil-Sands Oil Prices 2015 150

Green Car Congress

SEPTEMBER 10, 2014

World petroleum and other liquid fuels consumption will increase 38% by 2040, spurred by increased demand in the developing Asia and Middle East, according to the Reference Case projections in International Energy Outlook 2014 ( IEO2014 ), released by the US Energy Information Administration (EIA).

Asia 341

Asia Transportation Oil-Sands Oil Prices 341

Green Car Congress

AUGUST 13, 2015

In the last quarter of 2014, in the face of possible oversupply, Saudi Arabia abandoned its traditional role as the global oil market’s swing producer and therefore it role as unofficial guarantor of existing ($100+ per barrel) prices. Prices rebounded to $60 for a few months, before falling once again below $50.

Saudi Arabia 150

Saudi Arabia Oil Iraq Iran 150

Green Cars News

JUNE 1, 2009

Efforts may be under way to curb the rise in world energy consumption and with it the world’s carbon dioxide (CO2) emissions - but that won’t curb some serious growth between now and 2030 according to the International Energy Outlook. Oil prices are expected to rise and may even hit $130 a barrel by 2030.

Emissions 36

Emissions 2006 Oil Prices Carbon 36

Green Cars News

OCTOBER 13, 2009

Global use of biofuels will more than double between 2009 and 2015 – that is the verdict of Hart Energy Publishing’s Global Biofuels Centre (see article ). They offer the prospect of increased market competition and oil price moderation and can help reduce the dependency on fossil fuels.

Green Cars 43

Green Cars Green CO2 Cars 43

Green Car Congress

OCTOBER 18, 2010

Derive GHG emissions and costs of charging of EVs in the 2015 Dutch context and. from 2015 onwards because higher efficiency of wheel motor drivetrains allows for smaller. They assumed an oil price of US$80/bbl, close to the short-term. Compare GHG emissions and costs of PHEV and BPEV with those of regular cars.

Plug-in 236

Plug-in Charging PHEV Gasoline-Electric 236

Green Car Congress

NOVEMBER 13, 2011

Change in primary oil demand by sector and region in the central New Policies Scenario, 2010-2035. The 450 Scenario works back from the international goal of limiting the long-term increase in the global mean temperature to two degrees Celsius (2 °C) above pre-industrial levels, in order to trace a plausible pathway to that goal.

Oil 247

Oil Transportation Cheap Fleet 247