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$10-Trillion Investment Needed To Avoid Massive Oil Price Spike Says OPEC

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The OPEC published its World Oil Outlook 2015 (WOO) in late December, which struck a much more pessimistic note on the state of oil markets than in the past. On the one hand, OPEC does not see oil prices returning to triple-digit territory within the next 25 years, a strikingly bearish conclusion.

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CAR: US light-duty vehicle sales to dip in 2019

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The Center for Automotive Research’s (CAR’s) updated automotive sales outlook forecasts US light-duty vehicle sales at 16.8 CAR’s forecast includes a continuation of sales declines in 2020 and 2021 down to 16.5 CAR projects sales to rebound to 16.8 US Light Vehicle Sales, 2015-2018, and CAR’s Forecast, 2019-2025.

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Navigant forecasts global annual natural gas vehicle sales to reach 3.9M in 2025, up 62.5% from 2015

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In its new Natural Gas Vehicles report, Navigant Research forecasts that global annual NGV sales—light-, medium- and heavy-duty—will grow 62.5% million vehicles in 2015 to 3.9 between 2015 and 2025. million LD NGVs sales in 2025. million in 2025. million, accounting for 2.6% of all LDVs.

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Opinion: Consumers winning with low oil prices, for now

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Lest we be too quick to forget whence we came, America is now 9-months into lower gasoline prices, which started their swoon the week of June 30, 2015 from a lofty national average just under $3.70, tumbling almost every subsequent week before bottoming and bouncing from $2.02 the end of January, according to gasbuddy.com.

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IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

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IHS Automotive forecasts global automotive sales for 2015 to reach 88.6 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. For the APAC region in 2015, IHS forecasts that China’s economic growth will decelerate further, to 6.5%

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Navigant forecasts global light duty electrified vehicle sales to exceed 6.0M in 2024; PEVs to account for roughly half

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In a new report, Electric Vehicle Market Forecasts , Navigant research projects that under its base scenario, global sales of light duty electrified vehicles (i.e., million vehicle sales in 2015 to more than 6.0 million in 2024. Under a conservative scenario, Navigant forecasts more than 5.8 Electric Vehicle Market Forecasts”.

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Pike forecasts Asia-Pacific to be largest PEV market, with more than 1.2M units by 2015; China to represent 53% of total sales

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Total PEV sales in Asia-Pacific. Unit sales of all electrified vehicles in Asia-Pacific will surpass 1.2 million by 2015 at a compound annual growth rate (CAGR) of 28% (2010-2015), according to the report. billion in 2015. billion in 2015. By 2015, Bae expects that a total of 2.6 Click to enlarge.

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