Green Car Congress

SEPTEMBER 13, 2020

The molybdenum market enjoyed three years of growing demand between 2016 and 2018, but macroeconomic concerns and a slower steel market resulted in a 2.3% —an identical rate of growth as 2018. Consequently, molybdenum prices came under downward pressure. The price of molybdenum oxide reached a peak of US$12.5/lb

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2020 2019 2018 Oil 186

Green Car Congress

JANUARY 23, 2019

The total number of DUCs hit 8,723 in November 2018, up 287 from a month earlier. That figure is also up sharply from the 5,271 from the same month in 2016, a 60 percent increase. The latest crash in oil prices once again raises this prospect. The calculus on completing wells can cut two ways.

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Oil Oil Prices 2019 Price 236

Green Car Congress

NOVEMBER 7, 2019

Going from nearly 2 million barrels per day annual growth in 2018, an all-time global record, to essentially no growth by 2021 makes it pretty clear that this is a new era of moderation for shale producers. It all represents the strongest headwinds for shale producers since the oil price collapse in 2015. —Raoul LeBlanc.

Oil 170

Oil Price Oil Prices Production 170

Green Car Congress

NOVEMBER 4, 2019

in 2018, driven in large part by the People’s Republic of China, India and the United States, which were responsible for 70% of demand growth. in 2018—the slowest rate since 2010—according to Energy Efficiency 2019 , the IEA’s annual report on energy efficiency. Global primary energy demand rose by 2.3%

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Global Energy 2018 Coal 150

Green Car Congress

JUNE 1, 2016

That widens to more than a million barrels per day in both 2017 and 2018. To be sure, there are extremely large volumes of oil sitting in storage, which will take a few years to work through. That will prevent any short-term price spike even if depletion surpasses new production. Of course, these figures are not inevitable.

Oil 150

Oil Supplies Market Oil Prices 150

Green Car Congress

APRIL 11, 2017

In its latest Short-Term Energy Outlook (STEO), the US Energy Information Administration (EIA) projects that US crude oil production, which averaged an estimated 8.9 million barrels per day (b/d) in 2016, will average 9.2 million b/d in 2018. For all of 2017, the forecast average price for regular gasoline is $2.39/gal,

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Gasoline Production Gasoline-Electric Oil 150

Green Car Congress

JUNE 11, 2018

In 2016, the IMO confirmed that global refiners and shippers would have to comply with these new environmental regulations five years earlier than many anticipated, which sent tidal waves through two industries that typically take many years to adapt to such significant change. —Sandeep Sayal.

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Fuel Mariner Oil 2020 170

Green Car Congress

FEBRUARY 9, 2010

Oil price and supply dependencies will continue the search for alternative fuel sources, and battery powered vehicles can have a significant impact on that equation. This price reduction will create the economic incentive to appeal to a broader consumer base.

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Prius Toyota PHEV Hybrid 186

Green Car Congress

DECEMBER 16, 2013

This resulted in the significantly lower level of VMT growth after 2018 compared with AEO2013. Domestic crude oil production increases sharply in the AEO2014 Reference case, with annual growth averaging 0.8 million barrels per day (MMbbl/d) through 2016, when domestic production comes close to the historical high of 9.6

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Oil Light Energy Vehicles 290