Remove 2016 Remove Asia Remove Oil Prices Remove Water
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Report suggests low-speed electric vehicles could affect Chinese demand for gasoline and disrupt oil prices worldwide

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Low-speed electric vehicles (LSEVs) could reduce China’s demand for gasoline and, in turn, impact global oil prices, according to a new issue brief by an expert in the Center for Energy Studies at Rice University’s Baker Institute for Public Policy. “ —Gabriel Collins.

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EIA: China’s use of methanol in liquid fuels has grown rapidly since 2000; >500K bpd in 2016

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The report estimates consumption to have been more than 500,000 barrels per day (b/d) in 2016. Methanol, like ethanol, is an alcohol with inherent issues such as its solubility in water and corrosiveness. Smaller amounts of China’s methanol supply are imported from the Middle East, Southeast Asia, South America, and the United States.

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Forecast: Algae-Based Biofuels Production to Reach 61M Gallons per Year by 2020

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The European Union (EU) market, which is home to about 30% of algae activity, will be limited initially by the industry’s focus on university research, and later by insufficient access to water, land, and nutrient sources. Ultimately, algae potential is greatest in regions where there is an abundance of land, water, and sunlight.

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Opinion: Is Russia Plotting To Bring Down OPEC?

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The land-based oil distribution network is smaller, but also important. The Saudi decision to let the market set prices and to pursue market share, has led to steep declines in crude and petroleum product prices. in 2015 and 2016 respectively). in 2015 and 2016 respectively). Natural gas data from Gazprom).

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