Green Car Congress

DECEMBER 10, 2015

With OPEC breaking down and any kind of coordination among its members on price cuts looking increasingly unlikely, it now appears that oil prices could remain below $50 a barrel for a year or more. A stripper is a small operator of very old oil wells that frequently produce less than five barrels per day of oil.

Oil Prices 150

Oil Prices Oil Price 2002 150

Green Car Congress

JUNE 1, 2016

Total global oil production could decline for the next several years in a row as scarce new sources of supply come online. According to data from Rystad Energy, overall global oil output will fall this year as natural depletion overwhelms all new sources of supply. The price acts as a self-correcting mechanism.

Oil 150

Oil Supplies Market Oil Prices 150

Green Car Congress

JANUARY 23, 2019

That leaves a rather large backlog that could add a wave of new supply, even if the pace of drilling begins to slow. 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. It’s really 2020 and 2021.”.

Oil 236

Oil Oil Prices 2019 Price 236

Green Car Congress

MARCH 24, 2016

Oil prices have climbed by about 50 percent from their February lows, topping $40 per barrel. But the rally could be reaching its limits, at least temporarily, as persistent oversupply and the prospect of new shale production caps any potential price increase. That has sparked a renewed sense of optimism among oil traders.

Oil Prices 150

Oil Prices Oil Price North Dakota 150

Green Car Congress

DECEMBER 30, 2015

OPEC says that $10 trillion worth of investment will need to flow into oil and gas through 2040 in order to meet the world’s energy needs. 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. mb/d between 2020 and 2025, 3.3

Oil Prices 150

Oil Prices Oil Price Climate Change 150

Green Car Congress

JANUARY 5, 2019

US regular retail gasoline prices averaged $2.72 per gallon (gal) in 2018, 30 cents/gal (13%) higher than in 2017 and 57 cents/gal higher than in 2016. In 5 of the 10 cities for which EIA collects weekly retail price data, gasoline prices exceeded $3.00/gal gal at least once in 2018. gal to $2.91/gal gal during the year.

Gasoline 236

Gasoline San Francisco 2017 Price 236

Green Car Congress

NOVEMBER 15, 2018

Renewable diesel net supply to California’s fuel market has increased since the state’s Low Carbon Fuel Standard (LCFS) program went into effect in 2011, reaching 100 million gallons during the second quarter of 2018, or 10.1% of the total diesel supplied to California that quarter, according to the US Energy Information Administration (EIA).

Diesel 283

Diesel Renewable Carbon Standards 283

Green Car Congress

NOVEMBER 18, 2015

Russia’s central bank recently warned about the growing financial risks to the Russian economy from Saudi Arabia encroaching upon its traditional export market for crude oil. Russia sends 70 percent of its oil to Europe, but Saudi Arabia has been making inroads in the European market amid the oil price downturn.

Saudi Arabia 150

Saudi Arabia Oil Europe Russia 150

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% Mine supply continued to edge higher in 2019, albeit by a relatively slow 0.7%—an Consequently, molybdenum prices came under downward pressure. decline in 2019.

2020 186

2020 2019 2018 Oil 186

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

SEPTEMBER 13, 2017

A number of factors are pushing Saudi Arabia to raise its crude-oil production capacity, but the wide range of potential outcomes suggests that such an increase is a risky strategy for the kingdom and the global environment, according to a new article by an expert from Rice University’s Baker Institute for Public Policy.

Saudi Arabia 150

Saudi Arabia Oil Production Climate 150

Green Car Congress

DECEMBER 10, 2012

billion program of pipeline expansions to carry an additional 400,000 barrels per day (bpd) of light oil from North Dakota and western Canada to refinery markets in Ontario, Quebec and the US Midwest. billion investment rounds out our suite of major crude oil new market access initiatives for North American markets. Enbridge Inc.

North Dakota 344

North Dakota Canada Light Oil 344

Green Car Congress

APRIL 30, 2013

John Hofmeister, former President of Shell Oil Company and founder and CEO of Citizens for Affordable Energy (CFAE), is joining the Fuel Freedom Foundation (FFF) Advisory Board. There will not be enough oil to stay on the path we’re on globally over the short- and medium-, let alone the long-term. We need a competitor for oil.

Alternative Fuels 295

Alternative Fuels Oil Transportation Fuel 295

Green Car Congress

DECEMBER 16, 2013

The differences from AEO2013 to AEO2014 result from different fuel prices, updated manufacturer product offerings, changing technology attributes, and an updated view of consumer perceptions of infrastructure availability for E85 vehicles. Projected low prices for natural gas make it a very attractive fuel for new generating capacity.

Oil 290

Oil Light Energy Vehicles 290

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

OCTOBER 20, 2015

November 27, oil consuming countries will celebrate the first anniversary of the Saudi decision to let market forces determine prices. This decision set crude prices on a downward path. Subsequently, to defend market share, the Saudis increased production, which exacerbated market oversupply and further pressured prices.

Russia 150

Russia Oil Saudi Arabia Market 150

Green Car Congress

JANUARY 3, 2022

Meanwhile, wet waste feedstocks, such as animal manure and fats, oils, and greases (FOG), represent another important category of resources that could be utilized to produce MCCI bioblendstocks due to its abundant availability. demand in 2016. demand in 2016. Skaggs et al. Skaggs et al. —Ou et al. GLE and $0.9/GLE.

Waste 434

Waste Diesel Renewable Convert 434

Green Car Congress

FEBRUARY 23, 2017

The report estimates consumption to have been more than 500,000 barrels per day (b/d) in 2016. Most of China’s methanol supply is from domestic production. Smaller amounts of China’s methanol supply are imported from the Middle East, Southeast Asia, South America, and the United States.

2000 150

2000 2016 Fuel China 150

Green Car Congress

JULY 13, 2016

The 2016 Billion-Ton Report , volume 1, updates and expands upon analysis in the 2011 US Billion-Ton Update ( earlier post ), which was preceded by the 2005 US Billion Ton Study ( earlier post ). The Billion Ton 2016 is the third in the series of these Billion Ton reports.

2016 150

2016 South Dakota North Carolina 2005 150

Green Car Congress

NOVEMBER 14, 2022

Growth in oil use, particularly aviation, and coal use are behind most of the increase in 2022. CO 2 emissions from oil use are expected to grow 2.2% [0.9% to 3.2%], primarily due to an increase in international aviation, but oil use remains below 2019 levels and have not fully recovered from the COVID19 pandemic in 2020.

Global 221

Global Emissions Carbon Coal 221

Green Car Congress

AUGUST 6, 2015

A flood of bearish news has pushed down oil prices to their lowest levels in months, with WTI nearing $45 per barrel and Brent flirting with sub-$50 territory. With a bear market back, there is pessimism throughout the oil markets. Also, the ban on oil exports kept oil stuck within US borders.

Oil Prices 150

Oil Prices Oil United States North America 150

Green Car Congress

MAY 5, 2016

A new study by a team from Carnegie Mellon University’s College of Engineering has found that even large increases in lithium prices are unlikely to increase significantly the cost of batteries or battery packs for end users such as vehicle manufactures or consumers—although some manufacturers may see reduced profit margins.

Li-ion 150

Li-ion Lithium Ion Price Market 150

Green Car Congress

MARCH 23, 2017

It’s been six months now that oil prices have been reacting to OPEC, first to the possibility of an agreement, and then to the production cut deal itself, forged by OPEC to rebalance the market. Having a smaller footprint globally would, in turn, mean that OPEC would wield less influence over the price of oil.

Iraq 150

Iraq Saudi Arabia Oil Oil Prices 150

Green Car Congress

OCTOBER 25, 2015

It may just delay the adjustment for oil markets. “It In fact, Jeffries sees the spring of 2016 as a more critical deadline for struggling drillers hoping to keep their credit lines open. “We Maintaining access to finance can come at a price. The ratings agency cut its forecasted oil price for 2016 to just $48 per barrel.

Saudi Arabia 150

Saudi Arabia Oil Prices Oil Russia 150

Green Car Congress

MAY 23, 2016

The 2 June 2016 OPEC meeting will be held amid a backdrop of oil prices near $50 per barrel, a sharp drop in Nigerian production due to sabotage, turmoil in Venezuela, Saudi Arabia operating with a new oil minister, and Iran aggressively pumping close to pre-sanction levels. million barrels per day (bpd).

Saudi Arabia 150

Saudi Arabia Iran Store Oil 150

Green Car Congress

JANUARY 27, 2023

Under this project, Algenesis will demonstrate a scaled supply process for generating polyurethane monomers at sufficient quantity to produce a line of prototype consumer products with our corporate partners. per GGE, with lifecycle emissions reductions exceeding 80% over petroleum. gallon with over 80% reduction in greenhouse gas emissions.

Production 225

Production Carbon Conversion Mariner 225

Green Car Congress

JULY 5, 2022

producers and importers) to reduce the carbon intensity of their liquid fossil fuels used in Canada from 2016 carbon intensity levels. Compliance category 2: supplying customers with low carbon intensity fuels (e.g., The Clean Fuel Standard will require liquid fossil fuel primary suppliers (i.e., gCO 2 e/MJ. ethanol, bio-diesel).

Canada 199

Canada Clean Cleaning Fuel 199

Green Car Congress

OCTOBER 6, 2015

Putin has highlighted on various occasions the contribution Russia’s mineral wealth, in particular oil and natural gas, must make for Russia to be able to sustain economic growth, promote industrial development, catch up with the developed economies, and modernize Russia’s military and military industry. Russia supplied about 30 percent (146.6

Russia 150

Russia Saudi Arabia Iran Iraq 150

Green Car Congress

AUGUST 7, 2015

Lower crude oil prices and strong demand for petroleum products, primarily gasoline, both in the United States and globally, have led to favorable margins that encourage refinery investment and high refinery runs. Total US motor gasoline product supplied is up 2.9% million b/d in the first quarter of 2016.

Gasoline 150

Gasoline 2014 Louisiana Oil 150

Green Car Congress

SEPTEMBER 25, 2015

The regulation puts in place a three-step process beginning in 2016 to create a path to bring cleaner diesel substitutes into the market. The average carbon intensity requirements for years 2016 to 2020 reflect reductions from revised base year (2010) CI values for CaRFG (98.47). [ The LCFS applies to liquid and non-liquid fuels.

Carbon 150

Carbon California Fuel Diesel 150

Green Car Congress

AUGUST 28, 2017

On 27 October 2016, the International Maritime Organization (IMO) announced that beginning on 1 January 2020, the maximum sulfur content allowed in marine bunker fuel will be reduced from 3.50% mass by mass (m/m) to 0.50% m/m (35,000 ppm to 5,000 ppm)—five years earlier than many expected. Earlier post.)

Mariner 150

Mariner 2020 Fuel 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. —Kurt Barrow.

Fuel 170

Fuel Mariner Oil 2020 170

Green Car Congress

FEBRUARY 25, 2010

Canadian Oil Sands Trust, the largest stakeholder (36.74%) in the Syncrude oil sands project, announced plans to increase the synthetic crude oil production capacity at Syncrude Mildred Lake upgrader to 425,000 barrels per day by 2020 from 350,000 now. Marcel Coutu, Canadian Oil Sands’ President and CEO. and Imperial Oil.

Oil-Sands 199

Oil-Sands Oil 2020 Canada 199

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. billion vs. $1.6 billion to $3.5)

Saudi Arabia 150

Saudi Arabia Russia Oil 2015 150

Green Car Congress

APRIL 24, 2017

The sustainable biofuel is produced by AltAir Fuels from used cooking oil and supplied by SkyNRG. One example is Air Canada’s participation as an airline partner in Canada’s Biojet Supply Chain Initiative ( CBSCI ). In 2016 Air Canada continued taking delivery of the Boeing 787 Dreamliner.

Canada 170

Canada Emissions 2016 2012 170

Green Car Congress

MARCH 18, 2016

A techno-economic analysis by a team from the University of Illinois at Urbana Champaign and Virginia Polytechnic Institute and State University has determined that biodiesel produced from oil from genetically modified lipid-producing sugarcane (lipid-cane) is much more economical than biodiesel produced from soybean oil. percent oil.

Engine 150

Engine Oil Virginia Illinois 150

Green Car Congress

DECEMBER 17, 2010

Shale gas offsets declines in other US supply to meet. The Annual Energy Outlook 2011 (AEO2011) Reference case released yesterday by the US Energy Information Administration (EIA) more than doubles the technically recoverable US shale gas resources assumed in AEO2010 and added new shale oil resources. Source: EIA. Click to enlarge.

Gas 199

Gas 2011 Price Energy 199