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Why Is The Shale Industry Still Not Profitable?

Green Car Congress

The firm said that in the third quarter of 2017, the “average operating cost per barrel has broadly remained the same without any efficiency gains.” Not only that, but the cost of producing a barrel of oil, after factoring in the cost of spending and higher debt levels, has actually been rising quite a bit.

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GM to cease manufacturing in Australia by 2017

Green Car Congress

The company will discontinue vehicle and engine manufacturing and significantly reduce its engineering operations in Australia by the end of 2017. Holden will continue to have a presence in Australia beyond 2017, consisting of a national sales company, a national parts distribution center and a global design studio.

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The Next Oil Price Spike May Cripple The Industry

Green Car Congress

How it is possible for the price of oil to go both up and not up, and what would that mean for the oil industry? In fact, we have been highlighting this threat to the energy industry in articles since 2015, for example here , here , here and here.) Why an oil price spike would be bad for the industry. We will explain.

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Ports of LA, Long Beach approve 2017 Clean Air Action Plan; targeted GHG reductions; zero-emissions on-road drayage by 2035

Green Car Congress

The governing boards of the ports of Los Angeles and Long Beach unanimously approved the 2017 Clean Air Action Plan (CAAP) Update , ushering in a new era of aggressive clean air strategies for moving cargo through the nation’s busiest container port complex. The combined port complex is on pace in 2017 for the busiest year ever.

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UPS plans to build 9 additional LNG stations at cost of ~$50M

Green Car Congress

Building these fueling stations is a solid future investment for UPS. By 2017, our goal is to reach one billion miles driven by our alternative fuel and advanced technology fleet. UPS operates one of the largest private alternative fuel fleets in the industry with more than 2,700 alternative fuel and advanced technology vehicles.

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Responsible Battery Coalition and U Michigan launch study to compare electric and gas vehicle lifetime costs

Green Car Congress

The Responsible Battery Coalition, in partnership with the University of Michigan Center for Sustainable Systems, launched a comprehensive research project to compare the total cost of ownership of gas and electric vehicles (EVs). Projections of future gasoline and electricity prices. Refueling patterns based on driver time valuation.

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ICCT life-cycle analysis finds no climate benefit in using LNG as marine fuel

Green Car Congress

Additionally, LNG engines are tuned to either emit low nitrogen oxide (NO x ) emissions—at the cost of higher methane emissions in some cases—or to incorporate NO x reduction technologies such as exhaust gas recirculation (EGR) or selective catalytic reduction (SCR). 2017) that actual ship operations are different.

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