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Today’s Stunted Oil Prices Could Cause Oil Price Shock In 2020

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As oil prices remain unsteady and OPEC continues to make headlines every hour, the world is focused on oil’s immediate future. In a speech made at the Association of International Petroleum Negotiators’ 2017 International Petroleum Summit, Johnston laid out his concerns for the future of oil.

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The Oil War Is Only Just Getting Started

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The Oil War Is Only Just Getting Started. It’s been a month now that investors and analysts have been closely watching two main drivers for oil prices: how OPEC is doing with the supply-cut deal, and how US shale is responding to fifty-plus-dollar oil with rebounding drilling activity.

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3 Years Of Painful Cuts Sets Oil Markets Up For Serious Supply Crunch

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Statoil says that global capex is set to fall for two years in a row, and is on track to fall for a third year in 2017 as more spending cuts are likely. That widens to more than a million barrels per day in both 2017 and 2018. That will prevent any short-term price spike even if depletion surpasses new production.

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EIA AEO2015 projects elimination of net US energy imports in 2020-2030 timeframe; transportation energy consumption drops

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AEO2015 presents updated projections for US energy markets through 2040 based on six cases (Reference, Low and High Economic Growth, Low and High Oil Price, and High Oil and Gas Resource) that reflect updated scenarios for future crude oil prices. trillion cubic feet (Tcf) in the Low Oil Price case to 13.1

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Study projects emission impacts of inexpensive, efficient EVs: 36% further reduction in LDV GHG by 2050, or 9% economy-wide

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Compared to the reference case, in which gasoline vehicles (ICEVs) remain dominant through 2050 (BAU), OPT results in 16% and 36% reductions in LDV greenhouse gas (GHG) emissions for 2030 and 2050, respectively, corresponding to 5% and 9% reductions in economy-wide emissions. Credit: ACS, Keshavarzmohammadian et al. Click to enlarge.

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Baker Institute expert: crude-oil production increase a risky strategy for Saudi Arabia

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An increase in Saudi oil production could also be incentivized by expectations that restrictions on burning of fossil fuel will intensify in the future, as importing states impose policies aimed at mitigating greenhouse gas emissions causing climate change. —Krane (2017). —Krane (2017). 2017.08.052.

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GE Aviation testing 100% Gevo Alcohol-to-Jet fuel

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In October 2017, Gevo announced a partnership with Los Alamos National Laboratory (LANL) on a project to improve the energy density of Gevo ATJ to meet product specifications for tactical fuels for specialized military applications such as RJ-4, RJ-6 and JP-10, which are currently purchased by the US Department of Defense (DoD).

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