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

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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. A sharp rise in oil prices would spur new investment and new drilling.

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Pike Research forecasts global biofuels market to double by 2012 to $185.3B

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Pike Research forecasts that the global market for biofuels will more than double over the coming decade, increasing from $82.7 Key trends identified in the report include: Oil prices are expected to climb over the next decade, driving increased interest in. billion in 2011 to $185.3 billion by 2021. However, despite strong.

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Pike Research forecasts global biofuels market value to double to $185B by 2021

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Pike forecasts that the global market for biofuels will increase from $82.7 between 2017 and 2021, as a combination of higher oil prices, emerging mandate. Multiple aims include the reduction of dependence on imported oil, mitigation of greenhouse gas (GHG) emissions, and driving economic development. billion by 2021.

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PwC industry survey provides check-up on determining factors for EV success

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Global hybrid + EV assembly forecast. This is already a reality as governments around the world have offered billions of dollars in the form of loans, grants, and rebates through various stimulus programs. Respondents predict that coal will remain the primary energy source for EVs in 2020 (28.9%), followed by Fossil fuel/oil (21.4%).