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

Green Car Congress

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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TransCanada launches binding open season for eastern oil pipeline; oil sands crude to Eastern Canada

Green Car Congress

TransCanada Corporation will hold a binding open season to obtain firm commitments from interested parties for a pipeline to transport crude oil from Western Canada to Eastern Canadian markets. The Energy East Pipeline could eliminate Canada’s reliance on higher priced crude oil currently being imported, TransCanada suggests.

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IEA: Global oil discoveries and new projects fell to historic lows in 2016 while US shale surged; “two-speed” market

Green Car Congress

Global oil discoveries fell to a record low in 2016 as companies continued to cut spending and conventional oil projects sanctioned were at the lowest level in more than 70 years, according to the International Energy Agency, which warned that both trends could continue this year. Oil discoveries declined to 2.4

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MIT/RAND Study Concludes Three Types of Alternative Jet Fuel May Be Available in Commercial Quantities Over the Next Decade

Green Car Congress

The five different fuel groups were those derived: from conventional petroleum; from unconventional petroleum; synthetically from natural gas, coal, or combinations of coal and biomass via the FT process; renewable oils; and alcohols. million bpd. billion and $8.3 billion, according to the report. Reduced GHG impact.

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Road Test: 2022 Ford Escape PHEV Titanium FWD

Clean Fleet Report

Escaping High Fuel Prices; a Natural Bridge to an EV. Running on 87 octane, the front wheels (all-wheel drive is not available) are driven through a Continuously Variable Transmission (CVT) that has five driver selectable drive modes of Eco, Normal, Sport, Slippery and Snow/Sand. Pricing and Warranties. SE $35,435. SEL $38,170.

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Increase in US rig count will not cap oil prices

Green Car Congress

The impact of rising oil prices on North American light tight oil (LTO) production is said to be a “Catch 22”, the title of Joseph Heller’s popular 1961 novel set in WWII. Too many analysts continue to believe drilling and service has the same problem with rising oil prices. by David Yager for Oilprice.com.

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Road Test: 2022 Hyundai Santa Cruz Limited AWD

Clean Fleet Report

The “wet” part of a DCT means it uses oil to improve lubrication and cooling. A “dry” DCT does not use oil, but is the more fuel efficient of the two types. The MacPherson struts, coil springs, and gas-pressured shock absorbers up front, and the self-leveling multi-link rear suspension resulted in a composed and even ride.

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