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EIA forecasts US crude oil production rate to break record high in 2018 and again in 2019; 10.3 and 10.8 million b/d

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million barrels per day (b/d) in 2017 and is estimated to have averaged 9.9 Increased production from the Permian region in Texas and New Mexico accounts for 0.8 million b/d of crude oil production growth from December 2017 to December 2019. million b/d increase from estimated December 2017 levels. million b/d in 2017.

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Bloomberg Intelligence: US border tax could boost gasoline prices average $0.30/gallon

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If the proposed broad 20% border-adjustment tax were implemented and applied to the energy sector, the result would likely lead to a large increase in gasoline prices and a big premium in domestic oil prices vs. international, according to new analysis by Bloomberg Intelligence. Mexico is the fourth-largest supplier of US oil imports.

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Renault-Nissan Alliance and Daimler expand cooperation with new $1.4B plant in Mexico; next-gen compacts for Mercedes-Benz and Infiniti

Green Car Congress

The Renault-Nissan Alliance and Daimler AG are significantly expanding their cooperation with joint development of premium compact vehicles and joint production in Mexico. Start of production is planned for 2017 with Infiniti models. This increased Nissan’s total capacity in Mexico to more than 850,000 vehicles annually.

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GM Flint Engine builds millionth 1.4L engine; transitioning to new engine for Chevy Volt and Cruze

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liter engine production this week and begin production of the new Ecotec small gasoline engine—announced for the next gen Cruze and Volt—by year’s end. The all-new Ecotec small gasoline engine will be built in eight engine plants in six countries, including Flint, producing 2.5 million engines a year by 2017.

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Renault-Nissan Alliance and Daimler partnership solid and expanding; 12 projects on three continents

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In June 2014, as a major recent milestone, Nissan and Daimler announced plans to develop jointly premium compact vehicles and jointly to manufacture them in Mexico. Production will begin in 2017 with Infiniti models. When fully ramped up, the Mexico facility will have production capacity of 300,000 units per year.

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Infiniti offering 3 versions of new QX30 premium crossover next year; all conventional powertrains

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liter turbocharged 4-cylinder mated to a 7-speed dual clutch automatic transmission, and is scheduled to go on sale in the US and Canada in mid-2016 and in Mexico and Latin America in the second half of 2016. 2017 Infiniti QX30 and QX30S. The QX30 line for the US and Canada is powered by a 208 hp, 2.0-liter Click to enlarge.

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Cooperation between Daimler and Renault-Nissan Alliance deepening in 2016

Green Car Congress

Nissan and Daimler broke ground on the US$1-billion Aguascalientes, Mexico, plant in 2015, which will produce next-generation premium compact vehicles for Infiniti as of 2017 and for Mercedes-Benz starting in 2018. Construction will be completed in 2017, followed by preparation for pilot production of Infiniti vehicles.

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