article thumbnail

This Rice University Professor Developed Cancer-Detection Technology

Cars That Think

When precancerous tissue forms, new blood vessels grow to supply it with blood. To develop medical devices to improve comprehensive care for newborns, she and Oden helped launch Newborn Essential Solutions and Technologies , known as NEST360, in 2017. But that tool helped with only one health issue newborns might face, she says.

Universal 115
article thumbnail

Saudis Expand Price War Downstream

Green Car Congress

With Saudi Arabia's refined fuel contributing to the global supply glut, what will be its impact on the refining markets especially those in Asia? Indian refiners are now buying more crude oil from Nigeria, Iraq, Venezuela and Mexico. Saudis have moved into the product business in a big way,” said Fereidun Fesharaki of FGE Energy.

article thumbnail

Opinion: The Current Oil Price Rally Is Reaching Its Limits

Green Car Congress

Moreover, supply outages in places like Iraq and Nigeria have also knocked at least a quarter of a million barrels per day offline, an unexpected disruption that put upward pressure on prices in March. The backlog of DUCs should be worked through this year and next, returning to normal by the end of 2017. “If

article thumbnail

Opinion: Saudis Could Face An Open Revolt At Next OPEC Meeting

Green Car Congress

CME Brent oil futures project continuity: as of August 18, 2015, CME Brent futures projected the price remaining below $60/bbl until June 2017. As we have pointed out, RBC Capital’s fragile five , Algeria, Libya, Nigeria, Iraq and Venezuela, the pain is intense.

article thumbnail

Oil Prices Running Out Of Reasons To Rally

Green Car Congress

At the start of 2017, there are two major dynamics at play occurring at the same time, each pushing in opposite directions on the market. The OPEC deal is slated to take oil off the market, while US drilling is expected to add new supply. The pace and magnitude of each trend will ultimately drive oil prices one way or the other.

article thumbnail

Increase in US rig count will not cap oil prices

Green Car Congress

If prices went too low the LTO operators couldn’t afford to drill, which would shrink supply and cause prices to rise. If they somehow collude to restrict supply to affect prices they will be prosecuted and perhaps sent to jail. If and when prices rose the US rig count would rise and ultimately cause prices to fall again.