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

Green Car Congress

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. The price acts as a self-correcting mechanism.

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

Green Car Congress

At least 38 national governments have enacted blending mandates or targets to accelerate the expansion of biofuels production and consumption in the transportation sector. growth in the industry over the next decade, Pike expects production volumes to fall short of an estimated 71.8 Pike expects ethanol production to maintain its.

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

Green Car Congress

According to a new report from Pike Research, the increased production and consumption of biofuels will more than double the industry’s market value in the next decade. Pike projects that by 2021, the production of biofuels derived from a range of feedstocks will reach 65.7 Pike expects ethanol production to maintain its.

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