Green Car Congress

SEPTEMBER 22, 2012

Pike Research forecasts that biorefineries globally will attract $170 billion in new capital investment between 2012 and 2022, reaching 81 billion gallons per year (BGY) of installed capacity. thermochemical and hybrid conversion pathways are expected to increase over the remainder of the forecast period. Source: Pike Research.

Brazil 236

Brazil Italy Stimulus 2012 236

Green Car Congress

APRIL 18, 2020

IHS Markit is forecasting that global commercial vehicle production (GVW 4-8) volumes in 2020 compared to 2019 will be down 22% (more than 650,000 units) to 2.6 These forecasts are informed by the latest IHS Markit global economic forecast updates, which reflect a 3.0% million units, in the wake of the COVID-19 pandemic.

2020 191

2020 Commercial Global Production 191

Green Car Congress

JUNE 1, 2016

That widens to more than a million barrels per day in both 2017 and 2018. The problem is that, unlike many other industries, resource extraction is extremely volatile, with supply responses very delayed. If spot oil prices suddenly rise, forecasts are revised sharply upwards. Of course, these figures are not inevitable.

Oil 150

Oil Supplies Market Oil Prices 150