2019 Gas Industry Oil Prices 
Green Car Congress
JANUARY 11, 2023
Despite efforts to continue stimulating the US economy in the wake of the pandemic, high inflation put a damper on economic growth, which was exacerbated by a spike in oil prices as a result of Russia’s invasion of Ukraine. Little change in transportation and industry. Consequently, the US economy grew 1.9% GDP increase in 2021.
Green Car Congress
MAY 11, 2022
The US Energy Information Administration (EIA) forecasts that US crude oil production will average 11.9 million barrels per day set in 2019. Despite the increases in production, EIA expects the Brent crude oil price to remain above $100 per barrel this year, according to the agency’s May 2022 Short-Term Energy Outlook (STEO).
Green Car Congress
MARCH 11, 2019
New research released by NTEA – The Association for the Work Truck Industry confirms that fleets across the country are increasingly relying on biodiesel for their existing and new diesel vehicles. It is highly likely that clean energy solutions will remain relevant due to oil price instability.
Green Car Congress
OCTOBER 2, 2019
Conventional oil and gas discoveries during the past three years are at the lowest levels in seven decades and a significant rebound is not expected, according to a new report by global business information provider IHS Markit. —Keith King, senior advisor at IHS Markit and a lead author of the IHS Markit E&P trends analysis.
Green Car Congress
SEPTEMBER 13, 2020
decline in 2019. Mine supply continued to edge higher in 2019, albeit by a relatively slow 0.7%—an Other uses for molybdenum include catalysts for the petroleum industry, inks for circuit boards, pigments and electrodes. Consequently, molybdenum prices came under downward pressure. bbl in December 2019 to US$18.4/bbl
Green Car Congress
NOVEMBER 9, 2019
Oil production in Alberta in September 2019 was 16.75 Non-conventional (or oil sands) production, which constituted 83.8% of all oil production in Alberta in September 2019, increased by 3.9% year-over-year, while production of conventional oil was down 6.2% —Sonya Savage, Minister of Energy.
Green Car Congress
NOVEMBER 4, 2019
Energy efficiency has tremendous potential to boost economic growth and avoid greenhouse gas emissions, but the global rate of progress is slowing, according to a new report by the International Energy Agency. in 2018—the slowest rate since 2010—according to Energy Efficiency 2019 , the IEA’s annual report on energy efficiency.
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