Green Car Congress

AUGUST 7, 2015

Many oil companies had trimmed their budgets heading into 2015 to deal with lower oil prices. But the collapse of prices in July—owing to the Iran nuclear deal, an ongoing production surplus, and economic and financial concerns in Greece and China—have darkened the mood. by Nick Cunningham of Oilprice.com.

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Oil Saudi Arabia Supplies Oil Prices 150

Green Car Congress

JANUARY 6, 2022

The world’s two largest economies—the United States and China—are poised to be the world’s top export and import markets for liquefied natural gas (LNG), respectively, in 2022, according to a new report by IHS Markit. Average utilization for US plants climbed from 43% in third quarter 2020 to 98% in third quarter 2021.

Qatar 186

Qatar China United States Brazil 186

Green Car Congress

AUGUST 28, 2017

On 27 October 2016, the International Maritime Organization (IMO) announced that beginning on 1 January 2020, the maximum sulfur content allowed in marine bunker fuel will be reduced from 3.50% mass by mass (m/m) to 0.50% m/m (35,000 ppm to 5,000 ppm)—five years earlier than many expected. Earlier post.) —Sandeep Sayal.

Mariner 150

Mariner 2020 Fuel Oil 150

Green Car Congress

APRIL 7, 2021

EIA also forecasts the Brent crude oil price will average $64 per barrel this summer, a 78% increase from last summer’s average of $36 per barrel. That price increase paired with an increase in gasoline and diesel demand will likely increase the cost of regular gasoline and diesel fuel this summer. million b/d from March 2020.

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2019 Fuel Coal 2020 186

Green Car Congress

JANUARY 23, 2019

That leaves a rather large backlog that could add a wave of new supply, even if the pace of drilling begins to slow. Some level of DUCs is normal, but the ballooning number of uncompleted wells has repeatedly fueled speculation that a sudden rush of new supply might come if companies shift those wells into production.

Oil 236

Oil Oil Prices 2019 Price 236

Green Car Congress

NOVEMBER 7, 2011

Global demand for oil may well peak before 2020, falling back to levels significantly below 2010 demand by 2035, according to a multi-client research study conducted by Ricardo Strategic Consulting launched in June 2011 in association with Kevin J. The world is nearing a paradigm shift in oil demand. Lindemer LLC.

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Oil 2010 2020 Global 210

Green Car Congress

JULY 25, 2013

However, fossil fuels continue to supply nearly 80% of world energy use through 2040. Natural gas is the fastest-growing fossil fuel, as global supplies of tight gas, shale gas, and coalbed methane increase. Renewable energy and nuclear power are the world’s fastest-growing energy sources, each increasing 2.5%

2010 317

2010 Transportation Fuel Energy 317

Green Car Congress

MAY 22, 2020

Due to the collapse in oil prices, IHS Markit expects US producers are in the process of curtailing about 1.75 Due to the collapse in oil prices, IHS Markit expects US producers are in the process of curtailing about 1.75 These reductions are not permanent. Over the past decades, the industry has specialized.

Oil 186

Oil Canada Oil-Sands Production 186

Green Car Congress

OCTOBER 27, 2010

billion by 2020. Secondary considerations include favorable regulations around biofuels mandates, greenhouse gas (GHG) emissions, wastewater treatment, and livestock operation, as well as potential co-location opportunities (wastewater remediation and carbon recycling). the Synthetic Genomics Inc. and Exxon Mobil Corp.

2020 319

2020 Production Water Oil Prices 319

Green Car Congress

AUGUST 6, 2015

A flood of bearish news has pushed down oil prices to their lowest levels in months, with WTI nearing $45 per barrel and Brent flirting with sub-$50 territory. With a bear market back, there is pessimism throughout the oil markets. However, the WTI/Brent spread has shrunk more dramatically since the collapse in oil prices.

Oil Prices 150

Oil Prices Oil United States North America 150

Green Car Congress

SEPTEMBER 20, 2011

Unconventional liquids become increasingly important in the total supply of liquid fuels, according to IEO2011. World oil prices remain high in the IEO2011 Reference case, but oil consumption continues to grow; both conventional and unconventional liquid supplies are used to meet rising demand. Click to enlarge.

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Oil-Sands Oil 2008 Oil Prices 220

Green Car Congress

DECEMBER 17, 2010

Shale gas offsets declines in other US supply to meet. The Annual Energy Outlook 2011 (AEO2011) Reference case released yesterday by the US Energy Information Administration (EIA) more than doubles the technically recoverable US shale gas resources assumed in AEO2010 and added new shale oil resources. Source: EIA.

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Gas 2011 Price Energy 199

Green Car Congress

JUNE 27, 2012

World oil production capacity to 2020 (crude oil and NGLs, excluding biofuels). Oil production capacity is surging in the United States and several other countries at such a fast pace that global oil output capacity could grow by nearly 20% from the current 93 million barrels per day to 110.6 Source: Maugeri 2012.

Oil 261

Oil Oil-Sands Price Production 261

Green Car Congress

FEBRUARY 25, 2010

Canadian Oil Sands Trust, the largest stakeholder (36.74%) in the Syncrude oil sands project, announced plans to increase the synthetic crude oil production capacity at Syncrude Mildred Lake upgrader to 425,000 barrels per day by 2020 from 350,000 now. Nexen Oil Sands Partnership, and Petro-Canada Oil and Gas (Suncor).

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Oil-Sands Oil 2020 Canada 199

Green Car Congress

JUNE 11, 2018

Barrow, along with Sandeep Sayal, vice president, downstream energy research at IHS Markit, is author of a new quarterly IHS Markit research deliverable dedicated to analysis of the impact of the IMO Low-Sulfur Bunker Fuels Regulations, entitled “IMO 2020—The Global Bunker Fuel Sulfur Cap.”. —Kurt Barrow.

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Fuel Mariner Oil 2020 170

Green Car Congress

DECEMBER 5, 2012

Growth in diesel fuel consumption will be moderated by the increased use of natural gas in heavy-duty vehicles. The United States becomes a net exporter of natural gas earlier than estimated a year ago. Biofuels grow at a slower rate due to lower crude oil prices and. Biomass and biofuels growth is slower.

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Fuel Energy Sale 2013 225

Green Car Congress

JANUARY 19, 2011

However, both cases result in global CO 2 emissions well above the IEA 450 scenario—a back-cast which illustrates what is required to stabilize greenhouse gas concentrations at 450 ppm. per year from 2010 to 2030 although growth decelerates slightly beyond 2020. Oil, excluding bio-fuels, will grow relatively slowly at 0.6%

Energy 210

Energy Economy Global Oil-Sands 210

Green Car Congress

NOVEMBER 12, 2012

The WEO finds that the extraordinary growth in oil and natural gas output in the United States will mean a sea-change in global energy flows. In the New Policies Scenario, the WEO ’s central scenario, the United States becomes a net exporter of natural gas by 2020 and is almost self-sufficient in energy, in net terms, by 2035.

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Global 2012 Energy Oil 225

Green Car Congress

MAY 21, 2010

A new study by the Peterson Institute for International Economics concluded that the Kerry-Lieberman “American Power Act”—the energy and climate change legislation recently introduced in the Senate ( earlier post )—would reduced US oil imports by 33-40% below current levels and by 9-19% below projected business-as-usual levels by 2030.

Oil 220

Oil Climate Change Oil Prices 2005 220

Green Car Congress

DECEMBER 16, 2013

Greenhouse gas (GHG) emission standards and CAFE standards increase new LDV fuel economy through model year 2025 and beyond, with more fuel-efficient new vehicles gradually replacing older vehicles on the road and raising the fuel efficiency of the LDV stock by an average of 2.0% per year, from 21.5 l/100 km) in 2012 to 37.2

Oil 290

Oil Light Energy Vehicles 290

Green Car Congress

JULY 12, 2011

scenarios, and the sensitivity of the model to particular factors, the analysis reveals areas where intervention may be warranted: The capital costs associated with vehicle purchase, in relation to the costs for conventional vehicles; Supply constraints in the Australian market; and. supply constraints into the Australia market.

PHEV 210

PHEV Oil Prices Australia Price 210

Green Car Congress

APRIL 10, 2009

A new study by the French institute Enerdata, commissioned by the European Federation for Transport & Environment (T&E), suggests that the European CO 2 standards for new vehicles due to come into effect in 2012 will lead not only to a European savings on oil (mainly via lower oil import volumes) but also to slightly lower global oil prices.

Oil 150

Oil Standards Price Oil Prices 150

EV Report

APRIL 30, 2020

Americans still love their air-polluting and smog-producing gas guzzlers. Most people do know and feel that if we drive electric cars we could reduce the consumption of oil and could reduce pollution. It is seen only one third is taking step to buy at any point of time.

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Electric Cars Norway Cars Electrical 52

Green Car Congress

MAY 9, 2020

The second quarter of 2020 will see the largest volume of liquids production cuts, including shut-in production, in the history of the oil industry, according to IHS Markit. The Great Shut-In, a rapid and brutal adjustment of global oil supply to a lower level of demand is underway. Some will be impacted more than others.

Oil 170

Oil 2020 Global Oil Prices 170

Green Car Congress

FEBRUARY 19, 2015

It may be difficult to look beyond the current pricing environment for oil, but the depletion of low-cost reserves and the increasing inability to find major new discoveries ensures a future of expensive oil. Total global investment in oil and gas exploration grew rapidly over the last 15 years.

Oil Prices 150

Oil Prices Oil Price Iraq 150

Green Car Congress

JULY 2, 2013

The underlying assumption is that the world will immediately use whatever oil can be pumped from the ground, and that supply is independent of demand—that is, oil exploration investments bear no relation to the current oil price or expectations of future demand. —Brandt et al. But after ?2020,

Oil 207

Oil Oil-Sands Fuel Economy Transportation 207

Green Car Congress

FEBRUARY 3, 2010

The California LCFS calls for at least a 10% reduction from 2006 levels in the carbon intensity (measured in gCO 2 e/MJ) of California’s transportation fuels by 2020. It will protect us from volatile oil prices and provide consumers with cleaner fuels and provide the nation with greater energy security. Earlier post.).

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California Oil-Sands Oil 2005 199

Green Car Congress

NOVEMBER 13, 2013

The Middle East becomes the world’s second-largest gas consumer by 2020 and third-largest oil consumer by 2030, redefining its role in global energy markets. As the source of two-thirds of global greenhouse-gas emissions, the energy sector will be pivotal in determining whether or not climate change goals are achieved. …

Oil 275

Oil 2013 Energy Emissions 275

Green Car Congress

NOVEMBER 13, 2011

Under the central New Policies Scenario, automotive sales in non-OECD markets exceed those in the OECD by 2020, with the center of gravity of car manufacturing shifting to non-OECD countries before 2015. Short-term pressures on oil markets are easing with the economic slowdown and the expected return of Libyan supply.

Oil 247

Oil Transportation Cheap Fleet 247

The Truth About Cars

SEPTEMBER 19, 2023

The Energy Information Administration (EIA) estimates that Americans were burning through a million fewer barrels of oil last week than they were the week before. What isn’t dropping is oil prices and that seems to be making all the difference. throughout most of 2020. But it’s now at $3.85 I promise you.” million bbl.

Price 101

Price Saudi Arabia Fuel Oil 101

Green Car Congress

AUGUST 12, 2021

… We are engaging with relevant OPEC+ members on the importance of competitive markets in setting prices. Competitive energy markets will ensure reliable and stable energy supplies, and OPEC+ must do more to support the recovery. As a result, EIA’s crude oil price forecast remains mostly unchanged from the July STEO.

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Oil Production North Dakota Montana 243

The Truth About Cars

AUGUST 8, 2023

So they dial back the production for safety purposes, but that then constrains supply.” Beyond the heat, Kloza pointed to crude supply cuts from major producing countries in the OPEC+ alliance. In July, for example, Saudi Arabia starting reducing how much oil it sends to the global economy by 1 million barrels each day.

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Price Fuel Oil Climate Change 85