Green Car Congress

DECEMBER 30, 2015

OPEC says that $10 trillion worth of investment will need to flow into oil and gas through 2040 in order to meet the world’s energy needs. The OPEC published its World Oil Outlook 2015 (WOO) in late December, which struck a much more pessimistic note on the state of oil markets than in the past. mb/d between 2020 and 2025, 3.3

Oil Prices 150

Oil Prices Oil Price Climate Change 150

Green Car Congress

DECEMBER 8, 2020

The Rockies saw the smallest slide (5.6%) but that is substantial enough to impact supply and demand balances as winter approaches. The data speaks to a major problem for the petroleum industry and oil prices as it recovers from unprecedented demand declines for most of 2020. Northeastern gasoline sales dropped 10.1%

Gasoline 321

Gasoline 2020 Wyoming New Jersey 321

Green Car Reports

JULY 12, 2018

The Volkswagen eGolf is in extremely short supply. Analysts forecast oil prices may double by 2020. The VW eGolf may be in short supply while the automaker gears up for. Los Angeles introduces the first electric double-decker bus. And Ontario, Canada, ends a rebate program for electric cars and chargers.

Oil Prices 60

Oil Prices Los Angeles 2020 Oil 60

Green Car Congress

SEPTEMBER 13, 2020

Roskill expects demand for molybdenum to drop by more than 8% in 2020. Mine supply continued to edge higher in 2019, albeit by a relatively slow 0.7%—an This slow growth in mine supply, combined with the drop in demand, was sufficient to flip the molybdenum market from a deficit in 2018 into a surplus in 2019.

2020 186

2020 2019 2018 Oil 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

JUNE 1, 2016

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.

Oil 150

Oil Supplies Market Oil Prices 150

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.

Oil 150

Oil Saudi Arabia Supplies Oil Prices 150

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. However, nearly 1.4

Oil 186

Oil Canada Oil-Sands Production 186

Green Car Congress

JULY 18, 2020

They found that under the reference infection scenario, US gasoline demand grows slowly after a quick rebound in May, and is unlikely to recover to a non-pandemic level prior to October 2020. Therefore, beyond the immediate economic responses, the longer-term impact on the US economy may persist well beyond 2020.

Gasoline 505

Gasoline Motor Motors Motoring 505

Green Car Congress

JULY 8, 2021

million barrels per day (b/d) for all of 2020, down by 8.6 US liquid fuels consumption in 2020 averaged 18.1 EIA forecasts regular-grade gasoline prices to average $2.92/gal million b/d from 2019. EIA expects that global liquid fuels consumption will grow by 5.3 million b/d in 2021. million b/d in 2022 to 101.4 Electricity.

2019 243

2019 Global Fuel Gasoline-Electric 243

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.

Oil 210

Oil 2010 2020 Global 210

Green Car Congress

APRIL 14, 2015

The Annual Energy Outlook 2015 (AEO2015) released today by the US Energy Information Administration (EIA) projects that US energy imports and exports will come into balance—a first since the 1950s—because of continued oil and natural gas production growth and slow growth in energy demand. —EIA Administrator Adam Sieminski.

2020 150

2020 Energy Transportation Oil Prices 150

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

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 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 decline in global real GDP in 2020. million units, in the wake of the COVID-19 pandemic. China slowly gaining momentum after shutdown.

2020 191

2020 Commercial Global Production 191

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. Marcel Coutu, Canadian Oil Sands’ President and CEO.

Oil-Sands 199

Oil-Sands Oil 2020 Canada 199

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.

Oil-Sands 220

Oil-Sands Oil 2008 Oil Prices 220

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.

2019 186

2019 Fuel Coal Motor 186

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. Also, the ban on oil exports kept oil stuck within US borders.

Oil Prices 150

Oil Prices Oil United States North America 150

Green Car Congress

JANUARY 6, 2022

The United States was the largest source of LNG supply growth in 2021, adding 25 million metric tons (MMt) amid continued buildup of liquefaction capacity as well as the ramping up of output from plants turned down the previous year. 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

DECEMBER 16, 2013

Domestic crude oil production increases sharply in the AEO2014 Reference case, with annual growth averaging 0.8 While domestic crude oil production is projected to level off and then slowly decline after 2020 in the Reference case, natural gas production grows steadily, with a 56% increase between 2012 and 2040, when production reaches 37.6

Oil 290

Oil Light Energy Vehicles 290

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. per year over the projection period, but remain a relatively minor share of total liquids supply through 2040.

2010 317

2010 Transportation Fuel Energy 317

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

JULY 2, 2013

In contrast to arguments that peak conventional oil production is imminent due to physical resource scarcity, a team from Stanford University and UC Santa Cruz has examined the alternative possibility of reduced oil use due to improved efficiency and oil substitution. 2010, to above 140 $/bbl in constant 2010 dollars).

Oil 207

Oil Oil-Sands Fuel Economy Transportation 207

Green Car Congress

OCTOBER 27, 2010

billion by 2020. Countries with significant dependence on foreign imports of oil will likely show increased interest in algae-based biofuels if oil prices continue to rise over the next decade. However, such approaches face the threat of GMO regulations and may take more than a decade to reach commercial viability.

2020 319

2020 Production Water Oil Prices 319

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

Green Car Congress

APRIL 3, 2022

The research project thus has the potential to allow for more efficient and economical transport of hydrogen, which can in turn contribute to the expansion of global hydrogen supply chains. This collaboration comes at a timely moment, on the back of rising oil prices.

Singapore 150

Singapore Hydrogen Corporation Japan 150

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.

Fuel 170

Fuel Mariner Oil 2020 170

Green Car Congress

JANUARY 19, 2011

Natural gas is projected to be the fastest growing fossil fuel, and coal and oil are likely to lose market share as all fossil fuels experience lower growth rates. OECD oil demand peaked in 2005 and in 2030 is projected to be roughly back at its level in 1990. per year from 2010 to 2030 although growth decelerates slightly beyond 2020.

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.

Global 225

Global 2012 Energy Oil 225

Green Car Congress

DECEMBER 5, 2012

AEO2013 offers a number of other key findings, including: Crude oil production , especially from tight oil plays, rises sharply over the next decade. Domestic oil production will rise to 7.5 Biofuels grow at a slower rate due to lower crude oil prices and. Overall findings. Biomass and biofuels growth is slower.

Fuel 225

Fuel Energy Sale 2013 225

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

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

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. The industry did not log a single “giant” oil field.

Oil Prices 150

Oil Prices Oil Price Iraq 150

Green Car Congress

MARCH 19, 2012

This is consistent with previous studies on the impact of the EU fleet target for passenger cars, which suggests that the 95 g/km target in 2020 can be met without the need for plug-in or hydrogen vehicles, the report noted. ICE and pure hybrids will continue to dominate sales of new vans in 2020, with a combined market share of 80%.

Emissions 231

Emissions Manufacturer Market Price 231

EV Report

APRIL 30, 2020

Most people do know and feel that if we drive electric cars we could reduce the consumption of oil and could reduce pollution. But recently due to outbreak of COVID-19, sales of electric vehicles have been affected with the consumer markets being shaken and oil prices being plunged to high.

Electric Cars 52

Electric Cars Norway Cars Electric 52

Green Car Congress

DECEMBER 15, 2009

The cost to manufacture these vehicles is expected to decline by about one-third by 2020 but only slowly thereafter. Most of the electricity used to power these cars will be supplied from the nation’s power grid. PHEV-40s, which consume 55% less gasoline than hybrids, could have a greater impact on oil consumption.

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Plug-in Plug PHEV Hybrid 186