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Are The Saudis About To Reveal The Best Kept Secret In Oil?

Green Car Congress

That is because of two reasons—the size of its reserves, and the ability to use latent spare capacity to quickly adjust supply, affording it an outsized influence on crude oil prices.

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Mad Power thoughts

EV Info

As mentioned in our most recent post the root of the crisis lies in the monomaniacal way in which this government and its recent predecessors have pursued decarbonisation at the expense of other priorities including reliability and affordability of energy. . Gas is so last-century, you know!

Power 52
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Increase in US rig count will not cap oil prices

Green Car Congress

If prices went too low the LTO operators couldn’t afford to drill, which would shrink supply and cause prices to rise. The two-year massive oversupply of production versus demand (the green line over the yellow line, the blue bars above zero) from the third quarter of 2014 through to the second quarter of 2016—sometimes as much as 2.4

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Electric cars to account for 64 per cent of car sales by 2030

Green Cars News

million barrels per day, equivalent to the amount currently imported daily from the Persian Gulf region and Venezuela. Tags: Electric cars Berkeley green study. said Ikhlaq Sidhu, Director of Berkeley’s Center for Entrepreneurship & Technology and a professor in the Industrial Engineering and Operations Research Department.