Green Car Congress
OCTOBER 26, 2017
Oil prices appear to be stuck in the $50s per barrel, but that doesn’t mean there aren’t serious supply risks to the market. The most near-term supply risk comes from Iraq. Iran probably won’t pose a supply risk to the market, at least not this year. by Nick Cunningham for Oilprice.com. bank Citi said.
Green Car Congress
JULY 16, 2017
Saudi Aramco CEO Amin Nasser, while addressing the World Petroleum Congress in Istanbul, stated that the outlook for oil supplies is “ increasingly worrying ”, due to a loss of $1 trillion ($1,000 billion) in investments last year. But the current production increases in Nigeria, Iraq and Libya, will most probably be temporary.
Green Car Congress
OCTOBER 6, 2015
According to the IMF’s 2015 Article IV Consultation-Press Release and Staff Report , published August 3, oil and natural gas exports constituted 65 percent of exports, 52 percent of the Federal government budget, and 14.5 Russia supplied about 30 percent (146.6 percent of GDP in 2014. mmbbl/day) in 2013. Death by Energy.
Green Car Congress
JANUARY 13, 2017
The OPEC deal is slated to take oil off the market, while US drilling is expected to add new supply. That bodes well for a narrowing supply surplus—and ultimately a deficit—as well as falling inventories. It is unclear, at this point, how rising US supply and falling OPEC output will ultimately balance out.
Green Car Congress
JUNE 23, 2016
If prices went too low the LTO operators couldn’t afford to drill, which would shrink supply and cause prices to rise. If they somehow collude to restrict supply to affect prices they will be prosecuted and perhaps sent to jail. If and when prices rose the US rig count would rise and ultimately cause prices to fall again.
Green Car Congress
JULY 28, 2018
The oil supply outages in Venezuela, Libya and Iran could yet drive oil prices much higher. If the supply outages do not materialize, there is much more room on the downside for oil prices. Link to original article: [link]. But the strength of the U.S. dollar is a major roadblock.
Drive Electric
AUGUST 9, 2022
Throughout this article, we’ll refer to ICEVs and EVs; here’s a quick breakdown explaining the difference between the two. New Zealand has the third highest rate of renewable energy as a portion of primary supply in the OECD (after Norway and Iceland). Here’s what we discovered. WHAT EV MYTHS HAVE WE COVERED? THE BOTTOM LINE.
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