Green Car Congress
AUGUST 25, 2017
Two diametrically opposed views dominate the current debate about where the oil price is heading. In fact, we have been highlighting this threat to the energy industry in articles since 2015, for example here , here , here and here.) The first is that at present EVs do not yet outperform ICEVs comprehensively.
Green Car Congress
DECEMBER 30, 2015
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. On the one hand, OPEC does not see oil prices returning to triple-digit territory within the next 25 years, a strikingly bearish conclusion.
Green Car Congress
DECEMBER 23, 2016
Oil prices are probably already high enough to spark a rebound in shale production. Even when US oil production hit a peak at 9.7 By the third quarter, oil prices had climbed back to above $40 and traded at around $50 per barrel for some time, replenishing some lost revenue. by Nick Cunningham of Oilprice.com.
Green Car Congress
FEBRUARY 28, 2019
The latter is partly caused by “global warming constraints” and lower oil prices in general. British accountancy firm Moore Stephenson stated that lower prices were the main cause. At the same time, increased costs (North Sea decommissioning) and lower oil price expectations are doing the rest.
Green Car Congress
FEBRUARY 9, 2018
Oil prices fell back suddenly over the last few trading sessions, dragged down by some forces beyond the oil market. dollar has helped drive up crude prices for weeks , but that came to an abrupt halt last week. A rebound for the greenback led to a steep decline in oil prices on Friday.
DIY Electric Car
NOVEMBER 28, 2010
There have been 5 recession since then until now and I wanted to see if Oil had anything to do with them, because deep in my heart, I knew the most recent recession was directly caused by the oil price spikes that started in 2007 and peaked in 2008. This increase in oil prices again pushed the economy into a recession.
Green Car Congress
AUGUST 31, 2011
High oil prices, a global economic rebound, and new laws and mandates in Argentina, Brazil, Canada, China, and the United States, among other countries, are all factors behind the surge in production, according to research conducted by the Worldwatch Institute’s Climate and Energy Program for the website Vital Signs Online.
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