Green Car Congress

NOVEMBER 18, 2015

Russia’s central bank recently warned about the growing financial risks to the Russian economy from Saudi Arabia encroaching upon its traditional export market for crude oil. Russia sends 70 percent of its oil to Europe, but Saudi Arabia has been making inroads in the European market amid the oil price downturn.

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Green Car Congress

AUGUST 25, 2016

The question is, how many times can the Saudis cry wolf without forever losing the ability to leverage this chatter to affect a rise in oil prices? The Saudi Energy Minister has indicated that Saudi Arabia, OPEC’s largest producer, is willing to proceed with a production freeze. “We Saudi Arabia.

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Green Car Congress

MAY 23, 2016

The next OPEC meeting on the 2nd of June will act as little more than a forum for continued altercations between Saudi Arabia and Iran. OPEC interactions have become a direct altercation between Saudi Arabia and Iran, with the remaining members reduced to mere observers. Link to original article: [link].

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Green Car Congress

OCTOBER 29, 2015

Steven Kopits, President of Princeton Energy Advisors, laid out the concept very nicely in a Platts article earlier this year, in which he says the expression “call on OPEC” should be scrapped. Saudi Arabia tried to cut production in the 1980s to rescue prices from rock bottom levels, but it only led to the loss of market share.

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Green Car Congress

MAY 24, 2017

As Saudi Arabia announces plans to slash production and move their economy away from oil dependency, many industry insiders are predicting that the now over-saturated market will reach an equilibrium with higher commodity prices by 2018 and U.S. Link to original article: [link]. by Haley Zaremba for Oilprice.com.

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Green Car Congress

FEBRUARY 25, 2016

Saudi Arabia and Kuwait enjoy some of the lowest production costs in the world, at about $10 and $8.50, respectively, according to Rystad Energy data. And this line in the sand is vastly different for private American producers than it is for kingdoms such as Saudi Arabia. Article Source: [link].

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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 This might persuade the Saudis to seek a compromise with the have nots. percent of GDP in 2014. Wary of U.S.

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Green Car Congress

SEPTEMBER 2, 2015

Together, the three quotes provide a framework for analyzing Saudi options heading into the December 4 OPEC meeting in Vienna and its choices vis-à-vis the OPEC outsiders (all members but Saudi Arabia and its Gulf Arab allies, Kuwait, UAE, Qatar): reconciliation, separation, or divorce. If You’re a Free Range Oil Producer.

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Green Car Congress

MARCH 23, 2017

OPEC producers—especially Saudi Arabia, which shoulders the biggest share of cuts—are desperately trying to maintain their most important market shares such as those in Asia , while measuring exports bound for other destinations in its attempt to comply with the production cuts. Link to original article: [link].

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Green Car Congress

OCTOBER 25, 2015

Moreover, Saudi Arabia and Russia have both increased production to their highest levels since the early 1990s.” Not only are Russia and Saudi Arabia keeping production elevated, new gains in oil production from the Middle East could offset any declines in the United States. Article Source: [link].

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Green Car Congress

OCTOBER 20, 2015

In practice, the call for a change is a call for Saudi Arabia and Russia, the two dominant global crude exporters, which each daily export over seven-plus mmbbls (including condensates and NGLs) and which each see the other as the key to any "balancing" moves, to bear the brunt of any production cuts. Volatility is equally pernicious.

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The Truth About Cars

MARCH 5, 2024

Complicating the matter further is the fact that the confusion from the 2023 Saudi Arabian Grand Prix resulted in the relevant regulatory articles receiving additional context and larger starting boxes. The rule now clearly states that “touching the car or driver by hand or tools or equipment will all constitute working.”

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Green Car Congress

FEBRUARY 3, 2017

However, OPEC—especially Saudi Arabia—has the recent bitter experience of its pump-at-will policy for market share backfiring on its economy when oil prices crashed. Link to original article: [link].

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Green Car Congress

MARCH 8, 2017

The supply-cut deal has so far resulted in a surprisingly high OPEC compliance of more than 90 percent, thanks to the cartel’s leader and biggest producer, Saudi Arabia, which has been cutting deeper than pledged. Link to original article: [link]. shale and record high inventories in America.

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Green Car Congress

APRIL 2, 2017

By the time that Saudi Arabia finally acted to protect not only its place among suppliers but also, and more importantly, the role of oil in the world economy. Link to original article: [link]. The backbone of shale supply in the U.S. was strong, and the seeds of lesser use were established.

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Cars That Think

AUGUST 29, 2022

Russia ranks second in the extraction of both crude oil (behind the United States and ahead of Saudi Arabia) and natural gas (behind the United States and ahead of Iran), and it is the sixth-largest producer of coal (behind Australia and ahead of South Africa). Here are the basic facts.

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Teslarati

APRIL 25, 2022

The Tesla CEO’s recent comments came as text messages between Musk and the Saudi Arabia Public Investment Fund Head were shared online. The text messages between Musk and the Saudi PIF Head Yasir Al-Rumayyan were revealed as part of a 300-page motion filed late last week by Alex Spiro, the Tesla CEO’s lead attorney.

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Green Car Congress

OCTOBER 14, 2013

An oil jackpot of up to 233 billion barrels has been discovered in Australia, the new Saudi Arabia, which is foreseeable to extend the practical use of petroleum to about 200 years from 40 years at today’s oil consumption rate. Their findings are reported in an open access paper in the journal Scientific Reports.

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Green Car Congress

OCTOBER 14, 2015

In 2009, for the first time, Saudi Arabia exported more of its oil to China than it did to the U.S. China also made large investments in Saudi Arabia’s oil refining industry as well. Article Source: [link]. by John Manfreda for Oilprice.com.

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Green Car Congress

NOVEMBER 6, 2015

Oilprice article for Green Car Congress: Day Of Reckoning For U.S. Moreover, Saudi Arabia and Russia have both increased production to their highest levels since the early 1990s.” Article Source: [link]. Shale Will Have To Wait. Day Of Reckoning For US Shale Will Have To Wait by Nick Cunningham of Oilprice.com.

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Green Car Congress

JULY 16, 2017

Increased local demand is not only a growing problem for Saudi Arabia, but for most Persian Gulf producers. Saudi August crude exports could fall to around 6.6 The main focus of his work has been on geopolitical risks, terrorism, Link to original article: [link]. million bpd.

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Green Car Congress

OCTOBER 31, 2014

Nixon negotiated a deal with Saudi Arabia whereby in exchange for arms and protection, the Saudis would denominate all future sales of oil in US dollars. (Related: Should Europe Be Concerned About Russia’s Growing Energy Relationship with Asia? ).

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Green Car Congress

NOVEMBER 20, 2016

Saudi Arabia is preparing to unveil how much oil it holds, a closely guarded state secret that has been kept quiet for decades. The decision to bring such important data to light comes as Saudi Aramco is preparing to partially privatize its assets, an IPO that could bring in some $100 billion. by Nick Cunningham of Oilprice.com.

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Green Car Congress

JANUARY 13, 2017

Saudi Arabia said last week that it is lowering its production in January by 486,000 barrels per day, a volume that it promised to cut as part of the November deal. Cutting to that level ahead of time is a sign of good faith from Saudi Arabia, and increases the chances that OPEC will stay true to its promises.

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Green Car Congress

JUNE 23, 2016

The argument emerged that having contributed to the collapse of world oil prices, US LTO was the new global swing producer, replacing OPEC leader Saudi Arabia in that role. Link to original article: [link]. If and when prices rose the US rig count would rise and ultimately cause prices to fall again.

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Green Car Congress

OCTOBER 20, 2016

Edwards (2016) “Wax: A benign hydrogen-storage material that rapidly releases H 2 -rich gases through microwave-assisted catalytic decomposition” Scientific Reports 6, Article number: 35315 doi: 10.1038/srep35315. Thomas & P.

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Charged EVs

MAY 18, 2021

Extreme E’s first race, the Desert X Prix, took place on April 3 and 4, on an 18 km course centered around three canyons in the vast desert surrounding Al-’Ula, Saudi Arabia. Finally, the Odyssey 21 proved its mettle on the course at the 2020 Dakar Rally in Saudi Arabia. The all-terrain, all-electric Odyssey 21.

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Get Electric Vehicle

OCTOBER 12, 2022

In our last article about Hyperloops , we discussed various facts and figures about Hyperloops. In this article, we are going to dive a bit deep into the topic. The organisation is now working on projects in Missouri, Texas, Colorado, North Carolina, the Midwest, India, Saudi Arabia, and the United Arab Emirates.

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Cars That Think

NOVEMBER 10, 2022

This sponsored article is brought to you by Technology Innovation Institute. Just last year, a half dozen precisely targeted malicious drones managed to slow oil production in Saudi Arabia for days, and more recently, several low-cost drones caused significant damage to oil tankers in the UAE.

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Green Car Congress

JANUARY 5, 2019

Oil traders also took heart in news that Saudi Arabia is following through on major oil export reductions. In December, Saudi Arabia slashed oil exports by roughly 500,000 bpd, according to Bloomberg. Link to article: [link]. However, it could be some time before these cuts show up in the inventory data.

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Baua Electric

JANUARY 10, 2024

In the past year, Saudi Arabia has emerged as a new pivotal player as it seeks to diversify away from fossil fuels, and after agreeing to buy a 10% stake in Vale SA’s nickel and copper business. Sigma Lithium Corp. The scramble for cash will put increasing focus on those investors still willing to put money into the industry.

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The Truth About Cars

AUGUST 8, 2023

With average fuel prices creeping back up, you’ve undoubtedly seen a slew of articles trying to explain why. & Legacy media outlets certainly seem to think so, as there’s a surplus of articles suggesting excessive heat is the main reason the national average is creeping back up to $4.00 per gallon. Today’s U.S.

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