Remove Asia Remove Engine Remove Industrial Remove Oil Prices
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Opinion: The Saudi Oil Price War Is Backfiring

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Saudi Arabia has long enjoyed the status of being the top crude oil exporter in the world. With record production of 10.564 million barrels per day in June 2015, Saudi Arabia has been one of the major driving forces behind the current oil price slump. This could eventually result in refiners cutting their crude oil imports.

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US EIA Projects World Energy Use to Grow 44% Between 2006 and 2030, CO2 Emissions Up by 39%

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World oil prices have fallen sharply from their July 2008 high mark. As the world’s economies recover, higher world oil prices are assumed to return and to persist through 2030. In the IEO2009 reference case, world oil prices rise to $110 per barrel in 2015 (in real 2007 dollars) and $130 per barrel in 2030.

2006 150
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BP Energy Outlook 2030 sees emerging economies leading energy growth to 2030; global CO2 emissions from energy well above IEA 450 scenario

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At the same time, oil—and gas—import dependency in the US is likely to fall to levels not seen since the 1990s, because of improved fuel efficiency and the increased share of biofuels. Global consumption growth is also impacted by higher oil prices in recent years and a gradual reduction of subsidies in oil-importing countries.

Energy 210
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EPA announces 2011 Presidential Green Chemistry Challenge Awards; green chemistry market opportunity projected to be $98.5B by 2020, about 2% of total market

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The awards recognize pioneering chemical technologies developed by leading researchers and industrial innovators who are making significant contributions to pollution prevention in the United States. Genomatica expects Bio-BDO to be competitive at oil prices of $45 per barrel or at natural gas prices of $3.50

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Near-Term Prospects for Automotive Li-ion Batteries: 21% of Hybrid and EV Market by 2011

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As one example of factors contributing to that decision, a survey of projected oil prices returned values between $30 and $250 a barrel, he said.). The industry does not need a 2011 version of “Who Killed the Electric Car”. By 2015, he suggests, full hybrids (e.g., If pushed too fast, it could backfire.

Li-ion 150
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Expert panel report finds achieving 1M plug-in vehicles in US by 2015 would require concentrated action to overcome barriers

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A new study sponsored by Indiana University concludes that President Obama’s vision of one million plug-in electric vehicles (PEVs) on US roads by 2015 will require concentrated efforts action from all stakeholders— the auto industry, federal government, the scientific community, and consumers—to be realized.

Plug-in 218
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IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

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The 450 Scenario works back from the international goal of limiting the long-term increase in the global mean temperature to two degrees Celsius (2 °C) above pre-industrial levels, in order to trace a plausible pathway to that goal. But the average oil price remains high, approaching $120/barrel (in year-2010 dollars) in 2035.

Oil 247