Green Car Congress
DECEMBER 10, 2015
With OPEC breaking down and any kind of coordination among its members on price cuts looking increasingly unlikely, it now appears that oil prices could remain below $50 a barrel for a year or more. A stripper is a small operator of very old oil wells that frequently produce less than five barrels per day of oil.
Green Car Congress
JANUARY 11, 2023
Despite efforts to continue stimulating the US economy in the wake of the pandemic, high inflation put a damper on economic growth, which was exacerbated by a spike in oil prices as a result of Russia’s invasion of Ukraine. Little change in transportation and industry. Consequently, the US economy grew 1.9% GDP increase in 2021.
Green Car Congress
NOVEMBER 23, 2017
In January 2015 Sasol announced it was delaying a final investment decision on the proposed project near Lake Charles, Louisiana to conserve cash in response to lower oil prices. Sasol’s foundation businesses are cash positive at a US$40 per barrel oil price.
Green Car Congress
OCTOBER 2, 2019
The low levels in discoveries come as a result of a pullback during the past 10 years in the wildcat drilling that targets conventional oil and gas plays—most drastically after oil prices collapsed in 2014. —Keith King, senior advisor at IHS Markit and a lead author of the IHS Markit E&P trends analysis.
Green Car Congress
DECEMBER 22, 2013
biofuel made from cellulose, algae, duckweed, or cyanobacteria) could mitigate the current elevated risk of investing in the industry that is retarding its advance, according to a new paper by a team from the International Council on Clean Transportation (ICCT) and Johns Hopkins University. —Miller et al. Pacific Ethanol, Rentech Inc.,
Green Car Congress
JULY 8, 2021
However, for 2022, EIA expects that continuing growth in production from OPEC+ and accelerating growth in US tight oil production, along with other supply growth, will outpace growth in global oil consumption and contribute to declining oil prices. Based on these factors, EIA expects Brent to average $67/b in 2022.
Green Car Congress
APRIL 3, 2022
The project builds on previous work by the group of companies, along with researchers from NTU and the NUS. This collaboration comes at a timely moment, on the back of rising oil prices. NTU researchers will work closely with our partners to develop better catalysts, and more efficient reactors for extracting hydrogen.
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