Building, Louisiana, Oil and Oil Prices

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Oil Prices

Sasol bails on $13-$15B US GTL project, divests from Canadian shale; no new greenfield GTL

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 has also decided not to invest in any additional crude oil refining capacity. —Stephen Cornell.

Oil Prices

Oil Prices Louisiana South Africa Oil

Perspective: US Needs to Transition to Hydrous Ethanol as the Primary Renewable Transportation Fuel

Green Car Congress

AUGUST 30, 2009

The oil price shocks of the 1970s led the Brazilian government to address the strain high prices were placing on its fragile economy. Brazil, the largest and most populous country in South America, was importing 80% of its oil and 40% of its foreign exchange was used to pay for that imported oil.

Transportation

Transportation Fuel Renewable Gasoline-Electric

EV Driven

Sasol bails on $13-$15B US GTL project, divests from Canadian shale; no new greenfield GTL

Perspective: US Needs to Transition to Hydrous Ethanol as the Primary Renewable Transportation Fuel

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