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Opinion: Oil Price War May Benefit both US Shale and Saudi Arabia

Green Car Congress

Even as financial commentators on CNBC are starting to come around to the idea of a bottom in oil prices, the key question for US oil producers remains one of timing. How long will the oil price slump last? After the oil price crash in 1985, it took almost twenty years for prices to revert to previous levels.

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Opinion: Consumers winning with low oil prices, for now

Green Car Congress

Columbia and Associate Director of the Maguire Energy Institute at the Cox School of Business at Southern Methodist University in Dallas says it has: “No question we’re seeing the effects of lower oil prices throughout the economy.”. Bernard Weinstein, Ph.D., His answer: $70-$80 is the happy medium. “At

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IRENA report finds renewable power costs at parity or below fossil fuels in many parts of world

Green Car Congress

The report, “ Renewable Power Generation Costs in 2014 ”, concludes that biomass, hydropower, geothermal and onshore wind are all competitive with or cheaper than coal, oil and gas-fired power stations, even without financial support and despite falling oil prices. of Cape Wind output; National Grid had agreed to buy 50%.

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National Low Carbon Fuel Standard study releases major Technical Analysis and Policy Design reports; providing a scientific basis for policy decisions

Green Car Congress

Very broadly, they found that an LCFS would buffer the economy against global oil price spikes, trim demand for petroleum, and lessen upward pressure on gas prices. If it exceeded this value, it would need to offset that increase by reducing GHG emissions in other ways (or buying credits).

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Cleantech Blog: Smart Grids and Electric Vehicles

Tony Karrer Delicious EVdriven

Millions of EVs and PHEVs would expand the sale of electricity as an alternative to oil. Instead they could buy back electricity at peak hours from vehicle drivers. And yes, buy cheap (night) sell high (day) and sell local (remember there are HUGE line losses in the common interstate grids- more so in daytime high power draw hours.

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