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Cheap Oil Will Last A Decade, Says Huge Oil Trader

Green Car Reports

The low oil prices that boosted new-car sales and caused average fuel-economy gains to sputter last year may be here to stay, for a while at least. With fuel prices low throughout 2015, Americans bought more new cars, but many of them were less-efficient SUVs and crossovers.

Oil 60
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Opinion: How Much Longer Can OPEC Hold Out?

Green Car Congress

With announcement of a historic nuclear deal framework between Iran and six global powers: America, France, Britain, China, Russia and Germany on April2, 2015, there is a good possibility that Iranian crude oil exports will increase greatly after June 2015 when the final nuclear deal is signed. Nigeria’s dilemma.

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Baker Institute expert: crude-oil production increase a risky strategy for Saudi Arabia

Green Car Congress

An increase in Saudi oil production could also be incentivized by expectations that restrictions on burning of fossil fuel will intensify in the future, as importing states impose policies aimed at mitigating greenhouse gas emissions causing climate change. Climate risk could also weigh into a decision to raise output.

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KPMG study identifies 10 sustainability “megaforces” with accelerating impacts on business; imperative of sustainability changing the automotive business radically

Green Car Congress

The challenge for businesses is to serve this new middle class market at a time when resources are likely to be scarcer and more price volatile. The advantages many companies experienced in the last two decades from “cheap labor” in developing nations are likely to be eroded by the growth and power of the global middle class.

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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

Green Car Congress

Under the WEO 2011 central scenario, oil demand rises from 87 million barrels per day (mb/d) in 2010 to 99 mb/d in 2035, with all the net growth coming from the transport sector in emerging economies. Short-term pressures on oil markets are easing with the economic slowdown and the expected return of Libyan supply.

Oil 247
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Cleantech Blog: Smart Grids and Electric Vehicles

Tony Karrer Delicious EVdriven

CDM Baby, CDM Ruminations on Vegas and NASCAR California Dreamin' ► February (16) Car Sharing and Saving in a Tough Economy Throwing down the gauntlet to Secretary Clinton Weather Does Not Equal Climate The Hub Lab Seeks Revolutionary New Energy Science. No more Big OIL - think of the extra money stimulating the economy!

Grid 28
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Buffett's Chinese electric car company

Tony Karrer Delicious EVdriven

The Shenzhen manufacturing region, where the company is headquartered, is known for cheap unskilled labor, but BYD’s competitive advantage derives from its cheap skilled labor. They are the top of the top,” Mr. Wang told me, when I visited BYD last year.

Chinese 28