Cheap Energy Gas Saudi Arabia 
Green Car Congress
SEPTEMBER 13, 2017
A number of factors are pushing Saudi Arabia to raise its crude-oil production capacity, but the wide range of potential outcomes suggests that such an increase is a risky strategy for the kingdom and the global environment, according to a new article by an expert from Rice University’s Baker Institute for Public Policy.
Green Car Reports
AUGUST 4, 2016
Cheap gasoline is good news for the economies of most countries, but not those that rely on oil exports. In some cases, that means cutting back on cheap gas for their own citizens. DON'T MISS: Even Saudi Arabia vows to end its.
Green Car Congress
JULY 28, 2015
The undisputed king of oil and gas is making some moves that could change the face of the global refining sector. In June 2015, Saudi Arabia pumped a record 10.564 million barrels a day, a record level. Saudis have moved into the product business in a big way,” said Fereidun Fesharaki of FGE Energy.
Green Car Congress
MAY 4, 2016
The old hypotheses that Persian Gulf energy subsidies were sacrosanct have been overturned, according to a new issue brief from Rice University’s Baker Institute for Public Policy. Energy Subsidy Reform in the Persian Gulf: The End of the Big Oil Giveaway” was co-authored by Jim Krane, the Wallace S.
Green Car Congress
APRIL 10, 2015
Containing some of the largest proven oil and gas reserves in the world, Venezuela is one of the founding members of OPEC. Cheap oil has created a huge financial crisis for Venezuela as its economy is heavily dependent on oil exports and oil revenues constitute about 95% of its total foreign exchange earnings. Venezuela’s Woes.
Green Car Congress
MARCH 5, 2015
Hydraulic fracturing, or “fracking” technology has unlocked reserves of oil and natural gas previously thought of as unrecoverable. According to this chart (above) from the US Energy Information Agency (EIA), demand has been increasing along with supply since 2010. Supply alone, however, doesn’t determine price. That is a good thing.
Green Car Congress
JULY 16, 2017
Saudi Aramco CEO Amin Nasser, while addressing the World Petroleum Congress in Istanbul, stated that the outlook for oil supplies is “ increasingly worrying ”, due to a loss of $1 trillion ($1,000 billion) in investments last year. Increased local demand is not only a growing problem for Saudi Arabia, but for most Persian Gulf producers.
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