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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. Iran Nuclear Deal: A warning sign for OPEC?

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Opinion: Here’s what will send oil prices back up again

Green Car Congress

According to this chart (above) from the US Energy Information Agency (EIA), demand has been increasing along with supply since 2010. The low price brigade cites another factor in making their predictions, the rise of alternative energy sources. Supply alone, however, doesn’t determine price. That is a good thing.

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Opinion: The End Of An Era: Is The US Petrodollar Under Threat?

Green Car Congress

Recent trade deals and high-level cooperation between Russia and China have set off alarm bells in the West as policymakers and oil and gas executives watch the balance of power in global energy markets shift to the East. Related: Should Europe Be Concerned About Russia’s Growing Energy Relationship with Asia? ).

Russia 225
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The Technical Failure That Could Clear The Oil Glut In A Matter Of Weeks

Green Car Congress

Increased local demand is not only a growing problem for Saudi Arabia, but for most Persian Gulf producers. Saudi August crude exports could fall to around 6.6 One is to counter growing domestic demand for natural gas as a power generator. Dr. Cyril Widdershoven is a long-time observer of the global energy market.

Oil 186
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War in Ukraine: We Need to Talk About Fossil Fuels

Cars That Think

This war will have many long-term consequences, but possibly none more important than its effects on the future of the European energy supply. One is that the road to new energy realities in Europe will be long, rough, and twisty. Russia’s energy resources are enormous and Europe’s dependence on them is deep and pervasive.

Ukraine 117
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Europe/US team: transitioning to a low-carbon world will create new rivalries, winners and losers

Green Car Congress

In an opinion piece in the journal Nature , a team from the US and Europe suggests that the transition to a low-carbon world will create new rivalries, winners and losers, and that it is therefore necessary to put geopolitics at the heart of debates about the energy transition. Saudi Arabia and Kuwait might, and should be encouraged to do so.

Carbon 207
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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

The International Energy Agency (IEA) last week launched the 2011 edition of the World Energy Outlook (WEO), the current edition of its annual flagship publication assessing the threats and opportunities facing the global energy system out to 2035. Click to enlarge. The passenger vehicle fleet doubles to almost 1.7

Oil 247