Green Car Congress

JANUARY 6, 2022

The world’s two largest economies—the United States and China—are poised to be the world’s top export and import markets for liquefied natural gas (LNG), respectively, in 2022, according to a new report by IHS Markit. Meanwhile, mainland China has already become the top global importer of LNG.

Qatar 186

Qatar China United States Brazil 186

Green Car Congress

AUGUST 7, 2015

Many oil companies had trimmed their budgets heading into 2015 to deal with lower oil prices. But the collapse of prices in July—owing to the Iran nuclear deal, an ongoing production surplus, and economic and financial concerns in Greece and China—have darkened the mood. told the WSJ. “

Oil 150

Oil Saudi Arabia Supplies Oil Prices 150

Green Car Congress

SEPTEMBER 10, 2014

oil shale), and refinery gain. World markets for petroleum and other liquid fuels have entered a period of dynamic change in both supply and demand, the EIA noted, leading to its reassessment of its outlook for long-term global liquid fuels markets in IEO2014. Non-OPEC crude and lease condensate production increases by 10 MMbbl/d.

Asia 341

Asia Transportation Oil-Sands Oil Prices 341

Green Car Congress

JANUARY 5, 2019

Oil prices regained more ground on Wednesday, pushed higher after equity markets rebounded from an initial selloff at the start of 2019 trading. The price gains are not entirely convincing. On any given day, stock prices offer a clue into investor sentiment in this regard. by Nick Cunningham of Oilprice.com.

Oil 207

Oil Saudi Arabia Market Oil Prices 207

Green Car Congress

JUNE 18, 2022

While higher prices and a weaker economic outlook are moderating consumption increases, a resurgent China will drive gains next year, with growth accelerating from 1.8 Non-OPEC+ is set to lead world supply growth through next year, adding 1.9 mb/d this year, world oil demand is forecast to expand by 2.2 mb/d and 1.9

Oil 210

Oil Global Russia Libya 210

Green Car Congress

NOVEMBER 15, 2014

In its latest annual World Energy Outlook , the International Energy Agency (IEA) warned that the current period of oil abundance may be fleeting, and in fact, without heroic levels of production increases, oil markets will grow dangerously tight in the coming years. China and India. million bpd by 2035.

Oil 257

Oil Iraq Oil-Sands Supplies 257

Green Car Congress

FEBRUARY 7, 2019

An executive from Ford said recently that automakers might feel compelled to invest directly in cobalt production over fears of securing adequate supply. “I Any major disruption to cobalt today would likely curb EV proliferation in the early 2020s, in turn supporting long dated crude oil prices,” Bank of America Merrill Lynch warned.

Oil 306

Oil America Oil Prices South Africa 306

Green Car Congress

SEPTEMBER 13, 2020

Mine supply continued to edge higher in 2019, albeit by a relatively slow 0.7%—an This slow growth in mine supply, combined with the drop in demand, was sufficient to flip the molybdenum market from a deficit in 2018 into a surplus in 2019. Consequently, molybdenum prices came under downward pressure. decline in 2019.

2020 186

2020 2019 2018 Oil 186

Green Car Congress

JULY 20, 2012

savings stimulated by high oil prices led to a decrease of 3% in CO 2 emissions in the European Union and of 2% in both the United States and Japan. Emissions from OECD countries now account for only one third of global CO 2 emissions—the same share as that of China and India. Coal consumption in China increased by 9.7%

2011 236

2011 Emissions CO2 Global 236

Green Car Congress

FEBRUARY 23, 2017

China is the global leader in methanol use and has recently expanded its methanol production capacity. The estimates developed in the study have now been incorporated into EIA’s historical data and forecasts of petroleum and other liquids consumption in China. Annual methanol consumption in China, 2000-16. Methanol in China.

2000 150

2000 2016 Fuel China 150

Green Car Congress

SEPTEMBER 20, 2011

Unconventional liquids become increasingly important in the total supply of liquid fuels, according to IEO2011. World oil prices remain high in the IEO2011 Reference case, but oil consumption continues to grow; both conventional and unconventional liquid supplies are used to meet rising demand. Click to enlarge.

Oil-Sands 220

Oil-Sands Oil 2008 Oil Prices 220

The Truth About Cars

SEPTEMBER 19, 2023

The Energy Information Administration (EIA) estimates that Americans were burning through a million fewer barrels of oil last week than they were the week before. What isn’t dropping is oil prices and that seems to be making all the difference. million bbl. But you probably just want to know which parties should be blamed.

Price 91

Price Saudi Arabia Fuel Oil 91

Green Car Congress

APRIL 10, 2015

With its headquarters in Vienna, Austria, one of the mandates of 12-member OPEC is to “ensure the stabilization of oil markets in order to secure an efficient, economic and regular supply of petroleum to consumers, a steady income to producers, and a fair return on capital for those investing in the petroleum industry.” Iraq’s Issues.

Saudi Arabia 150

Saudi Arabia Venezuela Iran Nigeria 150

Green Car Congress

MAY 13, 2015

The resulting crash in oil prices is forcing some production out of the market, and Saudi Arabia intends for the brunt of that to be borne by others. There is a lag between movements in the oil price and corresponding changes in production. But the effects of the oil price crash are now being felt.

Saudi Arabia 150

Saudi Arabia Oil Prices Oil Price 150

Green Car Congress

JUNE 13, 2012

China alone accounted for 71% of energy consumption growth. Oil demand grew by less than 1%—the slowest rate amongst fossil fuels—while gas grew by 2.2%, and coal was the only fossil fuel with above average annual consumption growth at 5.4% Global energy consumption grew by 2.5% globally, and 8.4% in the emerging economies.

Coal 261

Coal Oil Renewable Saudi Arabia 261

Green Car Congress

APRIL 18, 2020

Individual regional forecasts are set to a downtrend, and supply chain impacts are being felt, as the consequences of the virus have shuttered manufacturing and supplier facilities around the world. China slowly gaining momentum after shutdown. China slowly gaining momentum after shutdown. decline in global real GDP in 2020.

2020 191

2020 Commercial Global Production 191

Green Car Congress

JULY 25, 2013

However, fossil fuels continue to supply nearly 80% of world energy use through 2040. Natural gas is the fastest-growing fossil fuel, as global supplies of tight gas, shale gas, and coalbed methane increase. per year over the projection period, but remain a relatively minor share of total liquids supply through 2040.

2010 317

2010 Transportation Fuel Energy 317

Green Car Congress

NOVEMBER 13, 2013

China is about to become the largest oil-importing country and India becomes the largest importer of coal by the early 2020s. High oil prices, persistent differences in gas and electricity prices between regions and rising energy import bills in many countries focus attention on the relationship between energy and the broader economy.

Oil 275

Oil 2013 Energy Emissions 275

Green Car Congress

OCTOBER 6, 2015

While oil and natural gas are crucial to Russia, Russia’s crude and natural gas are crucial to its neighbors on the Eurasian landmass. Russia supplied about 30 percent (146.6 Russia’s oil and natural gas are also important to its Asian and Central Asian neighbors. mmbbl/day) in 2013. In the Far East, Rosneft shipped 22.6

Russia 150

Russia Saudi Arabia Iran Iraq 150

Green Car Congress

JULY 14, 2011

Proponents of the concept of peak oil supply argue that the world faces a situation—possibly very soon—in which its capacity to produce oil hits a ceiling, with demand subsequently having to adjust as supply begins to decline and alternatives to oil move into the market to fill the gap. Earlier post.).

Oil 225

Oil Oil Prices Climate Change Supplies 225

Green Car Congress

AUGUST 31, 2011

High oil prices, a global economic rebound, and new laws and mandates in Argentina, Brazil, Canada, China, and the United States, among other countries, are all factors behind the surge in production, according to research conducted by the Worldwatch Institute’s Climate and Energy Program for the website Vital Signs Online.

2010 256

2010 Global Brazil Argentina 256

Green Car Congress

JANUARY 19, 2011

World energy growth over the next twenty years is expected to be dominated by emerging economies such as China, India, Russia and Brazil while improvements in energy efficiency measures are set to accelerate, according to BP’s latest projection of energy trends, the BP Energy Outlook 2030. Click to enlarge. —Christof Rühl.

Energy 210

Energy Economy Global Oil-Sands 210

Green Car Congress

NOVEMBER 13, 2011

China consolidates its position as the world’s largest energy consumer: it consumes nearly 70% more energy than the United States by 2035, even though, by then, per capita demand in China is still less than half the level in the United States. Oil and the Transport Sector: Reconfirming the End of Cheap Oil.

Oil 247

Oil Transportation Cheap Fleet 247

Green Car Congress

MAY 27, 2009

World oil prices have fallen sharply from their July 2008 high mark. As the world’s economies recover, higher world oil prices are assumed to return and to persist through 2030. In the IEO2009 reference case, world oil prices rise to $110 per barrel in 2015 (in real 2007 dollars) and $130 per barrel in 2030.

2006 150

2006 Emissions Energy Oil-Sands 150

Green Car Congress

MAY 26, 2009

International engagement—especially with China—is also a need. Oil security policy. With oil prices set in a global market, the degree of US economic vulnerability is proportional to its total oil dependence, not just import dependence. If the price later rose above $90, the tax would disappear.

Energy 150

Energy Price Oil Prices Climate Change 150

Green Car Congress

NOVEMBER 7, 2011

Further, improved supply prospects for natural gas are likely to lead to decoupling of oil and gas markets, according to the study. The world is nearing a paradigm shift in oil demand. The predominant role of oil in the global energy mix is facing an ever greater challenge from a number of emerging trends.

Oil 210

Oil 2010 2020 Global 210

Green Car Congress

JUNE 20, 2012

Considering that the United States produces over 8 million barrels of oil per day domestically and imports an additional 3 million bpd from secure supplies in Canada and Mexico, we can find no credible scenario in which the military would be unable to access the 340,000 bpd of fuel it needs to defend the nation. Additionally, U.S.

Price 225

Price Turkey Oil-Sands Fuel 225

Green Car Congress

NOVEMBER 12, 2012

Global energy demand grows by more than one-third over the period to 2035 in the New Policies Scenario (our central scenario), with China, India and the Middle East accounting for 60% of the increase. Oil demand reaches 99.7 In the New Policies Scenario, global coal demand increases by 21% and is heavily focused in China and India.

Global 225

Global 2012 Energy Oil 225

Green Car Congress

JANUARY 17, 2015

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. in OECD countries and China; 10% in the rest of the world.

Renewable 150

Renewable Parts Power Powered 150

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. by Brian J.

Transportation 317

Transportation Fuel Renewable Gasoline-Electric 317

Green Car Congress

MARCH 14, 2011

This causes an increasing European dependency on imports, which, in turn, feeds the fear of a decrease in security of supply. Thus, high energy prices lead to high food prices, as transport and fertilizers become more expensive. The long-term supply prospects for agricultural commodities are uncertain.

Market 186

Market Netherlands Price Oil 186

Green Car Congress

DECEMBER 5, 2012

Biofuels grow at a slower rate due to lower crude oil prices and. The decline reflects increased domestic production of both petroleum and natural gas, increased use of biofuels, and lower demand resulting from the adoption of new vehicle fuel efficiency standards and rising energy prices. Biomass and biofuels growth is slower.

Fuel 225

Fuel Energy Sale 2013 225

EV Report

APRIL 30, 2020

In comparison, in 2018 US and China had a total combined sales of 1.2 But recently due to outbreak of COVID-19, sales of electric vehicles have been affected with the consumer markets being shaken and oil prices being plunged to high. This has been the trend for the last 30 years. So how did this happen?

Electric Cars 52

Electric Cars Norway Cars Electric 52

Green Car Congress

OCTOBER 17, 2009

World production of fossil fuels—oil, coal, and natural gas—increased 2.9% million tons of oil equivalent (Mtoe) per day, according to a Worldwatch Institute analysis. In the first half of the year, producers strained to meet global demand, but when the recession took hold later in the year the market was swamped by excess supply.

2008 150

2008 Oil-Sands Production Fuel 150

Green Car Congress

DECEMBER 16, 2013

Industrial shipments of bulk chemicals, which benefit from an increased supply of natural gas liquids, grow by 3.4% Projected low prices for natural gas make it a very attractive fuel for new generating capacity. In some areas, natural gas-fired generation replaces power formerly supplied by coal and nuclear plants.

Oil 290

Oil Light Energy Vehicles 290

Green Car Congress

FEBRUARY 9, 2010

A major competitive threat comes from other regions, such as China, which view this technology as a means to leapfrog entrenched players. Oil price and supply dependencies will continue the search for alternative fuel sources, and battery powered vehicles can have a significant impact on that equation.

Prius 186

Prius Toyota PHEV Hybrid 186

Revenge of the Electric Car

JANUARY 20, 2010

From the Reuters post: “A sister company to Toyota Motor Corp secured a lithium supply deal in Argentina on Wednesday that could help the world’s largest automaker keep its lead in gasoline-electric hybrid cars. For more information read: Toyota in Argentine Lithium Deal for Hybrid Car Push. By Eriko Amaha for Reuters.

Toyota 124

Toyota Argentina Nickel Metal Hydride Lithium Ion 124