Green Car Congress

SEPTEMBER 20, 2011

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. In the IEO2011 Reference case the price of light sweet crude oil (in real 2009 dollars) remains high, reaching $125 per barrel in 2035.

Oil-Sands 220

Oil-Sands Oil 2008 Oil Prices 220

Green Car Congress

OCTOBER 12, 2012

Profound shifts in the regional distribution of oil demand and supply growth will redefine the refining industry and transform global oil trade over the next five years, according to the annual Medium-Term Oil Market Report (MTOMR) released by the International Energy Agency (IEA). The oil market is at a crossroads.

Oil 255

Oil Oil-Sands Global Oil Prices 255

Green Car Congress

JANUARY 19, 2011

The forecast’s base case points to primary energy use growing by nearly 40% over the next twenty years, with 93% of the growth coming from non-OECD (Organization of Economic Co-operation and Development) countries. OECD oil demand peaked in 2005 and in 2030 is projected to be roughly back at its level in 1990.

Energy 210

Energy Economy Global Oil-Sands 210

Green Car Congress

DECEMBER 15, 2013

Driven by increasing population, urbanization and rising living standards, the world will require some 35% more energy in 2040, according to ExxonMobil’s annual forecast report: Outlook for Energy: A View to 2040. China will see the largest increase—more than 4 million oil-equivalent barrels per day. Click to enlarge.

Oil-Sands 309

Oil-Sands Energy Hybrid Sale 309

Green Car Congress

DECEMBER 10, 2014

Without efficiency gains across economies worldwide, energy demand from 2010 to 2040 would be headed toward a 140% increase instead of the 35% forecast in the report. The Outlook for Energy identifies a significant evolution in the trade of oil and other liquids. Forecasts Fuel Efficiency Fuels Market Background Oil'

Energy 252

Energy Global 2010 Oil-Sands 252

Green Car Congress

JULY 2, 2013

In contrast to arguments that peak conventional oil production is imminent due to physical resource scarcity, a team from Stanford University and UC Santa Cruz has examined the alternative possibility of reduced oil use due to improved efficiency and oil substitution. 2010, to above 140 $/bbl in constant 2010 dollars).

Oil 207

Oil Oil-Sands Fuel Economy Transportation 207

Green Car Congress

JUNE 5, 2010

For dewatering the company has agreements in place with two technology providers and, through inVentures, has access to an organic sieve technology for removing water from the algae oil. In parallel, scientists are also working to develop technology to effectively extract the oil.

Canada 286

Canada Oil-Sands Mariner Oil 286