Green Car Congress

MARCH 8, 2017

OPEC’s coordinated effort to curtail global supply has so far managed to put a floor under oil prices, which have been sitting modestly above US$50 since the deal was announced at the end of November last year. Analysts and experts are now mostly predicting that oil prices will remain below US$60 this year.

Oil Prices 170

Oil Prices Saudi Arabia Oil Price 170

Green Car Congress

SEPTEMBER 2, 2015

The first quote modifies a GEICO commercial describing a free-range chicken (If you’re a free range chicken, you roam free, that’s what you do), the second, the famous John Maynard Keynes quote about markets (The market can stay irrational longer than you can stay solvent), the third, another famous Keynes quote (In the long run, we’re all dead).

Oil 150

Oil Saudi Arabia UAE 2015 150

Green Car Congress

SEPTEMBER 10, 2014

The potential for growth in demand for liquid fuels is focused on the emerging economies of China, India, and the Middle East, while liquid fuels demand in the United States, Europe, and other regions with well-established oil markets seems to have peaked. Rising world oil prices attract investment in areas previously considered uneconomic.

Asia 341

Asia Transportation Oil-Sands Oil Prices 341

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. The IEA also faulted production cuts stemming from Russia and Saudi Arabia.

Price 94

Price Saudi Arabia Fuel Oil 94