Conversion Fleet Oil Oil Prices 
Green Car Congress
JULY 7, 2016
Since late 2014, the production of crude oil has outpaced demand, triggering a sustained collapse in world oil prices, which have remained mostly below $50 per barrel. As a result, these low prices have put pressure on the market for natural gas vehicles (NGVs) and the corresponding refueling infrastructure.
Green Car Congress
JUNE 11, 2018
In addition, Barrow said, progress has also been made by the IMO in 2018 on a number of other issues relating to the new regulations, including transitional plans, verification issues, control mechanisms, and the role of port states, as well as on the reporting of fuel-oil non-availability. —Sandeep Sayal.
Green Car Congress
AUGUST 28, 2017
Heavy fuel oil (HFO) is the predominant marine fuel. From the shipping industry point of view, IHS Markit estimates that about 20,000 ships account for around 80 percent of heavy fuel-oil bunker fuel use. IHS Markit expects an unprecedented light-heavy price spread during 2020 to 2021. —Kurt Barrow.
Green Car Congress
DECEMBER 28, 2015
This area will likely remain focused on the fleet markets (such as municipal vehicles), with medium- and heavy-duty gas vehicles—particularly for local applications, including refuse trucks, delivery vehicles, and transit buses that operate out of centralized depots—being the dominant applications.
Green Car Congress
NOVEMBER 11, 2010
The fortunes of alternative energy have historically waxed and waned with the price levels of oil, gas, and other energy sources, rising when prices are high only to fall once they retreat. Base case economics for EVs in North America are very challenging, absent significant disruption in oil price or battery cost.
Green Car Congress
NOVEMBER 7, 2014
The shale revolution’s sweet spot is oilfield services, the lower-risk backbone of the American oil and gas boom that pays off regardless of a play’s economics. And while oil prices slumped in October, drilling activity continues to rise, according to Baker Hughes , the third-largest oil services company.
Green Car Congress
SEPTEMBER 28, 2011
The DOE-QTR defines six key strategies: increase vehicle efficiency; electrification of the light duty fleet; deploy alternative fuels; increase building and industrial efficiency; modernize the electrical grid; and deploy clean electricity. DOE’s most significant role in transport research is here.
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