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Oil price collapse hurting some more than others

Green Car Congress

US oil and gas rig counts dropped to their lowest level in over four years, falling by an additional 74 units for the week ending on January 16. The lower count provides fresh evidence that low oil prices are forcing drillers to pare back operations and slash spending. With weak demand, drillers can negotiate down rig prices.

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Gas War: U.S. Oil Companies Accused of Price Fixing With OPEC, Increasing Inflation

The Truth About Cars

shale oil firms purposefully colluded with the government of Saudi Arabia to fix oil prices between 2021 and 2023. The concern was that the companies were effectively creating a monopoly in what’s already a business sector composed largely of massive multi-national corporations. Maybe Saudi and Russia will follow.

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$67 Oil Has All The Majors Converging in Argentina

Green Car Congress

Argentina offers one of the few places on earth where oil companies are not suffering from the full force of the collapse in prices. Argentina regulates oil prices, a policy originally intended to insulate the public from the whims of the market, protecting people from triple-digit crude prices.

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Opinion: Political Climate Shifting Against The Oil And Gas Industry

Green Car Congress

Oil and gas companies have had a tough time over the past year trying to weather the storm of falling oil prices. Drilling oil and gas wells requires a lot of money. For companies that have seen their revenues vanish because of collapsing oil prices, access to credit is obviously critically important.

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Record $86B in 2011 US oil and gas upstream deals, led by unconventional sector with $62B

Green Car Congress

Industry appetite for oil-rich resource plays, particularly the North Dakota Bakken shale, Texas Eagle Ford shale and Ohio Utica shale, drove deal activity in the unconventional sector to a record $62 billion. We expect continued strong activity in oil and liquids-rich resource plays in 2012. In its analysis, PLS allocated $7.2

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EIA Energy Outlook 2013 reference case sees drop in fossil fuel consumption as use of petroleum-based liquid fuels falls; projects 20% higher sales of hybrids and PHEVs than AEO2012

Green Car Congress

Compared with the last AEO, the AEO2013 shows lower gasoline use, reflecting the introduction of more stringent corporate average fuel economy (CAFE) standards. Biofuels grow at a slower rate due to lower crude oil prices and. A shift to the use of Brent spot price as the reference oil price.

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Cleantech Blog: Smart Grids and Electric Vehicles

Tony Karrer Delicious EVdriven

High-Speed Rail Unlocks Intermodal Potential Texas Excess Ford Expands Hybrid Success to Electric Vehicles ► March (17) Carbon Capture and Storage: To Be or Not To Be? 1) Nurture My Body (1) OESX (1) OIL ETN (1) OTCBB:PPRW (1) Oasys (1) Ocean Dead Zones (1) PLX Devices (1) PNE3.DE 2) Chevy Volt (2) China (2) ECOD3.SA SZ (1) 6753.T

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