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Opinion: Oil Market ShowdownCan Russia Outlast The Saudis?

Green Car Congress

Venezuela, an OPEC member, has even proposed an emergency summit meeting. and China markets, while the Russian Finance Ministry recently backed away from a tax proposal which Russian crude producers said would reduce their output. Their suffering has led some to call for a change in strategy to “balance” the market and boost prices.

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Electric cars to account for 64 per cent of car sales by 2030

Green Cars News

It is the first study to forecast the adoption rates of electric vehicles with pay-per-mile service contracts that finance the cost of the battery. Pay-per-mile service contracts eliminate the additional upfront costs traditionally associated with electric cars. light-vehicle fleet by 2030.

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IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

Green Car Congress

A growing share of output comes from natural gas liquids (more than 18 mb/d in 2035) and unconventional sources (10 mb/d, largely from Canada and Venezuela). from the Bakken shale) are developed, but increasing reliance on oil imports elsewhere heightens concerns about the cost of imports and supply security.

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