Cost Of, International, Oil Prices and Production

The Next Oil Price Spike May Cripple The Industry

Green Car Congress

AUGUST 25, 2017

Two diametrically opposed views dominate the current debate about where the oil price is heading. The second is that under the best of circumstances it will take the EV industry close to another decade to close this cost of ownership gap. by Andreas de Vries and Dr. Salman Ghouri for Oilprice.com. Since (non-U.S.

Oil Prices

Oil Prices Oil Industrial Industry

Petrobras says it is expanding oil and gas production in the pre-salt in “economically viable” manner

Green Car Congress

JANUARY 7, 2015

Responding to press articles saying that the collapse of the global oil price is threatening oil and gas production in the off-shore Brazil pre-salt layer, Petrobras countered that it is expanding its production capacity “in an economically viable manner.”

Oil

Oil Oil Prices Gas Production

Global biofuels production up 17% in 2010 to hit all-time high of 105 billion liters

Green Car Congress

AUGUST 31, 2011

World ethanol and biodiesel production, 1975-2010. Global production of biofuels increased 17% in 2010 to reach an all-time high of 105 billion liters (28 billion gallons US), up from 90 billion liters (24 billion gallons US) in 2009. Source: Worldwatch Institute. Click to enlarge. Biofuels provided 2.7%

2010

2010 Brazil Global Argentina

IHS Markit: conventional oil & gas discoveries at lowest levels in 70 years; major rebound unlikely

Green Car Congress

OCTOBER 2, 2019

The low levels in discoveries come as a result of a pullback during the past 10 years in the wildcat drilling that targets conventional oil and gas plays—most drastically after oil prices collapsed in 2014. —Keith King, senior advisor at IHS Markit and a lead author of the IHS Markit E&P trends analysis.

Oil

Oil Gas Oil Prices Water

Study finds that dry-feed gasification for coal-to-liquids is more efficient, lower-emitting and cheaper than slurry-feed; CCS cost-effective for reduction of CO2

Green Car Congress

NOVEMBER 24, 2010

Comparison of coal consumption and CO 2 emissions for co-production and separate production of liquids and power. The main reason for the better performance and economics of the dry-feed [Shell] system is the larger fraction of CO and H 2 , the main reactants in a FT reaction, in the gasifier products compared to the GE system.

Coal

Coal Oil Prices CO2 Gas-Electric

Chevron leveraging information technology to optimize thermal production of heavy oil with increased recovery and reduced costs

Green Car Congress

JUNE 23, 2011

Chevron’s focus on optimizing the thermal management of the Kern River field has resulted in a steady drop in the steam:oil ratio (barrels steam water per barrel oil), resulting in improved economics of the field even with slowly declining production. Current product flow at Kern River field. Data: California DOGGR.

Chevron

Chevron Oil Oil-Sands Production

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

DECEMBER 5, 2012

The US Energy Information Administration released its Annual Energy Outlook 2013 (AEO2013) Reference case (the Early Release ), which highlights a growth in total US energy production that exceeds growth in total US energy consumption through 2040. Domestic oil production will rise to 7.5 Overall findings. than in AEO2012.

Fuel

Fuel Energy Sale 2013

IRENA report finds renewable power costs at parity or below fossil fuels in many parts of world

Green Car Congress

JANUARY 17, 2015

The cost of generating power from renewable energy sources has reached parity or dropped below the cost of fossil fuels for many technologies in many parts of the world, according to a new report released by the International Renewable Energy Agency (IRENA). Real weighted average cost of capital is 7.5% Source: IRENA.

Renewable

Renewable Parts Power Powered

Soon an Electric Vehicle Will Cost Less Than An IC Engine Vehicle !!!

Get Electric Vehicle

MAY 29, 2021

The price parity of electric cars and internal combustion engines is seen as a significant achievement in the world’s transformation away from fossil fuels. The Reduction in Battery cost. Around 2020 and 2030, new battery costs are expected to drop by 58 %, to $58 per kilowatt-hour. Tesla Electric Car.

Electric Vehicles

Electric Vehicles Engine Vehicles Gasoline-Electric

Roland Berger study outlines integrated vehicle and fuels roadmap for further abating transport GHG emissions 2030+ at lowest societal cost

Green Car Congress

APRIL 30, 2016

Optimized internal combustion engines are the major contributor to the reduction of passenger car GHG emissions with significant improvements until 2020 and the subsequent penetration of more effective alternative technologies into the fleet. The additional abatement potential of these technologies is approx. 34 Mton CO 2 e (WTW).

Transportation

Transportation Emissions Fuel Vehicles

KPMG study identifies 10 sustainability “megaforces” with accelerating impacts on business; imperative of sustainability changing the automotive business radically

Green Car Congress

FEBRUARY 15, 2012

In a new study, KPMG International has identified 10 “megaforces” that will significantly affect corporate growth globally over the next two decades. Total environmental cost 2010 vs growth in environmental cost since 2002 vs environmental intensity improvement. Source: KPMG. Click to enlarge. Source: KPMG. Click to enlarge.

Climate Change

Climate Change Water Climate Global

Study Finds Government Mandates Superior to All Other Biofuels Policies, But Mixing With Subsidies Causes Adverse Effects; The Argument for a Direct CO2 Tax

Green Car Congress

FEBRUARY 17, 2010

Other findings from the study include: Ethanol policy can have a substantial impact on corn prices. However, production costs of US corn-ethanol are very high. The gap between the intercept of the ethanol supply curve and the oil price creates large deadweight costs that may overwhelm any external benefits.

Tax

Tax CO2 Renewable Standards

Study finds no alternative to widespread switching of direct fuel uses to electricity to meet 2050 California GHG targets; putting detail in climate wedges

Green Car Congress

NOVEMBER 27, 2011

Institute of International Studies, University of. forecasts of population and gross state product, combined. essential for reducing the cost of electrification, by raising. The transportation sector bore the highest share of these costs, reflecting the cost of fleet electrification. Laboratory. 875 Mt CO 2 e.

Climate

Climate California Fuel Gas-Electric

Perspective: US Needs to Transition to Hydrous Ethanol as the Primary Renewable Transportation Fuel

Green Car Congress

AUGUST 30, 2009

The oil price shocks of the 1970s led the Brazilian government to address the strain high prices were placing on its fragile economy. Brazil, the largest and most populous country in South America, was importing 80% of its oil and 40% of its foreign exchange was used to pay for that imported oil. by Brian J.

Transportation

Transportation Fuel Renewable Gasoline-Electric

Roland Berger E-Mobility Index finds government subsidies for and projected sales of xEVs declining worldwide

Green Car Congress

MAY 22, 2013

Overall, worldwide sales forecasts—and hence the related production forecasts for EVs and PHEVs—are more conservative than in the preceding survey period. Among the seven automotive nations tracked by the index, the share of production in some segments is shifting in favor of individual countries. Source: Roland Berger.

South Korea

South Korea Sale France Plug-in

AECOM study finds EV adoption in Victoria can offer significant economic benefits by late 2020s; PHEVs initially lead uptake

Green Car Congress

JULY 12, 2011

Assumes there are only Internal Combustion Engines (ICEs) and Hybrid Electric Vehicles (HEVs) available, with no Plug-in Hybrid Electric Vehicles (PHEVs) or pure Electric Vehicles (EVs). The analysis is based on central forecasts of oil price, electricity. However, as EV and PHEV prices gradually reach. Scenario 1.

PHEV

PHEV Oil Prices Australia Price

Perspective: Toyota Prius Recall Is Only a Bump in the Road in the Move Toward Electrification

Green Car Congress

FEBRUARY 9, 2010

That is why many OEMs are beginning to rebuild their internal electronics and system engineering capabilities after many years of outsourcing. They have already reshuffled their product portfolio for the coming years. This price reduction will create the economic incentive to appeal to a broader consumer base.

Prius

Prius Toyota PHEV Hybrid

IEA WEO-2012 finds major shift in global energy balance but not onto a more sustainable path; identifies potential for transformative shift in global energy efficiency

Green Car Congress

NOVEMBER 12, 2012

The global energy map is changing significantly, according to the 2012 edition of the Internal Energy Agency’s (IEA) World Energy Outlook ( WEO-2012 ). North America emerges as a net oil exporter, accelerating the switch in direction of international oil trade, with almost 90% of Middle Eastern oil exports being drawn to Asia by 2035.

Global

Global 2012 Energy Oil

CAR releases study on use of bio-based materials in automotive sector; potential for the Great Lakes Region

Green Car Congress

MARCH 30, 2012

The report defines bio-based materials as industrial products made from renewable agricultural and forestry feedstocks, which can include wood, grasses, and crops, as well as wastes and residues. This promise of lower costs with increased volumes holds as true for lithium-ion batteries as it does for bio-based floor mats.

Polymer

Polymer Cars Automobile Standards

Study Finds Integrated Biorefinery Processes Could Be Highly Competitive With Petroleum Fuels on Efficiency and Costs, While Offering Substantial Reductions in Greenhouse Gas Emissions

Green Car Congress

MARCH 8, 2009

The RBAEF project, which was launched in 2003, is the most comprehensive study of the performance and cost of mature technologies for producing energy from biomass to date. a company commercializing a cellulosic ethanol production process, is co-author of five of the eight papers in the special issue.

Emissions

Emissions Gas Fuel 2009

Accenture Reports Identifies 12 Disruptive Technologies Most Likely to Transform Supply and Demand of Transport Fuels and Cut Emissions Within Next 10 Years

Green Car Congress

NOVEMBER 10, 2009

Will be competitive at an oil price of $45 to $90 at their commercial date. These include: Next-generation internal combustion engine. The biggest challenge is in the deconstruction stage, with high costs for pretreatment and enzymes. Accenture divided the technologies into three groups: Evolutionary. Waste-to-fuel.

Transportation

Transportation Supplies Emissions Fuel

Inaugural Quadrennial Technology Review report concludes DOE is underinvested in transport; greatest efforts to go to electrification

Green Car Congress

SEPTEMBER 28, 2011

There is significant headroom for DOE to work on increasing conventional vehicle efficiency by improving the internal combustion engine, by lightweighting, and by improving the aerodynamics of heavy-duty vehicles. The QTR notes that improving vehicle efficiency is the most effective short-term route to reducing liquid fuel consumption.

Transportation

Transportation Fuel Economy Light Fuel

Expert panel report finds achieving 1M plug-in vehicles in US by 2015 would require concentrated action to overcome barriers

Green Car Congress

FEBRUARY 4, 2011

At a media dinner at the North American International Auto Show in Detroit last month, Ford Motor Executive Chairman Bill Ford made some observations on the prospects for electric vehicles: “ Here we are today now, embarking upon something which is very different for our industry. The focus is primarily near term (i.e., Market Drivers.

Plug-in

Plug-in 2015 Plug Recharge

Opinion: Saudi Oil Strategy: Brilliant Or Suicide?

Green Car Congress

AUGUST 13, 2015

In October, Saudi sources first prepared the market with statements that the country would be comfortable with oil prices as low as $80 per barrel for “a year or two.” At the November OPEC meeting, the Saudi oil minister, Ali Al-Naimi, publicly announced Saudi Arabia would allow market forces to set prices.

Saudi Arabia

Saudi Arabia Oil Iraq Iran

IEA World Energy Outlook 2013 sees CO2 emissions rising by 20% to 2035; oil use on upward trend

Green Car Congress

NOVEMBER 13, 2013

High oil prices, persistent differences in gas and electricity prices between regions and rising energy import bills in many countries focus attention on the relationship between energy and the broader economy. Contributions to global oil production growth. Technology and oil. Source: IEA. Click to enlarge.

Oil

Oil 2013 Energy Emissions

Study details viable pathway to develop sustainable aviation biofuels industry in Pacific Northwest; hydroprocessing of natural oils seen as the most immediate opportunity

Green Car Congress

MAY 25, 2011

path” to help overcome key commercial and sustainability challenges and speed fuel production. Established hydroprocessing technologies to produce aviation fuels from natural oils. The remaining product would be mostly renewable diesel, with. —SAFN report. fractions as propane and naphtha. renewable diesel.

Oil

Oil Industrial Industry Renewable

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

NOVEMBER 13, 2011

Change in primary oil demand by sector and region in the central New Policies Scenario, 2010-2035. The 450 Scenario works back from the international goal of limiting the long-term increase in the global mean temperature to two degrees Celsius (2 °C) above pre-industrial levels, in order to trace a plausible pathway to that goal.

Oil

Oil Transportation Cheap Fleet

Nissan’s Big Gamble

Revenge of the Electric Car

JULY 14, 2009

It’ll be mostly driven by the cost of gas. “Hybrid vehicles compete with the internal combustion engine. Production begins in late 2012. Pricing isn’t set. Oil vs. electrons. But Ghosn thinks rising oil prices will tilt the economics in favor of electrons. That’s a given.

Nissan

Nissan Japan United States Gasoline-Electric

Cleantech Blog: Smart Grids and Electric Vehicles

Tony Karrer Delicious EVdriven

APRIL 16, 2009

Annual use of an EV should be less than the average cost of $8,000 per year for using a gasoline in many countries including the USA. 1) Nurture My Body (1) OESX (1) OIL ETN (1) OTCBB:PPRW (1) Oasys (1) Ocean Dead Zones (1) PLX Devices (1) PNE3.DE Pre-paid 600 kilometer cards are one approach that is suggested. SZ (1) 6753.T

Grid

Grid Electric Vehicles Vehicles Oil-Sands

EV Driven

The Next Oil Price Spike May Cripple The Industry

Petrobras says it is expanding oil and gas production in the pre-salt in “economically viable” manner

Global biofuels production up 17% in 2010 to hit all-time high of 105 billion liters

IHS Markit: conventional oil & gas discoveries at lowest levels in 70 years; major rebound unlikely

Study finds that dry-feed gasification for coal-to-liquids is more efficient, lower-emitting and cheaper than slurry-feed; CCS cost-effective for reduction of CO2

Chevron leveraging information technology to optimize thermal production of heavy oil with increased recovery and reduced costs

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

IRENA report finds renewable power costs at parity or below fossil fuels in many parts of world

Soon an Electric Vehicle Will Cost Less Than An IC Engine Vehicle !!!

Roland Berger study outlines integrated vehicle and fuels roadmap for further abating transport GHG emissions 2030+ at lowest societal cost

KPMG study identifies 10 sustainability “megaforces” with accelerating impacts on business; imperative of sustainability changing the automotive business radically

Study Finds Government Mandates Superior to All Other Biofuels Policies, But Mixing With Subsidies Causes Adverse Effects; The Argument for a Direct CO2 Tax

Study finds no alternative to widespread switching of direct fuel uses to electricity to meet 2050 California GHG targets; putting detail in climate wedges

Perspective: US Needs to Transition to Hydrous Ethanol as the Primary Renewable Transportation Fuel

Roland Berger E-Mobility Index finds government subsidies for and projected sales of xEVs declining worldwide

AECOM study finds EV adoption in Victoria can offer significant economic benefits by late 2020s; PHEVs initially lead uptake

Perspective: Toyota Prius Recall Is Only a Bump in the Road in the Move Toward Electrification

IEA WEO-2012 finds major shift in global energy balance but not onto a more sustainable path; identifies potential for transformative shift in global energy efficiency

CAR releases study on use of bio-based materials in automotive sector; potential for the Great Lakes Region

Study Finds Integrated Biorefinery Processes Could Be Highly Competitive With Petroleum Fuels on Efficiency and Costs, While Offering Substantial Reductions in Greenhouse Gas Emissions

Accenture Reports Identifies 12 Disruptive Technologies Most Likely to Transform Supply and Demand of Transport Fuels and Cut Emissions Within Next 10 Years

Inaugural Quadrennial Technology Review report concludes DOE is underinvested in transport; greatest efforts to go to electrification

Expert panel report finds achieving 1M plug-in vehicles in US by 2015 would require concentrated action to overcome barriers

Opinion: Saudi Oil Strategy: Brilliant Or Suicide?

IEA World Energy Outlook 2013 sees CO2 emissions rising by 20% to 2035; oil use on upward trend

Study details viable pathway to develop sustainable aviation biofuels industry in Pacific Northwest; hydroprocessing of natural oils seen as the most immediate opportunity

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

Nissan’s Big Gamble

Cleantech Blog: Smart Grids and Electric Vehicles

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