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How crude-oil prices influence gasoline prices

Green Car Congress

Gasoline is one of the products refined from crude oil. Thus, the price of crude oil should have a strong influence on the price of gasoline. However, the retail price of gasoline includes other costs as well. Gasoline prices are also influenced by gasoline demand relative to gasoline supply.

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Petrol and diesel price cut by Rs 2 per litre       | Autocar Professional

Baua Electric

State-owned oil marketing companies will cut the prices of petrol and diesel across the country by Rs 2 from March 15, 6 am, as per social media posts by the Ministry of Petroleum and Natural Gas and Minister Hardeep Singh Puri on X today. Following the revision, petrol will be priced at Rs 94.72 per litre.

Petrol 52
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Purdue analysis finds H2Bioil biofuel could be cost-competitive when crude is between $99–$116/barrel

Green Car Congress

Three different carbon tax scenarios are analyzed: no carbon tax, $55/metric ton carbon tax and $110/metric ton carbon tax. This break-even crude oil price compares favorably with the literature estimated prices of fuels from alternate biochemical and thermochemical routes. —Singh et al.

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

Green Car Congress

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.” On Tuesday, 6 January, the price for WTI crude closed at $47.93/bbl,

Oil 150
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Soon an Electric Vehicle Will Cost Less Than An IC Engine Vehicle !!!

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One of the main reasons which limit the mass adaption of electric cars or EVs is its price difference in comparison with its IC engine counterpart. At present, an electric vehicle costs 30% more than an IC engine-powered vehicle with similar specifications. The Reduction in Battery cost. Tesla Electric Car.

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TransCanada terminates Energy East Pipeline and Eastern Mainline projects

Green Car Congress

Transcanada began the application process in 2013, when oil prices were substantially higher. billion carrying value, including allowance for funds used during construction (AFUDC) capitalized since inception and expects an estimated $1 billion after-tax non-cash charge will be recorded in the company's fourth quarter results.

Energy 150
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Why Is The Shale Industry Still Not Profitable?

Green Car Congress

Echoing the criticism of too much hype surrounding US shale from the Saudi oil minister last week, a new report finds that shale drilling is still largely not profitable. Not only that, but costs are on the rise and drillers are pursuing “irrational production.”. Not everyone is posting poor figures.