Green Car Congress

JUNE 24, 2015

This also demonstrates how the OPEC strategy of maintaining an oil price ceiling is affecting US E&P companies, forcing a consolidation which I believe will be unprecedented in size and scope. State run oil companies don’t do this very well and usually fail to adjust to price movements while free market capital-based societies do.

Oil 150

Oil Industrial Industry Oil Prices 150

Green Car Congress

NOVEMBER 18, 2015

Russia’s central bank recently warned about the growing financial risks to the Russian economy from Saudi Arabia encroaching upon its traditional export market for crude oil. Russia sends 70 percent of its oil to Europe, but Saudi Arabia has been making inroads in the European market amid the oil price downturn.

Saudi Arabia 150

Saudi Arabia Oil Europe Russia 150

Green Car Congress

JUNE 7, 2017

Compared to the reference case, in which gasoline vehicles (ICEVs) remain dominant through 2050 (BAU), OPT results in 16% and 36% reductions in LDV greenhouse gas (GHG) emissions for 2030 and 2050, respectively, corresponding to 5% and 9% reductions in economy-wide emissions. Credit: ACS, Keshavarzmohammadian et al. Click to enlarge.

Emissions 150

Emissions Economy Gasoline-Electric Coal 150

Green Car Congress

JUNE 1, 2016

According to a separate report from SAFE, a Washington-based think tank, the oil industry has cut somewhere around $225 billion in capex in 2015 and 2016, which will lead to global supplies 4 million barrels per day lower in 2018-2020, compared to what market analysts expected as of 2014. The price acts as a self-correcting mechanism.

Oil 150

Oil Supplies Market Oil Prices 150

Green Car Congress

JANUARY 19, 2011

World energy growth over the next twenty years is expected to be dominated by emerging economies such as China, India, Russia and Brazil while improvements in energy efficiency measures are set to accelerate, according to BP’s latest projection of energy trends, the BP Energy Outlook 2030. Click to enlarge. Coal will increase by 1.2%

Energy 210

Energy Economy Global Oil-Sands 210

Green Car Congress

AUGUST 27, 2013

The rapidly industrializing economies of China and India fueled much of Asia’s demand increase, growing 2.8 If China’s use of petroleum continues to grow as projected, it is expected to replace the United States as the world’s largest net oil importer this fall. Between 2008 and 2012, Asia’s consumption increased by 4.4

North America 261

North America 2012 America Europe 261

Green Car Congress

JUNE 18, 2022

While higher prices and a weaker economic outlook are moderating consumption increases, a resurgent China will drive gains next year, with growth accelerating from 1.8 In contrast to 2022 when the OECD led the expansion, non-OECD economies are set to account for nearly 80% of growth next year. OECD industry stocks also rose, by 42.5

Oil 210

Oil Global Libya Russia 210

Green Car Congress

JULY 7, 2012

The Nikkei reports that the nationwide average price in Japan for regular gasoline was ¥139.8 Prices at the pump are falling in Japan not only due to lower crude oil prices, but also because the widespread popularity of fuel-efficient vehicles has lowered demand for gasoline.A per liter ($6.65

Japan 258

Japan Gasoline Fuel Gasoline-Electric 258

Green Car Congress

NOVEMBER 4, 2019

Primary energy intensity—an indicator of how much energy is used by the global economy—improved by just 1.2% In 2018 final demand (total final consumption) grew by 2.2%, continuing an increasing trend since 2015, driven by strong growth in energy-intensive industries. Global primary energy demand rose by 2.3%

Global 150

Global Energy 2018 Coal 150

Green Car Congress

MARCH 27, 2020

Further, according to the latest IHS Markit forecasts, the global auto industry will exerience an unprecedented and almost instant stalling of demand in 2020, with global auto sales forecast to plummet more than 12% from 2019 to 78.8 million units. Europe is now in a full-scale coronavirus crisis with demand conditions worsening by the day.

Gasoline 269

Gasoline 2020 Gasoline-Electric 2008 269

Green Car Congress

APRIL 14, 2015

AEO2015 presents updated projections for US energy markets through 2040 based on six cases (Reference, Low and High Economic Growth, Low and High Oil Price, and High Oil and Gas Resource) that reflect updated scenarios for future crude oil prices. trillion cubic feet (Tcf) in the Low Oil Price case to 13.1

2020 150

2020 Energy Transportation Oil Prices 150

Green Car Congress

SEPTEMBER 20, 2011

Particularly during the surge of what was called the “knowledge-based economy” from 1991 to 2000, global economic productivity increased without parallel increases in energy use. In addition to technological advances, price developments play a key role in determining overall energy usage, Worldwatch notes.

2010 246

2010 Global Energy 2008 246

Green Car Congress

APRIL 10, 2015

With its headquarters in Vienna, Austria, one of the mandates of 12-member OPEC is to “ensure the stabilization of oil markets in order to secure an efficient, economic and regular supply of petroleum to consumers, a steady income to producers, and a fair return on capital for those investing in the petroleum industry.”

Saudi Arabia 150

Saudi Arabia Venezuela Iran Nigeria 150

Green Car Congress

DECEMBER 21, 2015

It will also be due to the continued drive to reduce carbon emissions and improve vehicle fuel economy in the major developed vehicle markets. These include the dive in oil prices that began in mid-2014, as well as the phasing out of some local government purchase incentives. Electric Vehicle Market Forecasts”.

Light 150

Light Sale Global Oil Prices 150

Green Car Congress

OCTOBER 12, 2012

Profound shifts in the regional distribution of oil demand and supply growth will redefine the refining industry and transform global oil trade over the next five years, according to the annual Medium-Term Oil Market Report (MTOMR) released by the International Energy Agency (IEA). The oil market is at a crossroads.

Oil 255

Oil Oil-Sands Global Oil Prices 255

Green Car Congress

DECEMBER 5, 2012

new appliance standards and CAFE) and changes in the way energy is used in the US economy. quadrillion Btu in 2035, as a result of fuel economy improvements achieved through stock turnover as older, less efficient vehicles are replaced by newer, more fuel-efficient vehicles. million, or less than one-half the 2.9 than in AEO2012.

Fuel 225

Fuel Energy Sale 2013 225

Green Car Congress

APRIL 18, 2020

The China policy response to assist the commercial-vehicle industry has been broad, with a variety of direct and indirect supports announced, locally and nationally. The local industry is already recovering, with commercial vehicle plants re-opened.

2020 191

2020 Commercial Global Production 191

Green Car Congress

DECEMBER 13, 2010

Sustainable Industries Predictions for 2011 include: Cap and Trade Discarded by Congress in National Energy Policy. the future of the economy and the environment. Rising Oil Prices Lead to Investments in Natural Gas. Oil markets are traditionally sensitive to a pick up in economic activity. technologies mature.

Congress 170

Congress 2011 Clean Cleaning 170

Green Car Congress

DECEMBER 13, 2017

CLEEN is the FAA’s principal environmental effort to accelerate the development of new aircraft, engine technologies, and to advance sustainable alternative jet fuels, in conjunction with aviation industry leaders such as GE Aviation. HEDFs are currently used in air and sea-launched cruise missiles used by the US military forces.

Fuel 170

Fuel Oil Prices Oil Emissions 170

Green Car Congress

OCTOBER 6, 2015

Energy is the foundation of Russia, its economy, its government, and its political system. Even a casual glance at the IMF’s World Economic Outlook statistics for Russia shows the tight correlation since 1992 between GDP growth on the one hand and oil and gas output, exports, and prices on the other (economic series available here ).

Russia 150

Russia Saudi Arabia Iran Iraq 150

Green Car Congress

MAY 27, 2009

With strong economic growth and continued heavy reliance on fossil fuels expected for most of the non-OECD economies, much of the increase in carbon dioxide emissions is projected to occur among the developing, non-OECD nations. World oil prices have fallen sharply from their July 2008 high mark. in the reference case.

2006 150

2006 Emissions Energy Oil-Sands 150

Green Car Congress

OCTOBER 5, 2009

A report recently published by the US Government Accountability Office (GAO) concludes that the US biofuels industry and federal agencies will face significant challenges in meeting the more demanding requirements for volumes of advanced biofuels in RFS2 while minimizing any unintended adverse effects. specifies this year.

Tax Credit 170

Tax Credit Industrial Industry Tax 170

Green Car Congress

DECEMBER 16, 2013

The rising fuel economy of LDVs more than offsets the modest growth in VMT, resulting in a 25% decline in LDV energy consumption decline between 2012 and 2040 in the AEO2014 Reference case. Some other key findings of the AEO2014 Reference case include: Low natural gas prices boost natural gas-intensive industries.

Oil 290

Oil Light Energy Vehicles 290

Green Car Congress

APRIL 9, 2010

I believe we are on the cusp of the next great tectonic shift in our economy, one that will transform the way we use energy both in our homes and on the road. The Inforum LIFT model is a detailed economic forecasting model, which captures, among other things, the effects of purchases and sales between industries. Global Demand for Oil.

Grid 186

Grid Vehicles 2008 Oil 186

Green Car Congress

SEPTEMBER 13, 2017

At home, the kingdom needs oil and natural gas for transportation, industrial production and electricity generation. Each of these sources of domestic demand is increasing, propelled by rising populations, growing incomes and subsidized end-user prices that, despite a recent adjustment, remain among the lowest in the world.

Saudi Arabia 150

Saudi Arabia Oil Production Climate 150

Green Car Congress

JULY 6, 2017

The forecast, put together by the advanced transport team at BNEF, relies on likely future reductions in price for lithium-ion batteries and of prospects for the other cost components in EVs and internal combustion engine vehicles. We see a momentous inflection point for the global auto industry in the second half of the 2020s.

PHEV 170

PHEV Sale Lithium Ion Cars 170

Green Car Congress

SEPTEMBER 2, 2015

If you are the world’s leading energy economy, you produce energy, that’s what you do.”. “A If You’re a Free Range Oil Producer. Despite low oil prices, Saudi Arabia is maintaining its investment in its oil industry. as the drop in oil prices over the last year has put a strain on the nation’s finances.".

Oil 150

Oil Saudi Arabia UAE 2015 150

Green Car Congress

JULY 20, 2012

savings stimulated by high oil prices led to a decrease of 3% in CO 2 emissions in the European Union and of 2% in both the United States and Japan. tonnes per capita—within the range of 6 to 19 tonnes per capita emissions of the major industrialized countries. Weak economic conditions, a mild winter, and energy.

2011 236

2011 Emissions CO2 Global 236

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.

Transportation 317

Transportation Fuel Renewable Gasoline-Electric 317

Green Car Congress

FEBRUARY 3, 2015

in 2014 as a result of industrial overcapacity and weakness in the real estate sector. This, along with the increase in the IPI (an industry tax) in early January, higher financing rates and weak job generation should translate into sales in Brazil of 3.25 million units. Europe; Russia influences.

2015 150

2015 Light Market Global 150

Green Car Congress

NOVEMBER 27, 2011

Technically feasible levels of energy efficiency and decarbonized energy supply alone will not be sufficient to reduce greenhouse gas emissions 80% below 1990 levels by 2050, according to a detailed modeling of the California economy performed by a team from Energy and Environmental Economics, the Monterey. Subsequent work has. 875 Mt CO 2 e.

Climate 262

Climate California Fuel Gas-Electric 262

Green Car Congress

JUNE 17, 2015

The fallout of the collapse in oil prices has a lot of side effects apart from the decline of rig counts and oil flows. With the state’s economy now almost entirely hitched to the fortunes of the oil industry, they are hoping for a rebound. By Nick Cunningham of Oilprice.com.

North Dakota 150

North Dakota Montana Las Vegas Oil 150

Green Car Congress

DECEMBER 17, 2010

The fuel economy standards are increased through model year 2020 to meet the statutory requirements of EISA2007. The AEO2011 Reference case does not include the proposed fuel economy standards for heavy-duty vehicles because the specifics of the new standards are not yet available. Unconventional vehicle sales. Source: EIA.

Gas 199

Gas 2011 Price Energy 199

Green Car Congress

FEBRUARY 15, 2012

The analysis examines how these global forces may impact business and industry; calculates the environmental costs to business; and calls for business and policymakers to work more closely to mitigate future business risk and act on opportunities. Global food prices are predicted to rise 70 to 90 percent by 2030. billion in 2005.

Climate Change 310

Climate Change Water Climate Global 310

Green Car Congress

JANUARY 13, 2011

Electrification will also reduce oil dependence, providing foreign policy benefits and the potential to reduce real oil prices and oil price volatility. Electrification will reduce emissions, with the scale determined by the carbon intensity of the power sector. Vehicle technologies. —Deutch and Moniz.

Transportation 252

Transportation MIT Oil Prices Oil 252

Green Car Congress

SEPTEMBER 21, 2015

New crews will have to be hired and retrained because the old crews have either moved onto other industries under mass layoffs or will move on once their 6 months of unemployment benefits run out. There are some economies these days but the efficiency story should be ignored for the most part. It is time consuming to hire and re-train.

Oil Prices 150

Oil Prices Oil Price Oil-Sands 150

Green Car Congress

JUNE 26, 2009

In addition to high oil prices and the financial crisis, the increased use of new renewable energy sources, such as biofuels for road transport and wind energy for electricity generation, had a noticeable and mitigating impact on CO 2 emissions. Fossil oil consumption decreased by one per cent, due to high prices and more biofuels.

2008 170

2008 Oil Renewable Emissions 170