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Opinion: Is Russia Plotting To Bring Down OPEC?

Green Car Congress

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
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Junkyard Find: 1992 Geo Metro 4-door hatchback

The Truth About Cars

If we're talking about realistic Metro competitors here, the base 1992 Ford Festiva actually managed to undercut the price tag on the cheapest possible Metro two-door hatchback that year: $6,911 versus $6,999. The wretched 1992 Hyundai Excel base two-door was even cheaper, at $6,595 ($15,879 in today's spondoolies ).

Suzuki 105
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Opinion: How Much Longer Can OPEC Hold Out?

Green Car Congress

Simply put, the world has too much oil at the moment which has resulted in the reduction of price levels from approximately $100 to $50 a barrel, and OPEC (as well as US shale producers) has a major role to play in this supply glut. Iraq’s Issues. After Saudi Arabia, Iraq is the biggest crude oil producer in OPEC.

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BP Energy Outlook 2030 sees emerging economies leading energy growth to 2030; global CO2 emissions from energy well above IEA 450 scenario

Green Car Congress

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
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The Oil War Is Only Just Getting Started

Green Car Congress

It’s been a month now that investors and analysts have been closely watching two main drivers for oil prices: how OPEC is doing with the supply-cut deal, and how US shale is responding to fifty-plus-dollar oil with rebounding drilling activity. This would be the short-term game between low-cost producers and higher-cost producers.

Oil 150
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RAND reports suggest US DoD use less petroleum fuel to deal with high prices, not count on alternatives

Green Car Congress

While DoD and the services will have access to the wholesale fuel supplies they require, the purchase price may be uncomfortably high. As fuel consumers, DoD and the services have only one effective option to deal with high petroleum prices: to reduce use of petroleum fuels overall. Could oil production peak before 2030?

Price 225
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IEA: global map of oil refining and trade to be redrawn over next 5 years

Green Car Congress

On each and every front— technology, geopolitics, the economy— potentially game-changing developments are taking place. Demand from non-OECD economies is forecast to overtake that in the OECD as early as 2014. The oil market is at a crossroads.

Oil 255