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Today’s Stunted Oil Prices Could Cause Oil Price Shock In 2020

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As oil prices remain unsteady and OPEC continues to make headlines every hour, the world is focused on oil’s immediate future. With this kind of impending discrepancy between supply and demand, the industry needs to start looking for new sources of oil, and quickly. by Haley Zaremba for Oilprice.com.

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Nikkei: popularity of fuel-efficient vehicles lowering demand for gasoline in Japan

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The Nikkei reports that the nationwide average price in Japan for regular gasoline was ¥139.8 per gallon US) as of Monday, dropping for the 13 th straight week to a 16-month low, according to the Agency for Natural Resources and Energy. per liter ($6.65

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Are biofuels the answer for green cars? The Green Piece

Green Cars News

Global use of biofuels will more than double between 2009 and 2015 – that is the verdict of Hart Energy Publishing’s Global Biofuels Centre (see article ). Generally, any alternative energy form that can help reduce carbon dioxide (CO2) emissions and limit our reliance on fossil fuels is well-received. Faye Sunderland.

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Opinion: Oil Megaprojects Won’t Stay On The Shelf For Long

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One casualty of the oil price downturn could be the megaproject. For years, as conventional oil reserves depleted and became increasingly hard to find, oil companies ventured into far-flung locales to find new sources of production. The collapse of oil prices, however, could kill off the megaproject.

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Perspective: Government Leadership Needed for Electric Vehicles to Succeed

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Perspective by Chris Hill, Manager, Central Fleet for the City of Hamilton, Ontario, Canada, and author of Hamilton’s Green Fleet Implementation Plan. [Mr. Hill is currently chair of the Ontario Chapter of NAFA Fleet Management Association, and a Green Party candidate for Canada’s Parliament in the next general election.

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Fossil fuel emissions expected to grow in 2010

Green Cars News

According to the US Energy Information Administration, there will be an increase in emissions in the region of 2.1 Tags: Global warming Green cars Latest news emissions ethanol fossil fuels fuel prices oil prices petrol prices. per cent this year despite a fall [.].

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Will green initiatives mean oil demand peaks before supply?

Green Cars News

A new study into ‘peak oil’ will question whether the theory should really be about ‘peak oil demand’ rather than supply. As concerns about climate change, energy security and oil price volatility coupled with advances in low carbon technology could mean that demand for oil peaks before the world’s capacity to supply it does.

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