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Opinion: Everyone Is Guessing When It Comes To Oil Prices

Green Car Congress

Predicting and diagnosing the trajectory of oil prices has become something of a cottage industry in the past year. But along with all of the excess crude flowing from the oil patch, there is also an abundance of market indicators that while important, tend to produce a lot of noise that makes any accurate estimate nearly impossible.

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Sasol bails on $13-$15B US GTL project, divests from Canadian shale; no new greenfield GTL

Green Car Congress

At the company’s Capital Markets Day 2017 in Johannesburg, South Africa, Sasol management said that the company will no longer pursue its proposed ) project in the US ( earlier post ) and furthermore will not invest in additional greenfields gas-to-liquids (GTL) projects. —Stephen Cornell. —Stephen Cornell.

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The War in Ukraine Disrupts Trade in Both Food and Fuel

Cars That Think

The Russian invasion of Ukraine has brought a stream of reports about the country’s energy exports. The EU bought about 85 percent of the natural gas that Russia shipped out (via pipelines from Western Siberia) and nearly 55 percent of the crude oil and refined oil products that Russia exported (via pipelines and tankers).

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China Moving Ahead with Shenhua CTL Project; NuCoal in Canada Focusing on CTL Gasoline Project

Green Car Congress

China’s Shenhua Energy Co Ltd recently announced that will begin construction on a CTL plant in October 2010. The plant will be jointly developed with South Africa-based Sasol, the world’s largest CTL company. Earlier post.) One tonne of coal will produce approximately two barrels (84 gallons US) of gasoline.

Gasoline 150
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Celanese sees new TCX ethanol process as key component in future growth; a paradigm shift in ethanol production

Green Car Congress

In a paper presented at the US Department of Energy (DOE) Coal Liquefaction and Gas Conversion Contractors Review Conference in 1995, Joo et al. In the presentation to investors, Celanese executives said that TCX enables the company to produce ethanol at the equivalent of gasoline produced with $60 per barrel crude oil (around $1.50/gallon).

Future 210
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Study recommends $10B/year US federal investment in energy RD&D and a substantial price on carbon emissions; leveraging the national labs and encouraging the private sector for a clean energy future

Green Car Congress

As a result of a three-year project, researchers at the Harvard Kennedy School are recommending that the US federal government increase its annual investment in Energy Research, Development, Demonstration & Deployment (ERD3) to $10.0 billion, a 92% increase over the FY 2009 appropriations. —Policy Brief.

Energy 231
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Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

Green Car Congress

A continuing sharp decline in technology costs—particularly in solar but also in wind—meant that every dollar invested in renewable energy bought significantly more generating capacity in 2014. billion) and South Africa ($5.5 billion, a 10-year low; biomass and waste-to-energy dropping 10% to $8.4

2014 150