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Opinion: Saudis Planning For A War Of Attrition In Europe With Russia’s Oil Industry

Green Car Congress

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.

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The New Oil Cartel Threatening OPEC

Green Car Congress

When reports emerged that India and China are in talks about forming an oil buyers’ club , OPEC was probably too busy with its upcoming June 22 meeting to concern itself with that dangerous alliance. What’s more, they might not be alone in this attempt to curb OPEC’s clout on the global oil market. The timing is right. The boom in U.S.

Oil 170
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The New Oil Cartel Threatening OPEC

Green Car Congress

When reports emerged that India and China are in talks about forming an oil buyers’ club , OPEC was probably too busy with its upcoming June 22 meeting to concern itself with that dangerous alliance. What’s more, they might not be alone in this attempt to curb OPEC’s clout on the global oil market. The timing is right. The boom in U.S.

Oil 150
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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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Benchmark: Saudi Arabia is building an EV battery supply chain

Green Car Congress

Saudi Arabia’s ambitions for an EV supply chain are part of the diversification of the national economy away from oil, a project guided by the government’s Vision 2030 reform plan announced in 2016. Spodumene prices are currently around $3,650 a tonne, according to Benchmark’s Lithium Price Assessment. Earlier post.)

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Canada Pays $85 Billion Higher Social Carbon Price Than Oil & Gas Revenues

CleanTechnica EVs

Our children and their children and their children's children will be paying that price.

Price 85
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Study finds CO2 emissions trading more effective path to automotive CO2 reduction in Europe than tailpipe standards

Green Car Congress

They analyzed the impact of the mandates on oil demand, CO 2 emissions, and economic welfare, and compare the results to an emission trading scenario that achieves identical emissions reductions. Emissions trading or a carbon tax is going to achieve their emissions goals at the lowest possible cost to society. —Sergey Paltsev.

Standards 218