CleanTechnica EVs
MARCH 22, 2022
As Ukraine weathers a continued Russian invasion, sanctions are causing high oil prices, resulting in high gas costs at the pump for consumers. According to Oil Price.com, the event has many wondering if high gas prices could further accelerate Tesla’s rising stock prices and the overall adoption of electric vehicles.
Green Car Congress
MARCH 24, 2016
Oil prices have climbed by about 50 percent from their February lows, topping $40 per barrel. But the rally could be reaching its limits, at least temporarily, as persistent oversupply and the prospect of new shale production caps any potential price increase. That has sparked a renewed sense of optimism among oil traders.
Green Car Congress
APRIL 24, 2015
Even as financial commentators on CNBC are starting to come around to the idea of a bottom in oil prices, the key question for US oil producers remains one of timing. How long will the oil price slump last? Is this a relatively short term event like 2008, or a longer term slump like the one in the mid 1980’s?
Green Car Congress
MAY 22, 2020
Due to the collapse in oil prices, IHS Markit expects US producers are in the process of curtailing about 1.75 This resumption of production may accelerate if WTI remains above $30 per barrel—a price that allows operators to cover their operating costs and that reflects improved storage availability. However, nearly 1.4
Green Energy Consumers
MAY 23, 2022
Although Spring is in the air and we have so many current events of great importance, there’s reason to think about how difficult next winter will be for heating oil consumers. But this blog is about the heating oil market as it would affect consumers in Massachusetts, Rhode Island, and the rest of New England.
Green Car Congress
APRIL 2, 2017
Notwithstanding that oil demand has increased for over 150 years, it will eventually stop increasing. If oil demand were to reach an actual peak, then the top might be easier to predict. High prices persisted long enough for the industry in the U.S. by Dwayne Purvis for Oilprice.com. The backbone of shale supply in the U.S.
Green Car Congress
NOVEMBER 21, 2014
As November draws to a close, there are two major events that could profoundly change the oil markets. We’re very keen to try to get to a deal, but not a deal at any price,” UK Foreign Secretary Philip Hammond said on November 17. Iran’s oil exports have more than halved from their pre-sanctions level of about 2.5
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