Remove Exhaust Remove Fleet Remove Oil Prices Remove Price
article thumbnail

Opinion: Global Oil Supply More Fragile Than You Think

Green Car Congress

Many oil companies had trimmed their budgets heading into 2015 to deal with lower oil prices. But the collapse of prices in July—owing to the Iran nuclear deal, an ongoing production surplus, and economic and financial concerns in Greece and China—have darkened the mood. by Nick Cunningham of Oilprice.com.

Oil 150
article thumbnail

Navigant forecasts global medium- and heavy-duty alt powertrain sales to exceed 820K units in 2026

Green Car Congress

Whereas fuel cost used to be a major driver for fleet managers, the lowering of oil prices and the availability of low-cost natural gas has reduced this concern, Navigant notes. —“ Medium and Heavy Duty Vehicle Technologies ”.

Global 150
article thumbnail

IHS Markit: shippers, refiners scrambling to respond to IMO signals on low-sulfur fuel enforcement

Green Car Congress

The level of compliance by shippers has been widely viewed as the one of the greatest uncertainties surrounding the implementation of the IMO’s new marine fuel regulations, and the compliance level has a significant weighting on projections for refined fuel prices, spreads and margins during the IMO 2020 disruption period,IHS Markit said.

Fuel 170
article thumbnail

IHS Markit: 2020 low-sulfur requirements for marine bunker fuels causing scramble for refiners and shippers

Green Car Congress

Refiners will experience significant price impacts as they shift production to deliver more lower-sulfur fuels to the market and, at the same time, find a market for the higher-sulfur fuels they produce. IHS Markit expects an unprecedented light-heavy price spread during 2020 to 2021. —Kurt Barrow.

Mariner 150
article thumbnail

First reference installation of Opcon Waste Heat Recovery technology for ships; potential for 5–10% fuel savings

Green Car Congress

Considering today’s oil prices and the efforts being made by the IMO, for example with the coming International Energy Efficiency Certificate (IEE), we believe that this product really has come at exactly the right time. The entire merchant shipping fleet is estimated to account for 4-5% of global emissions of CO 2.

Waste 300
article thumbnail

Roland Berger E-Mobility Index finds government subsidies for and projected sales of xEVs declining worldwide

Green Car Congress

Extracting oil by fracking could stabilize the oil price over the next few years. The purchasing potential represented by early adopters is now being tapped by the current array of vehicle offerings for both private customers and institutional fleets. —Roland Berger Partner Thomas Schlick.

article thumbnail

Perspective: US Needs to Transition to Hydrous Ethanol as the Primary Renewable Transportation Fuel

Green Car Congress

The oil price shocks of the 1970s led the Brazilian government to address the strain high prices were placing on its fragile economy. Brazil, the largest and most populous country in South America, was importing 80% of its oil and 40% of its foreign exchange was used to pay for that imported oil.