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Is A Second OPEC Cut In The Cards?

Green Car Congress

OPEC’s coordinated effort to curtail global supply has so far managed to put a floor under oil prices, which have been sitting modestly above US$50 since the deal was announced at the end of November last year. Analysts and experts are now mostly predicting that oil prices will remain below US$60 this year.

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Junkyard Find: 1987 Chevrolet Sprint ER

The Truth About Cars

Even though memories of the gas lines and fuel rationing of 1979 were still vivid by 1987, oil prices crashed hard during the middle 1980s, hitting bottom in 1986. It appears that this engine was not legal for sale in high-altitude areas. Just $66 with gas priced at $1.16 The heart of the Sprint was a carbureted 1.0-liter

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Updated NETL study provides more detailed economic and environmental assessment of coal-to-liquids and CTL with modest biomass

Green Car Congress

The National Energy Technology Laboratory (NETL) has released a follow-on study to its 2009 evaluation of the economic and environmental performance of Coal-to-Liquids (CTL) and CTL with modest amounts of biomass mixed in (15% by weight) for the production of zero-sulfure diesel fuel. This equates to diesel prices in the range of $2.70

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Opinion: Is Russia Plotting To Bring Down OPEC?

Green Car Congress

Even a casual glance at the IMF’s World Economic Outlook statistics for Russia shows the tight correlation since 1992 between GDP growth on the one hand and oil and gas output, exports, and prices on the other (economic series available here ). percent of GDP in 2014. Natural gas data from Gazprom). billion respectively).

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SDTC awards Nsolv $13M to commercialize warm solvent technology for heavy oil extraction; 80% reduction in GHG emissions

Green Car Congress

Nsolv is in the process of finalizing a partnership with a major heavy oil producer to construct a commercial-scale facility. Nsolv technology performs well, even in today’s low oil price environment, as it is commercially viable at between 5,000 and 10,000 barrels per day. The technology.

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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.

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EPA announces 2011 Presidential Green Chemistry Challenge Awards; green chemistry market opportunity projected to be $98.5B by 2020, about 2% of total market

Green Car Congress

The company aims to transform the chemical industry through the cost-advantaged, smaller-footprint production of bio-based chemicals as direct replacements for major industrial chemicals that are currently petroleum-based in a trillion-dollar global market. Genomatica expects to begin commercial production of Bio-BDO in 2012.

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