Green Car Congress

JANUARY 23, 2019

Some level of DUCs is normal, but the ballooning number of uncompleted wells has repeatedly fueled speculation that a sudden rush of new supply might come if companies shift those wells into production. The latest crash in oil prices once again raises this prospect. The calculus on completing wells can cut two ways.

Oil 236

Oil Oil Prices 2019 Price 236

Green Car Congress

MARCH 5, 2015

Those claiming that oil will continue to fall from here and remain low for evermore, however, are flying in the face of both history and common sense. The question we should be asking ourselves is not if oil prices will recover, but when they will. Supply alone, however, doesn’t determine price. That is a good thing.

Oil Prices 150

Oil Prices Oil Price Saudi Arabia 150

Green Car Congress

SEPTEMBER 10, 2014

Liquid fuels production (OPEC crude and lease condensate, non-OPEC crude and lease condensate, and other) and consumption (by OECD and non-OECD regions) under three price cases in 2040. IEO2014 projections of future liquids balances include two broad categories: crude and lease condensate and other liquid fuels. Source: EIA.

Asia 341

Asia Transportation Oil-Sands Oil Prices 341

Green Car Congress

SEPTEMBER 13, 2017

A number of factors are pushing Saudi Arabia to raise its crude-oil production capacity, but the wide range of potential outcomes suggests that such an increase is a risky strategy for the kingdom and the global environment, according to a new article by an expert from Rice University’s Baker Institute for Public Policy. m b/d thresh- old.

Saudi Arabia 150

Saudi Arabia Oil Production Climate 150

Green Car Congress

OCTOBER 7, 2021

Liquid fuels remain the largest source of energy consumption, driven largely by the industrial and transportation sectors. Oil and natural gas production will continue to grow, mainly to support increasing energy consumption in developing Asian economies. —Stephen Nalley.

Global 259

Global Energy Emissions Asia 259

Green Car Congress

JUNE 1, 2016

Total global oil production could decline for the next several years in a row as scarce new sources of supply come online. According to data from Rystad Energy, overall global oil output will fall this year as natural depletion overwhelms all new sources of supply. A sharp rise in oil prices would spur new investment and new drilling.

Oil 150

Oil Supplies Market Oil Prices 150

Green Car Congress

JANUARY 19, 2022

The International Council on Clean Transportation (ICCT) has released a report prepared by the consultancy Cerulogy that explores the potential market and environmental impacts of increased capacity for renewable diesel produced by hydrotreating oils and fats in the US. —from the report, “Animal, vegetable or mineral (oil)?”.

Renewable 243

Renewable Diesel Production Oil 243

Green Car Congress

NOVEMBER 13, 2013

China is about to become the largest oil-importing country and India becomes the largest importer of coal by the early 2020s. The US moves steadily towards meeting all of its energy needs from domestic resources by 2035. Oil use grows, but in a narrowing set of markets. Mobility and oil. —WEO-2013. Source: IEA.

Oil 275

Oil 2013 Energy Emissions 275

Green Car Congress

SEPTEMBER 20, 2011

Unconventional liquids become increasingly important in the total supply of liquid fuels, according to IEO2011. World oil prices remain high in the IEO2011 Reference case, but oil consumption continues to grow; both conventional and unconventional liquid supplies are used to meet rising demand. Click to enlarge.

Oil-Sands 220

Oil-Sands Oil 2008 Oil Prices 220

Green Car Congress

FEBRUARY 8, 2018

Removing fossil fuel subsidies would have only a small effect on CO 2 emissions and renewable energy use, according to a new study led by the International Institute for Applied Systems Analysis (IIASA) and published in the journal Nature. First, these subsidies generally apply only to oil, gas, and electricity. This equates to 0.5-2

Emissions 186

Emissions Fuel CO2 Oil 186

Green Car Congress

APRIL 13, 2012

The ratio between the spot prices of crude oil and natural gas has been generally increasing since January 2009, but it has climbed rapidly in recent months, according to data from the US Energy Information Administration (EIA). The crude oil-to-natural gas spot price ratio has implications for production and consumption.

Oil 255

Oil Gas Price Oil Prices 255

Green Car Congress

NOVEMBER 10, 2015

Oil and gas companies have had a tough time over the past year trying to weather the storm of falling oil prices. Drilling oil and gas wells requires a lot of money. For companies that have seen their revenues vanish because of collapsing oil prices, access to credit is obviously critically important.

Oil 150

Oil Climate Gas Industrial 150

Green Car Congress

JULY 25, 2013

World energy consumption by fuel type, 2010-2040. However, fossil fuels continue to supply nearly 80% of world energy use through 2040. Natural gas is the fastest-growing fossil fuel, as global supplies of tight gas, shale gas, and coalbed methane increase. Liquid fuels. Source: IEO2013. Click to enlarge.

2010 317

2010 Transportation Fuel Energy 317

Green Car Congress

AUGUST 13, 2015

In the last quarter of 2014, in the face of possible oversupply, Saudi Arabia abandoned its traditional role as the global oil market’s swing producer and therefore it role as unofficial guarantor of existing ($100+ per barrel) prices. Prices rebounded to $60 for a few months, before falling once again below $50.

Saudi Arabia 150

Saudi Arabia Oil Iraq Iran 150

Green Car Congress

JULY 18, 2020

The researchers conclude that their results imply that government intervention does impact the infection rate, which thereby impacts mobility and fuel demand. However, few studies have quantified and forecast the oil demands under multiple pandemic scenarios, and this research is desperately needed.

Gasoline 505

Gasoline Motors Motoring Motor 505

Green Car Congress

DECEMBER 13, 2017

GE Aviation has begun jet engine combustor component testing with 100% Gevo renewable alcohol-to-jet fuel (ATJ). Specifically, this testing is designed to enable the greater displacement of petroleum-based jet fuel by bio-based alternative products.

Fuel 170

Fuel Oil Prices Oil Emissions 170

Green Car Congress

DECEMBER 16, 2013

The rising fuel economy of LDVs more than offsets the modest growth in VMT, resulting in a 25% decline in LDV energy consumption decline between 2012 and 2040 in the AEO2014 Reference case. This is, however, less than the 13% share projected in AEO2013 because of the lower prices of competing fuels in AEO2014. per year, from 21.5

Oil 290

Oil Light Energy Vehicles 290

Green Car Congress

JULY 2, 2013

In contrast to arguments that peak conventional oil production is imminent due to physical resource scarcity, a team from Stanford University and UC Santa Cruz has examined the alternative possibility of reduced oil use due to improved efficiency and oil substitution. —Brandt et al.

Oil 207

Oil Oil-Sands Fuel Economy Transportation 207

Green Car Congress

JULY 26, 2013

The price disparity between crude oil and other resources, coupled with the emergence of cheap and abundant shale gas, especially in the United States, is opening up opportunities to produce cheaper gasoline, according to a new report from Lux Research. Among their findings: Methanol-to-gasoline is the cheapest option.

Waste 236

Waste Gasoline Gas Fuel 236

Green Car Congress

JULY 7, 2012

The Nikkei reports that the nationwide average price in Japan for regular gasoline was ¥139.8 per gallon US) as of Monday, dropping for the 13 th straight week to a 16-month low, according to the Agency for Natural Resources and Energy. per liter ($6.65

Japan 258

Japan Gasoline Fuel Gasoline-Electric 258

Green Car Congress

OCTOBER 9, 2017

ChemCatBio , a consortium within the US Department of Energy, awarded funding to LANL in support of the project as one of 9 projects to accelerate the development of catalysts and related technologies for the commercialization of biomass-derived fuels and chemicals.

Renewable 150

Renewable Energy Fuel Minnesota 150

Green Car Congress

JUNE 20, 2012

From a cost perspective, the potential of alternative fuels is of limited, if any value, according to the lead report written by James Bartis, a RAND senior policy researcher. While DoD and the services will have access to the wholesale fuel supplies they require, the purchase price may be uncomfortably high. Earlier post.).

Price 225

Price Oil-Sands Turkey Fuel 225

Green Car Congress

APRIL 14, 2015

The Annual Energy Outlook 2015 (AEO2015) released today by the US Energy Information Administration (EIA) projects that US energy imports and exports will come into balance—a first since the 1950s—because of continued oil and natural gas production growth and slow growth in energy demand. Tcf in the High Oil and Gas Resource case.

2020 150

2020 Energy Transportation Oil Prices 150

Green Car Congress

NOVEMBER 13, 2011

Change in primary oil demand by sector and region in the central New Policies Scenario, 2010-2035. Under the WEO 2011 central scenario, oil demand rises from 87 million barrels per day (mb/d) in 2010 to 99 mb/d in 2035, with all the net growth coming from the transport sector in emerging economies. Click to enlarge. billion in 2035.

Oil 247

Oil Transportation Cheap Fleet 247

Green Car Congress

OCTOBER 16, 2011

Uncertainty range of the aviation GHG emissions under the High Oil price scenario (the most optimistic for biojet adoption), given in a box plot depicting the minimum, quartile, and maximum values. This, along with the requirement to meet aviation fuel density specifications, requires that biojet be blended with petrojet.

Emissions 225

Emissions Oil Prices 2005 Fuel 225

Green Car Congress

DECEMBER 19, 2010

Ceres recently released a new report concluding that coal-to-liquid (CTL) and oil shale technologies face significant environmental and financial obstacles—from water constraints, to technological uncertainties to regulatory and market risks—that pose substantial financial risks for investors involved in such projects.

Coal 210

Coal Oil Water Oil Prices 210

Green Car Congress

MAY 30, 2019

ExxonMobil expects to increase annual earnings potential by more than 140% and double potential annual cash flow from operations by 2025 from 2017 adjusted earnings, assuming a 2017 oil price of $60 per barrel adjusted for inflation and based on 2017 margins. billion barrels of discovered recoverable resource.

Papua New Guinea 191

Papua New Guinea Emissions Carbon Guyana 191

Green Car Congress

DECEMBER 16, 2009

Perspective by Deron Lovaas, Federal Transportation Policy Director, Natural Resources Defense Council. Oil is a strategic commodity second to none—it underlies the global economy and even the American way of life. Volatility hurts us too, for as we’ve learned the price of oil can rise sharply in a short period of time.

Oil 255

Oil Transportation Congress Fuel Economy 255

Green Car Congress

JANUARY 23, 2012

EIA’s AEO2012 projects a continued decline in US imports of liquid fuels due to increased production of gas liquids and biofuels and greater fuel efficiency. Net petroleum imports as a share of total US liquid fuels consumed drop from 49% in 2010 to 38% in 2020 and 36% in 2035 in AEO2012. Source: EIA. Click to enlarge.

Oil 210

Oil 2005 Production 2010 210

Green Car Congress

MARCH 14, 2011

Current high prices of food, oil and many other resources are indications of increasing scarcity. Global Resource Scarcities and Policies in the European Union and the Netherlands”, examines scarcity using a framework comprising three dimensions: physical, economic and political. Source: PBL. Click to enlarge.

Market 186

Market Netherlands Price Oil 186

Green Car Congress

NOVEMBER 9, 2010

At the current pace of research and development, replacing gasoline and diesel with renewable fuel alternatives could take some 131 years, according to a new University of California, Davis, study using a new sustainability forecasting approach based on market expectations. The forecast was published online 8 Nov.

Davis 300

Davis Renewable Gasoline Market 300

Green Car Congress

DECEMBER 17, 2010

The Annual Energy Outlook 2011 (AEO2011) Reference case released yesterday by the US Energy Information Administration (EIA) more than doubles the technically recoverable US shale gas resources assumed in AEO2010 and added new shale oil resources. Unconventional vehicle sales. Source: EIA. Click to enlarge.

Gas 199

Gas 2011 Price Energy 199

Green Car Congress

FEBRUARY 23, 2017

Now, a study commissioned by the US Energy Information Administration (EIA) from eia.gov (a global provider of analysis on energy and commodities), finds that since the early 2000s, China’s consumption of methanol in fuel products has risen sharply. The report estimates consumption to have been more than 500,000 barrels per day (b/d) in 2016.

2000 150

2000 2016 Fuel China 150

Green Car Congress

JANUARY 6, 2014

The Sandia researchers showed that the key to meeting the RFS2 targets is the fuel price differential between E85 fuel and conventional gasoline (low ethanol blends), so that E85 owners refuel with E85 whenever possible. The model has four sub-components: vehicle, fuel production, electricity grid; and energy supply.

Oil Prices 246

Oil Prices Gasoline-Electric Gasoline Oil 246

Green Car Congress

APRIL 10, 2009

A new study by the French institute Enerdata, commissioned by the European Federation for Transport & Environment (T&E), suggests that the European CO 2 standards for new vehicles due to come into effect in 2012 will lead not only to a European savings on oil (mainly via lower oil import volumes) but also to slightly lower global oil prices.

Oil 150

Oil Standards Price Oil Prices 150

Green Car Congress

DECEMBER 5, 2012

Further, the fossil fuel share of primary energy consumption falls from 82% in 2011 to 78% in 2040 as consumption of petroleum-based liquid fuels falls, largely because of the incorporation of new fuel efficiency standards for light-duty vehicles. Domestic oil production will rise to 7.5 Overall findings.

Fuel 225

Fuel Energy Sale 2013 225

Green Car Congress

MAY 22, 2013

The results of the study, which was conducted as part of the Queensland Sustainable Aviation Fuel Initiative , were presented at the Boeing-hosted Aero Environment Summit in Sydney. Pongamia pinnata is a legume tree which produces a seed rich in oil.) Pongamia pinnata is a legume tree which produces a seed rich in oil.)

Renewable 186

Renewable Fuel Australia Oil 186