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Gas Prices Rising, But Not For The Reasons You May Think

Green Car Reports

Over the past week or so, we’ve seen the average price of gasoline hit $3.60 But while the Syrian uprising and political tensions between Iran and the West over its nuclear program are playing a small part in increasing the price you pay.

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Saudis Expand Price War Downstream

Green Car Congress

The undisputed king of oil and gas is making some moves that could change the face of the global refining sector. The gross refining margin is nothing but the difference between the value of the refined products and price of the crude oil. In case of Saudi Arabia, the price of crude oil would be extremely low. In fact, at $5.60

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MIT and IEA reports take different views of the future of natural gas in transportation

Green Car Congress

MIT and the IEA both have newly released reports exploring the potential for and impact of a major expansion in global usage of natural gas, given the current re-evaluation of global supplies. The IEA takes a more conventional approach, assessing the impact on the penetration of vehicles burning gas as their fuel. Earlier post.)

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Baker Institute: End of the ‘Big Oil giveaway’ is underway in the Persian Gulf

Green Car Congress

They have raised prices on transportation fuel; three have increased prices on electricity and water in citizens’ homes; and electricity and water subsidies for businesses have been reduced in five of the six monarchies, the brief noted. Across the Gulf, Iran has taken similar steps.

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Opinion: The Shale Delusion: Why The Party’s Over For US Tight Oil

Green Car Congress

Despite brash statements by US producers and misleading analysis by Raymond James, low oil prices are killing tight oil companies. Reports this week from IEA and EIA paint a bleak picture for oil prices as the world production surplus continues. the latest price rout could stop US growth in its tracks.”. Click to enlarge.

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Baker Institute: energy-subsidy reform can be achieved with proper preparation, outside pressure

Green Car Congress

The paper reviews the record of energy-subsidy reforms and argues that big exporters should reduce energy demand by raising prices, and that this can be done without undermining legitimacy of governments that depend on subsidies for political support. No government in the world wants to antagonize motorists or raise electricity prices.

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