Remove Gas Remove Global Remove Montana Remove Price
article thumbnail

Harvard Kennedy School researcher forecasts sharp increase in world oil production capacity and risk of price collapse

Green Car Congress

Oil production capacity is surging in the United States and several other countries at such a fast pace that global oil output capacity could grow by nearly 20% from the current 93 million barrels per day to 110.6 Such an increase in capacity could prompt a plunge or even a collapse in oil prices, he suggests. shale oil production.

Oil 261
article thumbnail

Exxon Mobil Acquiring XTO Energy in $41B Deal; Enhances US Position in Unconventional Natural Gas and Oil

Green Car Congress

The agreement, which is subject to XTO stockholder approval and regulatory clearance, will enhance ExxonMobil’s position in the development of unconventional natural gas and oil resources. XTO is a US producer engaged in the acquisition, exploitation and development of quality, long-lived oil and natural gas properties in the United States.

Oil 186
article thumbnail

Blue Marble Biomaterials launches first zero-waste chemical biorefinery

Green Car Congress

has launched the first zero-waste chemical biorefinery in the US in Missoula, Montana. The company has future plans to power its facilities using its own waste gas and pelletized solid waste in already on-site gasifiers. The feedstock flexibility can manifest as price stability for Blue Marble’s chemical customers, Ogilvie noted.

Waste 352
article thumbnail

3 Key EV Charging Infrastructure Issues that need to be Addressed

Clean Fleet Report

EV infrastructure is much less widespread than gas stations—and the number of EV chargers is only part of the problem. A 2023 global study of electric vehicle chargers showed the number would reach 45 million in 2027 —a significant jump from the 4.2 However, they are less excited about the possibility of finding charging points.

article thumbnail

kWh Billing and New EV Charging Tax Policies: What You Need to Know

Blink Charging

As both EV adoption increases and internal combustion engine vehicles have become more fuel efficient, states are seeking to offset lost revenue from the gas tax. million global public charging stations, with a 55% increase in 2021 alone. 6, supplemental or substitute forms of gas sources as defined in § 56-248.1,

Tax 52
article thumbnail

State Department issues Draft Supplemental Environmental Impact Statement on Keystone XL Pipeline: climate change impacts

Green Car Congress

The DOS SEIS accordingly takes a detailed look at life-cycle greenhouse gas emissions of petroleum products from Western Canadian Sedimentary Basin (WCSB) oil sands crudes compared with reference crudes and the potential impact the pipeline might have on climate change as well as on the future development of the oils sands resource in Canada.

article thumbnail

Linc Energy taking stake in aboveground gasification company; potential CTL introduction in US

Green Car Congress

Linc says the Pyromex process produces good quality syngas with almost no CO 2 gas emissions, and without the need for the consumption of high volumes of water or power. This royalty does not include any downstream profit exposure, such as may be achieved from gas-to-liquids production. —Peter Bond, Linc Energy CEO.

Coal 186