Gas, Oil Prices, Resource and Water

IHS Markit: conventional oil & gas discoveries at lowest levels in 70 years; major rebound unlikely

Green Car Congress

OCTOBER 2, 2019

Conventional oil and gas discoveries during the past three years are at the lowest levels in seven decades and a significant rebound is not expected, according to a new report by global business information provider IHS Markit. —Keith King, senior advisor at IHS Markit and a lead author of the IHS Markit E&P trends analysis.

Oil

Oil Gas Oil Prices Water

Opinion: Consumers winning with low oil prices, for now

Green Car Congress

MARCH 13, 2015

Lest we be too quick to forget whence we came, America is now 9-months into lower gasoline prices, which started their swoon the week of June 30, 2015 from a lofty national average just under $3.70, tumbling almost every subsequent week before bottoming and bouncing from $2.02 the end of January, according to gasbuddy.com.

Oil Prices

Oil Prices Oil Price Dallas

US offshore oil and gas leasing plan for 2017-2022 focuses on Gulf of Mexico, excludes Arctic

Green Car Congress

NOVEMBER 19, 2016

The Proposed Final Program makes available areas containing approximately 70% of the economically recoverable resources in the OCS. The plan focuses lease sales in the best places – those with the highest resource potential, lowest conflict, and established infrastructure – and removes regions that are simply not right to lease.

Mexico

Mexico 2017 Oil Gas

IHS Markit: US oil producers to halt 1.75 MMb/d per day of production; Canada to cut 0.5 MMb/d

Green Car Congress

MAY 22, 2020

Due to the collapse in oil prices, IHS Markit expects US producers are in the process of curtailing about 1.75 The oil market fear that characterized March and the extreme price pressure that producers felt in April have galvanized producers across North America into unprecedented action. However, nearly 1.4

Oil

Oil Canada Oil-Sands Production

BP approves revamped $9B Mad Dog Phase 2 project in the deepwater Gulf of Mexico; down from original $20B cost

Green Car Congress

DECEMBER 4, 2016

BP has sanctioned the $9-billion Mad Dog Phase 2 project in the United States, despite the current low oil price environment. Today, the leaner $9-billion project, which also includes capacity for water injection, is projected to be profitable at or below current oil prices. Earlier post.).

Mexico

Mexico Chevron Oil Oil Prices

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

Green Car Congress

JUNE 27, 2012

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.

Oil

Oil Oil-Sands Price Production

KPMG study identifies 10 sustainability “megaforces” with accelerating impacts on business; imperative of sustainability changing the automotive business radically

Green Car Congress

FEBRUARY 15, 2012

The KPMG study, “Expect the Unexpected: Building Business Value in a Changing World”, explores issues such as climate change, energy and fuel volatility, water availability and cost and resource availability, as well as population growth spawning new urban centers. Global food prices are predicted to rise 70 to 90 percent by 2030.

Climate Change

Climate Change Water Climate Global

When Will Russia Run Out Of Oil?

Green Car Congress

APRIL 6, 2017

Russia’s exploration activities, which were hit not only by plummeting oil prices but also by a targeted sanctions regime, suffered a double blow during this period. In 2016, oil and gas companies in Russia discovered 40 prospective fields , however, the 3P reserves of the largest among them, Rosneft’s Nertsetinskoye, amounted to 17.4

Russia

Russia Oil 2016 Oil Prices

IEA WEO-2012 finds major shift in global energy balance but not onto a more sustainable path; identifies potential for transformative shift in global energy efficiency

Green Car Congress

NOVEMBER 12, 2012

The WEO finds that the extraordinary growth in oil and natural gas output in the United States will mean a sea-change in global energy flows. In the New Policies Scenario, the WEO ’s central scenario, the United States becomes a net exporter of natural gas by 2020 and is almost self-sufficient in energy, in net terms, by 2035.

Global

Global 2012 Energy Oil

EIA: China’s use of methanol in liquid fuels has grown rapidly since 2000; >500K bpd in 2016

Green Car Congress

FEBRUARY 23, 2017

EIA research indicated that part of the reason for the underestimation of transportation sector consumption of liquid fuels stemmed from the use of methanol and its derivatives that were increasingly added into China’s gasoline and liquefied petroleum gas (LPG) streams. Methanol in China.

2000

2000 2016 Fuel China

Report finds Coal-to-Liquids and Oil Shale pose significant financial and environmental risks to investors

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

Coal Oil Water Oil Prices

Forecast: Algae-Based Biofuels Production to Reach 61M Gallons per Year by 2020

Green Car Congress

OCTOBER 27, 2010

The European Union (EU) market, which is home to about 30% of algae activity, will be limited initially by the industry’s focus on university research, and later by insufficient access to water, land, and nutrient sources. Ultimately, algae potential is greatest in regions where there is an abundance of land, water, and sunlight.

2020

2020 Production Water Oil Prices

Opinion: Is Russia Plotting To Bring Down OPEC?

Green Car Congress

OCTOBER 6, 2015

Putin has highlighted on various occasions the contribution Russia’s mineral wealth, in particular oil and natural gas, must make for Russia to be able to sustain economic growth, promote industrial development, catch up with the developed economies, and modernize Russia’s military and military industry. percent of GDP in 2014.

Russia

Russia Saudi Arabia Iran Iraq

Chevron leveraging information technology to optimize thermal production of heavy oil with increased recovery and reduced costs

Green Car Congress

JUNE 23, 2011

Chevron’s focus on optimizing the thermal management of the Kern River field has resulted in a steady drop in the steam:oil ratio (barrels steam water per barrel oil), resulting in improved economics of the field even with slowly declining production. Worldwide heavy oil reserves by country. Data: California DOGGR.

Chevron

Chevron Oil Oil-Sands Production

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

Green Car Congress

MAY 15, 2012

Performance in the study is measured by such metrics as: (1) required selling price of the fuel; (2) crude oil price when the process will become economically viable; (3) the Well-to-Wheels (WTW) life cycle GHG emissions profile of the diesel fuel; and (4) the water usage associated with the facility.

Coal

Coal Diesel Oil Prices Water

Increase in US rig count will not cap oil prices

Green Car Congress

JUNE 23, 2016

The impact of rising oil prices on North American light tight oil (LTO) production is said to be a “Catch 22”, the title of Joseph Heller’s popular 1961 novel set in WWII. Too many analysts continue to believe drilling and service has the same problem with rising oil prices. by David Yager for Oilprice.com.

Oil Prices

Oil Prices Oil Price Oil-Sands

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

Green Car Congress

AUGUST 30, 2009

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. by Brian J.

Transportation

Transportation Fuel Renewable Gasoline-Electric

Study Finds Integrated Biorefinery Processes Could Be Highly Competitive With Petroleum Fuels on Efficiency and Costs, While Offering Substantial Reductions in Greenhouse Gas Emissions

Green Car Congress

MARCH 8, 2009

integrating biological and thermochemical processing to produce biofuels and/or power could offer similar, if not lower, efficiencies and costs and very large reductions in greenhouse gas emissions compared to petroleum-derived fuel, according to a comparative analysis of 14 mature technology biomass refining scenarios. Lynd et al.

Emissions

Emissions Gas Fuel 2009

Syngas Engages Rentech and GE for Clinton Coal and Biomass to Liquids Project in Australia

Green Car Congress

NOVEMBER 25, 2009

Gas Conditioning. Projected output of the Clinton Project is a maximum 13,000 barrels of diesel per day (15,800 barrels of oil equivalent per day or 5.3 Projected output of the Clinton Project is a maximum 13,000 barrels of diesel per day (15,800 barrels of oil equivalent per day or 5.3

Coal

Coal Australia Diesel Oil Prices

AECOM study finds EV adoption in Victoria can offer significant economic benefits by late 2020s; PHEVs initially lead uptake

Green Car Congress

JULY 12, 2011

the potential implications of electric vehicles for electricity consumption, management of electricity demand, greenhouse gas emissions and air pollutant emissions. The analysis is based on central forecasts of oil price, electricity. However, as EV and PHEV prices gradually reach. This is primarily due to.

PHEV

PHEV Oil Prices Australia Price

GAO Report Concludes Industry and Government Face Significant Challenges in Meeting RFS Target While Minimizing Unintended Adverse Effects; Suggests Federal Research Give Priority to Non-Ethanol Biofuels

Green Car Congress

OCTOBER 5, 2009

The GAO report examined, among other things, (1) the effects of increased biofuels production on US agriculture, environment, and greenhouse gas emissions; (2) federal support for domestic biofuels production; and (3) key challenges in meeting the RFS. However, future movement toward cellulosic feedstocks could reduce some of these effects.

Tax Credit

Tax Credit Industrial Industry Tax

Stanford, UC Santa Cruz study explores ramifications of demand-driven peak to conventional oil

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.

Oil

Oil Oil-Sands Fuel Economy Transportation

National Research Council report finds it unlikely the US will meet cellulosic biofuel mandates absent major innovation or a change in policies

Green Car Congress

OCTOBER 4, 2011

Additionally, policy uncertainties and high costs of production may deter investors from aggressive deployment, even though the government guarantees a market for cellulosic biofuels up to the level of the consumption mandate, regardless of price, the report says. Greenhouse gas emissions. Barriers and opportunities.

Renewable

Renewable Tax Credit Conversion Standards

Sandia Labs/GM Biofuels Systems Study Concludes Large-Scale Production of Advanced Biofuels is Achievable and Sustainable

Green Car Congress

FEBRUARY 10, 2009

Sandia’s analysis included land use, water availability, energy used to produce cellulosic biomass, transportation of feedstocks and other potential leverage points for the development and use of cellulosic biofuels. Sensitivity analyses were conducted to determine key parameters affecting production volumes, cost, and greenhouse gas savings.

GM

GM Production Conversion Oil Prices

Accenture Reports Identifies 12 Disruptive Technologies Most Likely to Transform Supply and Demand of Transport Fuels and Cut Emissions Within Next 10 Years

Green Car Congress

NOVEMBER 10, 2009

Accenture defined disruptive fuel technologies as those that: Reduce hydrocarbon fuel demand by more than 20% by 2030; Save greenhouse gas emissions (GHG) by more than 30% relative to the hydrocarbons they replace; Will be commercial in less than five years; and. Will be competitive at an oil price of $45 to $90 at their commercial date.

Transportation

Transportation Supplies Emissions Fuel

IRENA report finds renewable power costs at parity or below fossil fuels in many parts of world

Green Car Congress

JANUARY 17, 2015

The report, “ Renewable Power Generation Costs in 2014 ”, concludes that biomass, hydropower, geothermal and onshore wind are all competitive with or cheaper than coal, oil and gas-fired power stations, even without financial support and despite falling oil prices. Source: IRENA. Click to enlarge.

Renewable

Renewable Parts Power Powered

NETL Report Concludes CTL Plus Carbon Capture Results in Fuel with 5-12% Less Lifecycle GHG Than Petroleum Diesel; Modest Biomass Additions Lower GHG Further

Green Car Congress

FEBRUARY 7, 2009

Background colors of the cells represent the crude oil price required for economic feasibility. These synthetic fuels are economically competitive with petro-diesel when the crude oil price (COP) is at or above $86 per barrel (based on a 20% rate of return, in January 2008 dollars, with a carbon price of zero).

Carbon

Carbon Diesel Fuel Coal

Biosyncrude Gasification Process Could Produce Motor Fuel at Cost of Around $3/gallon

Green Car Congress

JANUARY 31, 2009

A crude oil price of US$100/bbl results in an approximate cost of €0.56/L The reaction chamber is enclosed by a membrane wall, cooled with pressurized water and can accommodate feed with much ash. With ±30% estimate error, this is between €0.56 per liter (US$2.72-5.03/gallon gallon US) without tax for conventional motor fuel.

Cost Of

Cost Of Motor Motors Motoring

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

Green Car Congress

MARCH 2, 2013

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.

Climate Change

Climate Change Oil-Sands Nebraska Climate

PNAS study finds Vertimass CADO efficient way to convert ethanol to biohydrocarbons; 40 to 96% reduction in GHGs, based on feedstock

Green Car Congress

NOVEMBER 27, 2019

Block flow diagram illustrating (top) water removal from wet ethanol vapor above the feed tray to produce pure fuel grade ethanol or (bottom) CADO of the same wet ethanol to fungible blendstocks. Vertimass originally licensed the technology from Oak Ridge National Laboratory (ORNL) in 2014. Earlier post.). HE = heat exchangers. Hannon et al.

Convert

Convert Conversion Water Juice

Researchers show mixotrophic fermentation process improves carbon conversion, boosting yields and reducing CO2

Green Car Congress

OCTOBER 3, 2016

The production costs for most chemicals via microbial fermentation are currently high compared to oil-derived products primarily because of operating costs associated with feedstock and feedstock processing. They can take carbon dioxide and hydrogen gas and turn them into chemicals such as acetone, butanol or ethanol. Jones, Alan G.

Conversion

Conversion Carbon CO2 Oil Prices

The Game-Changing Water Revolution: Interview with Stanley Weiner

Green Car Congress

APRIL 15, 2015

Globally, water demand is threatening to dangerously outpace supply, while in the US, dry states such as Texas and California are suffering from shortages and the future forebodes more suffering. For the North American shale boom, the lack of water is suffocating. How we can turn toilet water into tap water.

Water

Water Oil Texas Gas

Startup Siluria Technologies developing novel bio-templated catalysts for economic direct conversion of methane to ethylene; potential for transportation fuels

Green Car Congress

MARCH 7, 2011

It’s a robust technology, but you have to pay the oil price, and if you have to burn an awful lot of heat in order to enable that endothermic chemistry, if you were to care about the energy footprint of this, it’s the three pounds of CO 2 produced to make one pound of polyethylene. ” —Alex Tkachenko.

Conversion

Conversion Transportation Fuel Carbon

RAND study concludes use of alternative fuels by US military would convey no direct military benefit; recommends energy efficiency instead

Green Car Congress

JANUARY 25, 2011

If the US military increases its use of alternative jet and naval fuels that can be produced from coal or various renewable resources, including seed oils, waste oils and algae, there will be no direct benefit to the nation’s armed forces, according to a new RAND Corporation study. ” —James Bartis, lead author.

Alternative Fuels

Alternative Fuels Fuel Energy Coal

Cleantech Blog: Smart Grids and Electric Vehicles

Tony Karrer Delicious EVdriven

APRIL 16, 2009

Find investors, resumes, and free research Get Cleantech Blog in your email Enter your email address: Subscribe in a reader Join us on Linked In Follow us on Twitter Join us on Facebook GHGBlog.com - The Greenhouse Gas Blog Loading. A Perfect Storm for Water Counting Calories and Counting Carbon: The Role of. SZ (1) 6753.T SZ (1) 6753.T

Grid

Grid Electric Vehicles Vehicles Oil-Sands

Gas War: U.S. Oil Companies Accused of Price Fixing With OPEC, Increasing Inflation

The Truth About Cars

MAY 7, 2024

shale oil firms purposefully colluded with the government of Saudi Arabia to fix oil prices between 2021 and 2023. From BIG : Yesterday, the Federal Trade Commission released evidence confirming that collusion played a serious role in hiking oil prices at that time.

Oil

Oil Price Companies Saudi Arabia

EV Driven

IHS Markit: conventional oil & gas discoveries at lowest levels in 70 years; major rebound unlikely

Opinion: Consumers winning with low oil prices, for now

US offshore oil and gas leasing plan for 2017-2022 focuses on Gulf of Mexico, excludes Arctic

IHS Markit: US oil producers to halt 1.75 MMb/d per day of production; Canada to cut 0.5 MMb/d

BP approves revamped $9B Mad Dog Phase 2 project in the deepwater Gulf of Mexico; down from original $20B cost

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

KPMG study identifies 10 sustainability “megaforces” with accelerating impacts on business; imperative of sustainability changing the automotive business radically

When Will Russia Run Out Of Oil?

IEA WEO-2012 finds major shift in global energy balance but not onto a more sustainable path; identifies potential for transformative shift in global energy efficiency

EIA: China’s use of methanol in liquid fuels has grown rapidly since 2000; >500K bpd in 2016

Report finds Coal-to-Liquids and Oil Shale pose significant financial and environmental risks to investors

Forecast: Algae-Based Biofuels Production to Reach 61M Gallons per Year by 2020

Opinion: Is Russia Plotting To Bring Down OPEC?

Chevron leveraging information technology to optimize thermal production of heavy oil with increased recovery and reduced costs

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

Increase in US rig count will not cap oil prices

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

Study Finds Integrated Biorefinery Processes Could Be Highly Competitive With Petroleum Fuels on Efficiency and Costs, While Offering Substantial Reductions in Greenhouse Gas Emissions

Syngas Engages Rentech and GE for Clinton Coal and Biomass to Liquids Project in Australia

AECOM study finds EV adoption in Victoria can offer significant economic benefits by late 2020s; PHEVs initially lead uptake

GAO Report Concludes Industry and Government Face Significant Challenges in Meeting RFS Target While Minimizing Unintended Adverse Effects; Suggests Federal Research Give Priority to Non-Ethanol Biofuels

Stanford, UC Santa Cruz study explores ramifications of demand-driven peak to conventional oil

National Research Council report finds it unlikely the US will meet cellulosic biofuel mandates absent major innovation or a change in policies

Sandia Labs/GM Biofuels Systems Study Concludes Large-Scale Production of Advanced Biofuels is Achievable and Sustainable

Accenture Reports Identifies 12 Disruptive Technologies Most Likely to Transform Supply and Demand of Transport Fuels and Cut Emissions Within Next 10 Years

IRENA report finds renewable power costs at parity or below fossil fuels in many parts of world

NETL Report Concludes CTL Plus Carbon Capture Results in Fuel with 5-12% Less Lifecycle GHG Than Petroleum Diesel; Modest Biomass Additions Lower GHG Further

Biosyncrude Gasification Process Could Produce Motor Fuel at Cost of Around $3/gallon

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

PNAS study finds Vertimass CADO efficient way to convert ethanol to biohydrocarbons; 40 to 96% reduction in GHGs, based on feedstock

Researchers show mixotrophic fermentation process improves carbon conversion, boosting yields and reducing CO2

The Game-Changing Water Revolution: Interview with Stanley Weiner

Startup Siluria Technologies developing novel bio-templated catalysts for economic direct conversion of methane to ethylene; potential for transportation fuels

RAND study concludes use of alternative fuels by US military would convey no direct military benefit; recommends energy efficiency instead

Cleantech Blog: Smart Grids and Electric Vehicles

Gas War: U.S. Oil Companies Accused of Price Fixing With OPEC, Increasing Inflation

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