Green Car Congress

DECEMBER 10, 2015

With OPEC breaking down and any kind of coordination among its members on price cuts looking increasingly unlikely, it now appears that oil prices could remain below $50 a barrel for a year or more. billion barrels of oil and 18.8 Mcf of natural gas. by Michael McDonald of Oilprice.com.

Oil Prices 150

Oil Prices Oil Price 2002 150

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 150

Oil Prices Oil Price Dallas 150

Green Car Congress

APRIL 15, 2017

This year, shale output forecasts combine with OPEC’s production cuts, geopolitical factors, and unexpected outages to further complicate supply/demand and oil price forecasts by Wall Street’s major investment banks. shale production, new oil discoveries, and new project start-ups also differ a lot. shale output.

Oil 150

Oil Supplies Oil Prices 2017 150

Green Car Congress

JANUARY 11, 2023

Despite efforts to continue stimulating the US economy in the wake of the pandemic, high inflation put a damper on economic growth, which was exacerbated by a spike in oil prices as a result of Russia’s invasion of Ukraine. Consequently, the US economy grew 1.9% in 2022, down from a 5.7% GDP increase in 2021.

Emissions 273

Emissions Oil Prices 2005 Coal 273

Green Car Congress

DECEMBER 30, 2015

OPEC says that $10 trillion worth of investment will need to flow into oil and gas through 2040 in order to meet the world’s energy needs. The OPEC published its World Oil Outlook 2015 (WOO) in late December, which struck a much more pessimistic note on the state of oil markets than in the past.

Oil Prices 150

Oil Prices Oil Price Climate Change 150

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. There is no doubt that supply has increased.

Oil Prices 150

Oil Prices Oil Price Saudi Arabia 150

Green Car Congress

AUGUST 7, 2015

Many oil companies had trimmed their budgets heading into 2015 to deal with lower oil prices. But the collapse of prices in July—owing to the Iran nuclear deal, an ongoing production surplus, and economic and financial concerns in Greece and China—have darkened the mood. by Nick Cunningham of Oilprice.com.

Oil 150

Oil Saudi Arabia Supplies Oil Prices 150

Green Car Congress

AUGUST 9, 2016

The US electric power sector burned through a record amount of natural gas in recent weeks, a sign of the shifting power generation mix and also a signal that natural gas supplies could get tighter than many analysts had previously expected. Natural gas consumption patterns are much more seasonal than for oil.

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Gas Price Gas-Electric Oil 150

Green Car Congress

SEPTEMBER 7, 2012

Oxford Catalysts Group PLC has been selected to supply Calumet Specialty Product Partners, L.P. with a commercial, 1,000 barrel-per-day (bpd) Gas-to-Liquids (GTL) plant to be located at its Karns City, Pennsylvania facility. —Roy Lipski, CEO of Oxford Catalysts Group.

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Supplies Commercial North America Pennsylvania 225

Green Car Congress

OCTOBER 6, 2016

Alfredo Altavilla (Chief Operating Officer of FCA EMEA Region), Pierre Lahutte (IVECO Brand President) and Marco Alverà (Chief Executive Officer of Snam), signed a Memorandum of Understanding (MoU) aimed at fostering the development of natural gas as a fuel for road vehicles. This will result in a direct benefit of €1.5 billion (US$1.7

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Gas Fuel Italy Vehicles 199

Green Car Congress

DECEMBER 28, 2015

In its new Natural Gas Vehicles report, Navigant Research forecasts that global annual NGV sales—light-, medium- and heavy-duty—will grow 62.5% Various regional factors affect the markets for natural gas vehicles (NGVs), Navigant observes. million vehicles in 2015 to 3.9 million in 2025. million, accounting for 2.6%

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2015 Gas Global North America 150

Green Car Congress

JULY 21, 2015

The Red Rock process begins with the gasification of woody biomass to produce synthesis gas, which is then is cleaned and sent to a Fischer-Tropsch unit where it is converted to liquid hydrocarbons. Red Rock’s gas-to-liquids technology partner is Velocys.

Renewable 150

Renewable Supplies Fuel Oil Prices 150

Green Car Congress

SEPTEMBER 25, 2011

UK-based market analyst visiongain projects that global spending in 2011 on advanced oil & gas exploration technologies will total $10.17 visiongain’s Advanced Oil & Gas Exploration Technologies Market 2011-2021 report analyses the development of this market over the next ten years.

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2011 Oil Global Gas 199

Green Car Congress

JANUARY 23, 2019

That leaves a rather large backlog that could add a wave of new supply, even if the pace of drilling begins to slow. 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.

Oil 236

Oil Oil Prices 2019 Price 236

Green Car Congress

SEPTEMBER 13, 2020

Mine supply continued to edge higher in 2019, albeit by a relatively slow 0.7%—an This slow growth in mine supply, combined with the drop in demand, was sufficient to flip the molybdenum market from a deficit in 2018 into a surplus in 2019. Consequently, molybdenum prices came under downward pressure. decline in 2019.

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2020 2019 2018 Oil 186

Green Car Congress

JUNE 19, 2012

GE has concluded a commercial alliance agreement with Norway-based Sargas AS to provide a gas turbine for one of the world’s first gas-fired plants with integrated carbon capture for enhanced oil recovery (EOR). GE’s LMS100 turbine is a combination of proven frame and aero-derivative gas turbine technology.

Oil 220

Oil Carbon Gas Gas-Electric 220

Green Car Congress

FEBRUARY 28, 2019

Global oil and gas companies are increasingly facing an uphill battle as global warming policies are taking their toll. Most analysts and market watchers are focusing on peak oil demand scenarios, but the reality could be much darker. The latter is partly caused by “global warming constraints” and lower oil prices in general.

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Oil Industrial Industry Financing 231

Green Car Congress

JANUARY 6, 2022

The world’s two largest economies—the United States and China—are poised to be the world’s top export and import markets for liquefied natural gas (LNG), respectively, in 2022, according to a new report by IHS Markit. —Michael Stoppard, chief strategist, global gas, IHS Markit.

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Qatar China United States Brazil 186

Green Car Congress

JULY 22, 2015

With the recently concluded nuclear deal between Iran and the P5+1 countries, oil prices have already started heading downward on sentiments that Iran’s crude oil supply would further contribute to the already rising global supply glut. But with rising negative sentiment pertaining to oil prices, is U.S.

Oil Prices 150

Oil Prices Oil Price India 150

Green Car Congress

JUNE 13, 2012

Oil demand grew by less than 1%—the slowest rate amongst fossil fuels—while gas grew by 2.2%, and coal was the only fossil fuel with above average annual consumption growth at 5.4% The report also highlighted supply disruptions as one of the major energy events of the year. globally, and 8.4% million bpd or 0.7%.

Coal 261

Coal Oil Renewable Saudi Arabia 261

Green Car Congress

APRIL 10, 2015

With its headquarters in Vienna, Austria, one of the mandates of 12-member OPEC is to “ensure the stabilization of oil markets in order to secure an efficient, economic and regular supply of petroleum to consumers, a steady income to producers, and a fair return on capital for those investing in the petroleum industry.” Iraq’s Issues.

Saudi Arabia 150

Saudi Arabia Venezuela Iran Nigeria 150

Green Car Congress

JULY 25, 2013

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. Renewable energy and nuclear power are the world’s fastest-growing energy sources, each increasing 2.5%

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2010 Transportation Fuel Energy 317

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.

Oil 186

Oil Canada Oil-Sands Production 186

Green Car Congress

JANUARY 5, 2019

In 5 of the 10 cities for which EIA collects weekly retail price data, gasoline prices exceeded $3.00/gal Rising crude oil prices and high levels of gasoline demand contributed to rising gasoline prices from January through May. gal at least once in 2018. per gallon between October and December.

Gasoline 236

Gasoline San Francisco Price 2017 236

Green Car Congress

AUGUST 6, 2015

A flood of bearish news has pushed down oil prices to their lowest levels in months, with WTI nearing $45 per barrel and Brent flirting with sub-$50 territory. With a bear market back, there is pessimism throughout the oil markets. However, the WTI/Brent spread has shrunk more dramatically since the collapse in oil prices.

Oil Prices 150

Oil Prices Oil United States North America 150

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. With greater U.S.

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2020 Energy Transportation Oil Prices 150

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.

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Oil-Sands Oil 2008 Oil Prices 220

Green Car Congress

JULY 30, 2019

Eni has released the 18 th edition of the World Oil, Gas and Renewables Review , the annual statistics report on oil, natural gas and renewables sources. The second volume, the World Gas and Renewables Review , focused on natural gas and renewables sources (solar, wind and biofuels), will be published in autumn.

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Saudi Arabia Oil 2018 Global 170

Green Car Congress

JANUARY 6, 2014

The model has four sub-components: vehicle, fuel production, electricity grid; and energy supply. Among their findings were: RFS2 is satisfied at extreme oil prices (at least $215/barrel). This oil price encourages biofuel use in the RFS2 timeframe, but not in the long run.

Oil Prices 246

Oil Prices Gasoline-Electric Gasoline Oil 246

Green Car Congress

JULY 13, 2016

Because of this, the collective US shale industry has been likened to the new “swing producer”: low oil prices force quick cutbacks but higher prices trigger new supplies. A tighter supply of services will drive up rates. In essence, shale could balance the market in the way OPEC used to.

Oil 150

Oil Industrial Industry Oil Prices 150

Green Car Congress

APRIL 7, 2021

EIA also forecasts the Brent crude oil price will average $64 per barrel this summer, a 78% increase from last summer’s average of $36 per barrel. That price increase paired with an increase in gasoline and diesel demand will likely increase the cost of regular gasoline and diesel fuel this summer. gal on 22 March.

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2019 Fuel Coal Motor 186

Green Car Congress

JULY 7, 2012

The Nikkei reports that the nationwide average price in Japan for regular gasoline was ¥139.8 Prices at the pump are falling in Japan not only due to lower crude oil prices, but also because the widespread popularity of fuel-efficient vehicles has lowered demand for gasoline.A per liter ($6.65

Japan 258

Japan Gasoline Fuel Gasoline-Electric 258

Green Car Congress

MAY 11, 2010

General Motors and Hawaii’s The Gas Company (TGC), the state’s major gas energy provider, are collaborating on a hydrogen infrastructure project. The Gas Company currently produces synthetic natural gas from naptha and hydrogen, will plans to include plant oils and animal fats as feedstocks in the future.

Hawaii 225

Hawaii Hydrogen GM Gas 225

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 150

Russia Saudi Arabia Iran Iraq 150

Green Car Congress

OCTOBER 12, 2012

Profound shifts in the regional distribution of oil demand and supply growth will redefine the refining industry and transform global oil trade over the next five years, according to the annual Medium-Term Oil Market Report (MTOMR) released by the International Energy Agency (IEA).

Oil 255

Oil Oil-Sands Global Oil Prices 255

Green Car Congress

DECEMBER 17, 2010

Shale gas offsets declines in other US supply to meet. 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. Source: EIA.

Gas 199

Gas 2011 Price Energy 199

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. Most of China’s methanol supply is from domestic production.

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