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EIA: At least 9 new refinery projects to come online before end of 2023 in Asia and Middle East; 2.9 MMb/d

Green Car Congress

The new refinery projects would increase production of refined products, such as gasoline and diesel, and in turn, they might reduce the current high prices for these products. Net global capacity declined in 2021 for the first time in 30 years, according to the IEA. China’s refinery capacity is scheduled to increase significantly this year.

Asia 418
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EIA: New refineries will increase global refining capacity in 2022 and 2023; China leads

Green Car Congress

More recently, the 615,000 b/d Al Zour refinery in Kuwait—the largest in the country when it becomes fully operational—began initial operations earlier this year and the facility’s operators expect to increase production through the end of 2022.

Global 448
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TransGas and SK EC team on West Virginia coal-to-gasoline project

Green Car Congress

Ltd (SKE&C) leading to engineering, procurement and construction of its first US coal-to-gasoline plant—Adams Fork Energy—to be located in Mingo County, West Virginia. The Adams Fork Energy project will convert regional coal into premium-grade gasoline, producing 18,000 barrels per day (756,000 gallons US, 2.86

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Oil is cheap, so Kuwait raised its own gas price to compensate

Green Car Reports

Cheap gasoline is good news for the economies of most countries, but not those that rely on oil exports. The sustained fall in global prices has led oil-producing countries to search for ways to keep their revenues up. In some cases, that means cutting back on cheap gas for their own citizens. DON'T MISS: Even Saudi Arabia vows to end its.

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

Green Car Congress

In recent years, all six Gulf monarchies—Saudi Arabia, the United Arab Emirates (UAE), Kuwait, Oman, Qatar and Bahrain—have begun to challenge the notion that citizens are entitled to cheap energy. The authors said energy subsidies have long outlived their usefulness.

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Junkyard Find: 1992 Geo Metro 4-door hatchback

The Truth About Cars

Gas was cheap during the late 1980s and early 1990s, other than a spike after Iraq invaded Kuwait , but some car buyers still wanted good fuel economy. liters of gasoline on the Canadian highway. My guess is that the reels turned over once, for a total of 162,150.9 Gets 100 kilometers per 4.5

Suzuki 104
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Oil price tumbles after OPEC releases 2015 forecast

Green Car Congress

US backlogs of gasoline and distillates also were up, according to the API. The exceptions, the news agency reports, are Kuwait and Qatar. 9, meanwhile, the American Petroleum Institute (API) reported that inventories of US crude rose during the week ending Dec. million barrels to 377.4 million barrels.