Green Car Congress
AUGUST 3, 2022
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.
Green Car Congress
JULY 21, 2022
Less petroleum demand and the associated lower petroleum product prices encouraged refinery closures, reducing global refining capacity, particularly in the United States, Europe, and Japan. The refinery’s return is likely to decrease petroleum product prices and increase supply, particularly in south and southeast Asian markets.
Green Car Reports
AUGUST 4, 2016
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.
Green Car Congress
DECEMBER 11, 2014
As a result, the price of Brent crude has plunged more than 40 percent since June. You start to price that in now.”. US backlogs of gasoline and distillates also were up, according to the API. In fact this year’s price plunge hasn’t hurt just the weaker OPEC members. And yet on Nov. million barrels to 377.4
Green Car Congress
MAY 4, 2016
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. Policymakers hope higher energy prices can produce a number of helpful effects, the authors said.
The Truth About Cars
FEBRUARY 12, 2024
If we're talking about realistic Metro competitors here, the base 1992 Ford Festiva actually managed to undercut the price tag on the cheapest possible Metro two-door hatchback that year: $6,911 versus $6,999. liters of gasoline on the Canadian highway. You could buy versions of this car all the way through 2017 in Pakistan.
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