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. The 400,000 b/d Jizan refinery in Saudi Arabia reportedly came online in late 2021 and began exporting petroleum products earlier this year.
Green Car Congress
JULY 21, 2022
Global demand for refined products dropped substantially in 2020 as a result of the COVID-19 pandemic. 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.
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. The authors said energy subsidies have long outlived their usefulness.
Green Car Congress
DECEMBER 11, 2014
27, OPEC refused to lower its production levels below 30 million barrels a day, adding to the oil glut that started with the US boom in high-quality shale oil. US backlogs of gasoline and distillates also were up, according to the API. The exceptions, the news agency reports, are Kuwait and Qatar. And yet on Nov. Source: [link].
The Truth About Cars
FEBRUARY 12, 2024
Production of the Chevrolet Metro continued through 2001, after which it was replaced by the Suzuki Aerio and the Daewoo -built Chevrolet Aveo. 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. Gets 100 kilometers per 4.5
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