Green Car Congress
AUGUST 12, 2021
On Wednesday, US National Security Advisor Jake Sullivan issued a statement calling on OPEC+ to increase oil production: While OPEC+ recently agreed to production increases, these increases will not fully offset previous production cuts that OPEC+ imposed during the pandemic until well into 2022.
Green Car Congress
JUNE 12, 2015
The financial pages of Canadian newspapers have been full of headlines lately announcing the potential of two large shale oil fields in the Northwest Territories said to contain enough oil to rival the Bakken Formation of North Dakota and Montana. Globally, their significance is harder to assess. on Friday, June 5 th.
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.
Green Car Congress
FEBRUARY 1, 2014
Over the long term, lower-than-expected oil prices could affect the outlook for oil sands production, and in certain scenarios higher transportation costs resulting from pipeline constraints could exacerbate the impacts of low prices.
Green Car Congress
MARCH 2, 2013
The oil sands’ GHG results do not necessarily represent the average or actual oil sands composition (i.e., the types and shares of oil sands-derived crudes) that would flow through the proposed pipeline. “.from times the length of the current proposal (1,384 miles), with nearly identical routes in Montana and South Dakota.
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