Remove Global Remove Oil Prices Remove Stimulus Remove Supplies
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3 Years Of Painful Cuts Sets Oil Markets Up For Serious Supply Crunch

Green Car Congress

Total global oil production could decline for the next several years in a row as scarce new sources of supply come online. According to data from Rystad Energy, overall global oil output will fall this year as natural depletion overwhelms all new sources of supply. by Nick Cunningham of Oilprice.com.

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IHS Markit: global commercial vehicle production to drop 22% in 2020 in wake of COVID-19

Green Car Congress

IHS Markit is forecasting that global commercial vehicle production (GVW 4-8) volumes in 2020 compared to 2019 will be down 22% (more than 650,000 units) to 2.6 These forecasts are informed by the latest IHS Markit global economic forecast updates, which reflect a 3.0% decline in global real GDP in 2020.

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Opinion: Saudi Arabia Continues To Turn Screws On US Shale

Green Car Congress

The resulting crash in oil prices is forcing some production out of the market, and Saudi Arabia intends for the brunt of that to be borne by others. There is a lag between movements in the oil price and corresponding changes in production. But the effects of the oil price crash are now being felt.

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EIA expects US motor fuel consumption to increase this summer, but remain below 2019 levels

Green Car Congress

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 last summer. million b/d.

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EIA Estimates 2.1% Growth in Fossil Fuel CO2 Emissions in US in 2010; Still Below 1999-2008 Levels

Green Car Congress

EIA projects that world oil consumption will grow by 1.5 This growth is the result of an expected recovery in the global economy, with world gross domestic product (GDP, on an oil-weighted basis) assumed to rise by more than 3 percent per year. US crude oil production averaged 5.32 per gallon in 2009 to $2.84

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Honda May Develop Plug-In as Obama Alters U.S. Policy (Update2) - Bloomberg.com

Tony Karrer Delicious EVdriven

Honda, which began leasing hydrogen fuel cell FCX Claritysedans in Los Angeles last year, still sees hydrogen as the bestlong-term alternative to gasoline as a fuel that can cut carbonexhaust tied to global warming, President Takeo Fukui said in aninterview. Oil prices are going to go up. millionthis year from $211.9

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Cleantech Blog: Smart Grids and Electric Vehicles

Tony Karrer Delicious EVdriven

Early Days in the Obama Administration An Address I'd Like to Hear Global Warming Solutions Included in Transportatio. Thinking Globally, Acting Locally San Francisco City Carbon Collobarative 18th and 1. The Three Prongs of the “Green&# Energy Stimulus Pa. Tree Planting as Carbon Offsets – Does Latitude Ma.

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