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Today’s Stunted Oil Prices Could Cause Oil Price Shock In 2020

Green Car Congress

As oil prices remain unsteady and OPEC continues to make headlines every hour, the world is focused on oil’s immediate future. In a speech made at the Association of International Petroleum Negotiators’ 2017 International Petroleum Summit, Johnston laid out his concerns for the future of oil. oil may not be able to fill.

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VW eGolf supply, rising oil prices in 2020, and an electric double-decker bus: Today's Car News

Green Car Reports

Analysts forecast oil prices may double by 2020. And Ontario, Canada, ends a rebate program for electric cars and chargers. All of this and more on Green Car Reports. The Volkswagen eGolf is in extremely short supply. Los Angeles introduces the first electric double-decker bus.

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Georgia Electric-Car Fee, Diesel Trucks, Oil Prices: Today's Car News

Green Car Reports

Today, a proposed bill could cut Georgia's electric-car fee, an advocate makes the case for diesel pickup trucks, and a huge trader believes oil prices will remain low for a decade. All this and more on Green Car Reports. The Tesla Model X electric crossover will go on sale in China before Europe.

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Opinion: Oil Megaprojects Won’t Stay On The Shelf For Long

Green Car Congress

One casualty of the oil price downturn could be the megaproject. For years, as conventional oil reserves depleted and became increasingly hard to find, oil companies ventured into far-flung locales to find new sources of production. The collapse of oil prices, however, could kill off the megaproject.

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Harvard Study: Oil prices set to fall

Green Cars News

Let’s be honest, our interest in green cars has not only been prompted by our willingness to do more for the environment, but also for our need for affordable driving as petrol prices spiral out of control. However, now a new study by Harvard Kennedy School suggests that may be about to change. It points [.].

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Chevron leveraging information technology to optimize thermal production of heavy oil with increased recovery and reduced costs

Green Car Congress

Chevron’s focus on optimizing the thermal management of the Kern River field has resulted in a steady drop in the steam:oil ratio (barrels steam water per barrel oil), resulting in improved economics of the field even with slowly declining production. Data: California DOGGR. Click to enlarge. Source: Chevron. Click to enlarge.

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Nikkei: popularity of fuel-efficient vehicles lowering demand for gasoline in Japan

Green Car Congress

The Nikkei reports that the nationwide average price in Japan for regular gasoline was ¥139.8 Prices at the pump are falling in Japan not only due to lower crude oil prices, but also because the widespread popularity of fuel-efficient vehicles has lowered demand for gasoline.A per liter ($6.65

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