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3 Years Of Painful Cuts Sets Oil Markets Up For Serious Supply Crunch

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According to a separate report from SAFE, a Washington-based think tank, the oil industry has cut somewhere around $225 billion in capex in 2015 and 2016, which will lead to global supplies 4 million barrels per day lower in 2018-2020, compared to what market analysts expected as of 2014. The price acts as a self-correcting mechanism.

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

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The China policy response to assist the commercial-vehicle industry has been broad, with a variety of direct and indirect supports announced, locally and nationally. The local industry is already recovering, with commercial vehicle plants re-opened. The local industry is already recovering, with commercial vehicle plants re-opened.

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Pike Research forecasts global biofuels market to double by 2012 to $185.3B

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growth in the industry over the next decade, Pike expects production volumes to fall short of an estimated 71.8 continue to pour into the industry. Key trends identified in the report include: Oil prices are expected to climb over the next decade, driving increased interest in. growth in the global biofuels industry.

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Worldwatch Institute report finds global energy intensity increased in 2010 for second year in a row

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In addition to technological advances, price developments play a key role in determining overall energy usage, Worldwatch notes. World crude oil prices more than tripled between 2004 and 2008—the fastest rise since the oil crisis of the late 1970s—contributing to the sharp decline in energy intensity during that period.

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Pike Research forecasts global biofuels market value to double to $185B by 2021

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between 2017 and 2021, as a combination of higher oil prices, emerging mandate. drive increased investment in the industry, the report finds. After healthy growth over the past decade, the global biofuels industry is entering a new era marked by feedstock flexibility, product neutrality, and sustainability, the report notes.

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Deutsche Bank Forecast sees slower transportation electrification and greater gasoline demand near-term; increased confidence in the pace and breadth of long-term shift to efficient transportation systems

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” Their analysis is in the context of the “ surprising [oil] demand strength of 2010 “; 2010 saw absolute incremental demand at around 2.2mb/d of growth—the second highest in 30 years, despite oil prices in the $90/bbl region. He also believes that sub-1.6L CAGR from 2012 through 2020 to about $250/kWh.

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

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Tax Credits Instead, Obama backed tax credits of as much as $7,500 inthe stimulus package approved in February for buyers of plug-incars. Honda, the world’s largest engine maker, set a goal ofleading the industry in hydrogen fuel cell autos. Oil prices are going to go up. millionthis year from $211.9

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