Market Oil Prices Supplies Texas 
Green Car Congress
APRIL 8, 2020
The trajectory of North American gas supply is set to change radically as a result of the fall in oil prices that has occurred due to COVID-19 and the breakdown in production cooperation between OPEC and Russia, according to IHS Markit. Combined, the Bakken and Eagle Ford are producing nearly 3 MMbbl/d of oil and 7.2
Green Car Congress
MAY 30, 2018
The Energy Information Administration (EIA) estimates that in the United States from 2008 to 2017, crude oil represented only 61% of the retail price of gasoline. Refining costs and profits represented 12%, distribution and marketing costs 12%, and federal and state taxes 15%.
Green Car Congress
JUNE 16, 2021
In the June Short-Term Energy Outlook (STEO), the US Energy Information Administration (EIA) forecasts that rising global production of petroleum and other liquid fuels (driven by OPEC, Russia, and the United States) will limit price increases for global crude oil benchmarks Brent and West Texas Intermediate (WTI).
Green Car Congress
MARCH 5, 2015
Those claiming that oil will continue to fall from here and remain low for evermore, however, are flying in the face of both history and common sense. The question we should be asking ourselves is not if oil prices will recover, but when they will. There is no doubt that supply has increased. Market Background Oil'
Green Car Congress
DECEMBER 8, 2020
The Rockies saw the smallest slide (5.6%) but that is substantial enough to impact supply and demand balances as winter approaches. For decades, California led all US states in consumption of gasoline, but that position has been passed to Texas, which finds smaller year-on-year volume declines of 15.8%. and 1.1%, respectively.
Green Car Congress
APRIL 27, 2017
This sharp slowdown in activity in the conventional oil sector was the result of reduced investment spending driven by low oil prices. mb/d a year in the next five years, the IEA has repeatedly warned that an extended period of sharply lower oil investment could lead to a tightening in supplies.
Green Car Congress
JULY 18, 2020
Projections of the evolution of COVID-19 pandemic trends show that lockdowns help to reduce COVID-19 transmissions by as much as 90% compared with the baseline without any social distancing in Austin, Texas. However, this unprecedented phenomenon could last for a few years: Kissler et al.
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