Green Car Congress

AUGUST 20, 2019

This can be used to power hydrogen-powered vehicles, which are already marketed in some countries, as well as to generate electricity. The process can extract hydrogen from existing oil sands reservoirs, with huge existing supplies found in Canada and Venezuela.

Oil-Sands 375

Oil-Sands Oil Hydrogen Venezuela 375

Green Car Congress

JULY 30, 2019

The first volume of the report, the World Oil Review, is devoted to oil reserves, supply, demand, trade and prices with a special focus on crude oil quality and on refining industry. OPEC registered zero growth as production in the Arab Gulf countries were offset by losses in Iran and Venezuela due to geopolitical issues.

Saudi Arabia 170

Saudi Arabia Oil 2018 Global 170

Green Car Congress

OCTOBER 20, 2015

November 27, oil consuming countries will celebrate the first anniversary of the Saudi decision to let market forces determine prices. Subsequently, to defend market share, the Saudis increased production, which exacerbated market oversupply and further pressured prices. This decision set crude prices on a downward path.

Russia 150

Russia Saudi Arabia Oil Market 150

Green Car Congress

NOVEMBER 28, 2012

Canada is the largest supplier of foreign oil to the United States, followed by Saudi Arabia, Mexico, and Venezuela. Almost 99% of Canadian oil exports are sent to the US market. In 2012, Canada supplied the US with a record of nearly 2.5 Canada accounted for approximately 25% of US crude oil imports in 2011, averaging 2.2

Canada 225

Canada Saudi Arabia Oil-Sands 2012 225

Green Car Congress

MAY 23, 2016

The 2 June 2016 OPEC meeting will be held amid a backdrop of oil prices near $50 per barrel, a sharp drop in Nigerian production due to sabotage, turmoil in Venezuela, Saudi Arabia operating with a new oil minister, and Iran aggressively pumping close to pre-sanction levels. million barrels per day (bpd).

Saudi Arabia 150

Saudi Arabia Iran Store Oil 150

Green Car Congress

JULY 28, 2015

With Saudi Arabia's refined fuel contributing to the global supply glut, what will be its impact on the refining markets especially those in Asia? How will Saudi Arabia Capture Market Share Downstream? Indian refiners are now buying more crude oil from Nigeria, Iraq, Venezuela and Mexico. By offering almost 2.8

Saudi Arabia 150

Saudi Arabia Price Oil India 150

Green Car Congress

OCTOBER 6, 2015

Russia supplied about 30 percent (146.6 Control over the transportation assets in this region together with vast gas reserves make Russia the key element of this new market.”. The Saudi decision to let the market set prices and to pursue market share, has led to steep declines in crude and petroleum product prices.

Russia 150

Russia Saudi Arabia Iran Iraq 150

Green Car Congress

AUGUST 9, 2013

The study also found that any absence of oil sands on the US Gulf Coast would most likely be replaced by imports of heavy crude oil from Venezuela, which has the same carbon footprint as oilsands crude. Even considering new capacity from rail, the balance between western Canadian supply and export capacity remains tight.

Venezuela 275

Venezuela Oil-Sands Oil Canada 275

EV Info

SEPTEMBER 23, 2021

Wind farms stand idle for days on end, a fire interrupts a vital cable from France, a combination of post-Covid economic recovery and Russia tightening supply means the gas price has shot through the roof – and so the market price of both home heating and electricity is rocketing. Climate Change.

Power 52

Power Powered Wind Coal 52

Green Car Congress

AUGUST 25, 2015

OPEC next gathers December 4 in Vienna, just over a year since Saudi Oil Minister Ali Al-Naimi announced at the previous OPEC winter meeting the Saudi decision to let the oil market determine oil prices rather than to continue Saudi Arabia's role of guarantor of $100+/bbl oil. Market” forces include many components. percentage points.

Saudi Arabia 150

Saudi Arabia Russia Oil 2015 150

Green Car Congress

AUGUST 26, 2011

The proposed Keystone XL Project consists of a crude oil pipeline and related facilities that would primarily be used to transport Western Canadian Sedimentary Basin (WCSB) crude oil from an oil supply hub near Hardisty, Alberta, Canada to delivery points in Oklahoma and Texas. Canada border to Cushing, Oklahoma and the Gulf Coast market.

Oil-Sands 253

Oil-Sands Emissions Oil Oklahoma 253

Green Car Congress

JUNE 23, 2011

Chevron is taking its technology learnings from Kern River and apply them to Duri and other major heavy oil fields globally, such as Wafra in the onshore Partitioned Neutral Zone (PNZ) between Kuwait and Saudi Arabia and in the Orinoco in Venezuela. incremental oil recovered; heavy oil carries a lower market price than lighter oils.

Chevron 244

Chevron Oil Oil-Sands Production 244

Green Car Congress

NOVEMBER 15, 2012

Although crudes derived from the Canadian oil sands are more carbon-intensive than the average oil refined in the United States, they are within the range of some other crude oils produced, imported, or refined in the United States, including crudes from Venezuela, Nigeria, Iraq, and California heavy oil production, according to the report.

Oil-Sands 388

Oil-Sands Oil Emissions United States 388

Cars That Think

JANUARY 29, 2022

Bad things happen when demand outstrips supply. We learned that lesson too well at the start of the pandemic, when demand for toilet paper, disinfecting wipes, masks, and ventilators outstripped the available supply. Clearly, balancing the supply and demand of goods is critical for a stable, normal, functional society.

Power Grid 107

Power Grid Grid Power Powered 107

Green Car Congress

JUNE 23, 2016

If prices went too low the LTO operators couldn’t afford to drill, which would shrink supply and cause prices to rise. If they somehow collude to restrict supply to affect prices they will be prosecuted and perhaps sent to jail. If and when prices rose the US rig count would rise and ultimately cause prices to fall again.

Oil Prices 150

Oil Prices Oil Price Oil-Sands 150

Green Car Congress

NOVEMBER 20, 2016

That is because of two reasons—the size of its reserves, and the ability to use latent spare capacity to quickly adjust supply, affording it an outsized influence on crude oil prices. As the FT notes, this figure will have massive ramifications for both Saudi Arabia and the global oil market. But nobody knows except the Saudis.

Saudi Arabia 150

Saudi Arabia Oil Oil Prices Russia 150

Green Car Congress

NOVEMBER 13, 2011

Alternative technologies, such as hybrid and electric vehicles that use oil more efficiently or not at all, continue to advance but they take time to penetrate markets. Short-term pressures on oil markets are easing with the economic slowdown and the expected return of Libyan supply. billion in 2035.

Oil 247

Oil Transportation Cheap Fleet 247

Green Car Congress

MAY 27, 2022

Glencore also admitted to bribery of officials in Brazil and Venezuela. In Venezuela, Glencore admitted to conspiring to secure improper business advantages by paying over $1.2 bought from, and sold to, another party, did not reflect legitimate forces of supply and demand.

Los Angeles 199

Los Angeles Equatorial Guinea Price Nigeria 199

Green Car Congress

JULY 28, 2018

As the Fed tightens rates and pushes up the dollar, emerging market currencies suffer from sudden shocks, sometimes severe. As capital flees some of these emerging markets and flows into safe haven assets, such as the U.S. As capital flees some of these emerging markets and flows into safe haven assets, such as the U.S.

Oil Prices 170

Oil Prices Oil Price South Africa 170

Drive Electric

AUGUST 9, 2022

Fortunately, to improve this issue, battery makers are working towards more responsible supply chains , and have the potential for cheaper, more efficient, and more environmentally friendly energy storage in the near future. If it’s manufactured on a ‘dirty’ power grid it becomes a major source of emissions over the EV lifecycle.

Environment 98

Environment Electric Vehicles New Zealand Vehicles 98

Drive Electric

AUGUST 9, 2022

Fortunately, to improve this issue, battery makers are working towards more responsible supply chains , and have the potential for cheaper, more efficient, and more environmentally friendly energy storage in the near future. If it’s manufactured on a ‘dirty’ power grid it becomes a major source of emissions over the EV lifecycle.

Environment 52

Environment Electric Vehicles New Zealand Vehicles 52