Green Car Congress

NOVEMBER 19, 2016

The Proposed Final Program offers 11 potential lease sales in four planning areas—10 sales in the portions of three Gulf of Mexico Program Areas that are not under moratorium and one sale off the coast of Alaska in the Cook Inlet Program Area. The vast majority of US offshore oil production occurs in the Gulf of Mexico.

Mexico 150

Mexico 2017 Oil Gas 150

Green Car Congress

FEBRUARY 12, 2019

CAR said that a number of positive factors support a high level of US light vehicle sales, including: Projected moderate US economic output growth in 2019; Historically low US unemployment rates; Relatively low oil prices continue through 2020; Underlying nominal wage growth continues; High levels of consumer confidence were reached in Q4 2018; and.

2019 170

2019 Light Sale Mexico 170

Green Car Congress

APRIL 27, 2017

Between January 2016 and March 2017, oil production in the Permian Basin increased in all but three months, even as domestic crude oil prices fell. As production in other regions fell throughout most of 2015 and 2016, the Permian provided a growing share of US crude oil production. million b/d) in that month.

Oil 170

Oil Production New Mexico Oil Prices 170

Green Car Congress

AUGUST 24, 2018

This national increase is almost entirely driven by tight oil. In particular, the Permian region in western Texas and eastern New Mexico is expected to account for more than half of the growth in crude oil production through 2019. Source: US Energy Information Administration, Short-Term Energy Outlook, August 2018.

2019 236

2019 Oil Production 2018 236

Green Car Congress

JUNE 27, 2018

A GlobalData analysis of recent wells for 26 operators in the Permian basin indicates a break-even oil price range from US$21 to US$48 per barrel with lateral lengths ranging from 4,500 ft to 10,500 ft. On 25 June, the price of a 42-gallon barrel of West Texas Intermediate Crude (WTI) was $68.08.

Oil 236

Oil Chevron Texas New Mexico 236

Green Car Congress

NOVEMBER 26, 2015

an industry consultant, oil and gas companies have laid off more than 250,000 workers around the world, a tally that will rise if oil prices remain in the dumps. “I Still, upstream E&P companies are also being substantially squeezed by another plunge in oil prices. According to Graves & Co.,

Texas 150

Texas Oil Oil Prices Mexico 150

Green Car Congress

JANUARY 31, 2017

If the proposed broad 20% border-adjustment tax were implemented and applied to the energy sector, the result would likely lead to a large increase in gasoline prices and a big premium in domestic oil prices vs. international, according to new analysis by Bloomberg Intelligence. Pump prices could rise an average $0.30

Tax 150

Tax Gasoline Price Oil 150

Green Car Congress

JULY 30, 2019

The tight oil production phenomenon continued to increase the share of sweet light crudes, which rose above 20% worldwide. Asia Pacific’s oil dependence continues to grow, ranking first in terms of deficit. Global oil demand grew by 1.4%, slightly lower than in 2017 (+1.6%) in a context of increasing oil prices.

Saudi Arabia 170

Saudi Arabia Oil 2018 Global 170

Green Car Congress

NOVEMBER 6, 2015

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.

Oil 150

Oil Oil-Sands Saudi Arabia Oil Prices 150

Green Car Congress

JUNE 27, 2012

Oil production capacity is surging in the United States and several other countries at such a fast pace that global oil output capacity could grow by nearly 20% from the current 93 million barrels per day to 110.6 Such an increase in capacity could prompt a plunge or even a collapse in oil prices, he suggests.

Oil 261

Oil Oil-Sands Price Production 261

Green Car Congress

AUGUST 23, 2012

The new report— Oil & Gas Capital Expenditure Outlook, H1 2012 —forecasts that the total oil and gas capex will increase by 13.4% this year over the 2011 total of $916 billion, as oil companies intensify upstream operations across locations as diverse as offshore Brazil, the Gulf of Mexico and the Arctic Circle.

Oil 210

Oil 2012 Oil-Sands Gas 210

Green Car Congress

NOVEMBER 18, 2015

Russia’s central bank recently warned about the growing financial risks to the Russian economy from Saudi Arabia encroaching upon its traditional export market for crude oil. Russia sends 70 percent of its oil to Europe, but Saudi Arabia has been making inroads in the European market amid the oil price downturn.

Saudi Arabia 150

Saudi Arabia Oil Europe Russia 150

Green Car Congress

OCTOBER 5, 2017

The auction was closely watched as a gauge of sentiment towards Brazilian oil exploration projects after a decade of Petrobras’ reign in the country’s continental shelf. After the oil price collapse and a huge corruption scandal, Petrobras has struggled to stay afloat, let alone find the billions of investments needed to develop new deposits.

Brazil 150

Brazil Oil Argentina Oil Prices 150

Green Car Congress

APRIL 18, 2020

This reflects anticipated shifts within the US truck-buying industries primarily, but Canada and Mexico are likewise seen with significant declines in 2020 demand. For major truck producers in Japan and South Korea , most have been forced to suspend operations due to reported parts shortages, resulting in 8,000 units of lost production.

2020 191

2020 Commercial Global Production 191

Green Car Congress

JUNE 17, 2015

The fallout of the collapse in oil prices has a lot of side effects apart from the decline of rig counts and oil flows. By Nick Cunningham of Oilprice.com.

North Dakota 150

North Dakota Montana Las Vegas Oil 150

Green Car Congress

JANUARY 16, 2012

Also, the shallow portion of the Gulf of Mexico witnessed 22 transactions (for $1.2 Looking forward, PLS and Derrick expect the market for oil and gas assets to continue at a healthy pace driven in part by onshore North America’s shale transformation from exploration, to appraisal to today’s development or “manufacturing process”.

El Paso 225

El Paso 2011 Oil Gas 225

Green Car Congress

FEBRUARY 3, 2015

Light truck sales, especially CUVs, helped motivate demand levels last year and with lower fuel prices expected, should once again dominate growth in 2015. In Europe, the crisis in Russia could offset the boon of lower fuel prices for Europe’s car buyers and even the new QE boost from the ECB. million units. Europe; Russia influences.

2015 150

2015 Light Market Global 150

Green Car Congress

JULY 28, 2015

Moreover, Indian refiners are now moving away from Saudi Arabia which was previously India’s largest crude oil supplier. Indian refiners are now buying more crude oil from Nigeria, Iraq, Venezuela and Mexico. As a result, Saudi Arabia was forced to offer discounts on its heavy and sour grade of crude oil to its Asian customers.

Saudi Arabia 150

Saudi Arabia Price Oil India 150

Green Car Congress

SEPTEMBER 26, 2017

The Permian Basin—a mature hydrocarbon basin located primarily in west Texas and extending into southeastern New Mexico—has produced more than 39 billion barrels (cumulative) of oil since it first began production in the 1920s, reaching a previous production peak in 1973. —John Roberts.

Oil 150

Oil New Mexico Oil Prices Production 150

Green Car Congress

MAY 12, 2011

The executives also foresee shale oil and gas having a transformative effect on helping to meet the world’s energy needs, according to the results of the 9 th Annual Energy Survey conducted by the KPMG Global Energy Institute. Offshore exploration and production.

Oil 225

Oil Energy Wind 2011 225

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.

Saudi Arabia 150

Saudi Arabia Russia Oil 2015 150

Green Car Congress

JUNE 20, 2012

Considering that the United States produces over 8 million barrels of oil per day domestically and imports an additional 3 million bpd from secure supplies in Canada and Mexico, we can find no credible scenario in which the military would be unable to access the 340,000 bpd of fuel it needs to defend the nation.

Price 225

Price Turkey Oil-Sands Fuel 225

Green Car Congress

APRIL 7, 2010

Offsetting this projected supply growth in 2010 are further declines in mature fields in Mexico, the United Kingdom, and Norway. US crude oil production averaged 5.32 Projected growth in domestic crude oil production moderates to 200,000 bbl/d in 2010 and 70,000 bbl/d in 2011. per gallon in 2009 to $2.84 in 2010 and to $2.96

2008 186

2008 2010 Emissions Fuel 186

Green Car Congress

JANUARY 23, 2012

Under the Reference case, domestic crude oil production is expected to grow by more than 20% over the coming decade; already, domestic crude oil production increased from 5.1 Over the next 10 years, continued development of tight oil (e.g., million barrels per day in 2007 to 5.5 million barrels per day in 2010.

Oil 210

Oil 2005 Production 2010 210

Green Car Congress

SEPTEMBER 10, 2014

The potential for growth in demand for liquid fuels is focused on the emerging economies of China, India, and the Middle East, while liquid fuels demand in the United States, Europe, and other regions with well-established oil markets seems to have peaked. Rising world oil prices attract investment in areas previously considered uneconomic.

Asia 341

Asia Transportation Oil-Sands Oil Prices 341

Green Car Congress

DECEMBER 16, 2013

Pipeline exports of natural gas to Mexico grow by 6% per year, from 0.6 T he Brent crude oil spot price declines from $112 per barrel (bbl) (in 2012 dollars) in 2012 to $92/bbl in 2017. US exports of LNG increase to 3.5 trillion cubic feet (Tcf) before 2030 and remain at that level through 2040. Tcf in 2012 to 3.1 Tcf in 2040.

Oil 290

Oil Light Energy Vehicles 290

Green Car Congress

SEPTEMBER 18, 2015

The party is over for tight oil. Despite brash statements by US producers and misleading analysis by Raymond James, low oil prices are killing tight oil companies. Reports this week from IEA and EIA paint a bleak picture for oil prices as the world production surplus continues. Click to enlarge.

Oil 150

Oil Oil-Sands Oil Prices 2015 150

Green Car Congress

JULY 4, 2009

The imminent collapse of traffic in megacities such as Mumbai, Mexico City or Bangkok. The perspective of rising oil prices is a turboboost for a change in customer behavior, he said. By 2050, 70 to 80% of people will live in cities. The necessary reduction of criteria and greenhouse gas emissions, both globally and locally.

2013 150

2013 Companies Gas-Electric Recharge 150

Green Car Congress

JUNE 23, 2011

Chevron has already shifted to gas-fired co-generation plants to produce steam and export power to the California grid; it is also working on a solar concentrator pilot in New Mexico that would generate steam using sunlight to further reduce costs and environmental impact of its thermal production process.

Chevron 244

Chevron Oil Oil-Sands Production 244

Green Car Congress

JANUARY 31, 2018

The IHS Markit report, entitled: “Back to the Basins: International Shorter-Cycle Opportunities,” initially assessed five, short-cycle projects outside the US in mature, late-life basins in Mexico, Nigeria, Egypt, Brazil and the North Sea, and included both shallow water and mature, onshore areas that break even at per-barrel costs under US$40.

North America 150

North America Oil America Oman 150

Green Car Congress

APRIL 6, 2015

billion) were all in the top 10 of investing countries while more than $1 billion was invested in Indonesia, Chile, Mexico, Kenya and Turkey. Another challenge was, at first sight, the impact of the 50%-plus collapse in the oil price in the second half of last year. Additional to China, Brazil ($7.6 billion), India ($7.4

2014 150

2014 Renewable 2013 Wind 150

Tony Karrer Delicious EVdriven

APRIL 16, 2009

1) Nurture My Body (1) OESX (1) OIL ETN (1) OTCBB:PPRW (1) Oasys (1) Ocean Dead Zones (1) PLX Devices (1) PNE3.DE 2) Chevy Volt (2) China (2) ECOD3.SA SA (2) FDX (2) FSLR (2) FedEx (2) First Solar (2) Ford (2) Ford Escape Hybrid (2) Ford Fusion Hybrid (2) GE (2) Global Solar (2) Government (2) HEV (2) Honda FCX Clarity (2) IBM (2) ITM.l (2)

Grid 28

Grid Electric Vehicles Vehicles Oil-Sands 28

The Truth About Cars

AUGUST 8, 2023

However, with portions of the country seeing near-record temperatures in what has been called a global heat wave, refineries based near the Gulf of Mexico have reportedly had to scale back production.& & “Usually it takes a hurricane to move prices that much,” he said.& .& This is true every single year.

Price 97

Price Fuel Oil Climate Change 97