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. But the bust is leaving towns like Williston, North Dakota stretched extremely thin as it tries to deal with the aftermath. By Nick Cunningham of Oilprice.com.
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.
Green Car Congress
FEBRUARY 1, 2014
Over the long term, lower-than-expected oil prices could affect the outlook for oil sands production, and in certain scenarios higher transportation costs resulting from pipeline constraints could exacerbate the impacts of low prices. Rail Direct to the Gulf Coast Scenario.
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