Oil Prices, Oil-Sands and Range

IHS Markit: Canadian oil sands production exceeds pre-pandemic levels, but lower than prior projections

Green Car Congress

JUNE 24, 2021

Canadian oil sands production has fully recovered from last year’s “COVID-19 Shock”—the largest contraction of upstream production in Canadian history—and has exceeded pre-pandemic levels. The latest forecast by the IHS Markit Oil Sands Dialogue expects Canadian oil sands production to reach 3.6

Oil-Sands

Oil-Sands Oil Production Oil Prices

State Department issues Draft Supplemental Environmental Impact Statement on Keystone XL Pipeline: climate change impacts

Green Car Congress

MARCH 2, 2013

The US Department of State (DOS) has released its Draft Supplemental Environmental Impact Statement (SEIS) in response to TransCanada’s May 2012 application for the Keystone XL pipeline that would run from Canada’s oils sands in Alberta to Nebraska. The pipeline would primarily transport crude oil from the WCSB and Bakken regions.

Climate Change

Climate Change Oil-Sands Nebraska Climate

Lux Research: Cost of replacing a barrel of produced oil up 350% in 13 years

Green Car Congress

OCTOBER 1, 2012

The cost associated with replacing a barrel of produced oil has risen from $6 per barrel in 1998 to $27 per barrel in 2011, according to Lux Research—an increase of 350%. Unconventional oil will be a key area of focus for producers. will be in the oil sands. Cost to replace each barrel of oil produced.

Oil

Oil Oil-Sands Cost Of Oil Prices

MIT/RAND Study Concludes Three Types of Alternative Jet Fuel May Be Available in Commercial Quantities Over the Next Decade

Green Car Congress

OCTOBER 25, 2009

The five different fuel groups were those derived: from conventional petroleum; from unconventional petroleum; synthetically from natural gas, coal, or combinations of coal and biomass via the FT process; renewable oils; and alcohols. million bpd. Reduced GHG impact. Certain HRJ and FT fuels are able to reduce the GHG emissions from aviation.

MIT

MIT Oil-Sands Commercial Available

Nissan Introduces 7th Generation Patrol with New 5.6L V8

Green Car Congress

FEBRUARY 15, 2010

A new 7-speed automatic transmission offers a wider range of gear ratios than its predecessor, giving the off-roader the ability to deliver power faster. It allows the driver to quickly switch between four drive modes: sand, on-road, snow and rock, with the flick of a switch. The newly developed VK56VD 5.6-liter

Nissan

Nissan Oil-Sands Oil Prices Gasoline-Electric

Stanford, UC Santa Cruz study explores ramifications of demand-driven peak to conventional oil

Green Car Congress

JULY 2, 2013

In contrast to arguments that peak conventional oil production is imminent due to physical resource scarcity, a team from Stanford University and UC Santa Cruz has examined the alternative possibility of reduced oil use due to improved efficiency and oil substitution. 2010, to above 140 $/bbl in constant 2010 dollars).

Oil

Oil Oil-Sands Fuel Economy Transportation

Chevron leveraging information technology to optimize thermal production of heavy oil with increased recovery and reduced costs

Green Car Congress

JUNE 23, 2011

Chevron’s focus on optimizing the thermal management of the Kern River field has resulted in a steady drop in the steam:oil ratio (barrels steam water per barrel oil), resulting in improved economics of the field even with slowly declining production. Data: California DOGGR. Click to enlarge. Source: Chevron. Click to enlarge.

Chevron

Chevron Oil Oil-Sands Production

US EIA Projects World Energy Use to Grow 44% Between 2006 and 2030, CO2 Emissions Up by 39%

Green Car Congress

MAY 27, 2009

World oil prices have fallen sharply from their July 2008 high mark. As the world’s economies recover, higher world oil prices are assumed to return and to persist through 2030. In the IEO2009 reference case, world oil prices rise to $110 per barrel in 2015 (in real 2007 dollars) and $130 per barrel in 2030.

2006

2006 Emissions Energy Oil-Sands

State Department releases Keystone XL Final Supplemental Environmental Impact Statement

Green Car Congress

FEBRUARY 1, 2014

Incremental well-to-wheels GHG emissions from WCSB Oil Sands Crudes Compared to Well-to-Wheels GHG Emissions from Displacing Reference Crudes Click to enlarge. Market analysis: cross-border pipeline constraints have a limited impact on crude flows and prices. That portion of the pipeline has already been built. million bpd.

Oil-Sands

Oil-Sands Nebraska Oil Montana

Opinion: This Is What Needs To Happen For Oil Prices To Stabilize

Green Car Congress

SEPTEMBER 21, 2015

On September 10 th , the EIA reported a production decline in the Lower 48—essentially shale production—of 208,000 BOPD (barrels of oil per day). Rather, Goldman Sachs was grabbing all the headlines with its $20 call on oil. Pundits will claim otherwise, suggesting that oil in the 50s or 60s will spur activity.

Oil Prices

Oil Prices Oil Price Oil-Sands

IHS-CERA concludes “no material impact” on US GHG from Keystone XL; heavy crude from Venezuela most likely replacement

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. This indicates that oil sands can grow using rail; it is already happening. Earlier post.). Earlier post.).

Venezuela

Venezuela Oil-Sands Oil Canada

EIA projects world liquid fuels use to rise 38% by 2040, driven by growth in Asia and Middle East; transportation 92% of demand

Green Car Congress

SEPTEMBER 10, 2014

Crude and lease condensate includes tight oil, shale oil, extra-heavy crude oil, field condensate, and bitumen (i.e., oil sands, either diluted or upgraded). oil shale), and refinery gain. OPEC oil producers are the largest source of additional liquid fuel supply between 2010 and 2040.

Asia

Asia Transportation Oil-Sands Oil Prices

National Low Carbon Fuel Standard study releases major Technical Analysis and Policy Design reports; providing a scientific basis for policy decisions

Green Car Congress

JULY 19, 2012

Very broadly, they found that an LCFS would buffer the economy against global oil price spikes, trim demand for petroleum, and lessen upward pressure on gas prices. Treat all crude oils as part of the overall pool of transportation fuels. We did not shy away from controversy. We are not advocates.

Carbon

Carbon Oil-Sands Standards Design

Cleantech Blog: Smart Grids and Electric Vehicles

Tony Karrer Delicious EVdriven

APRIL 16, 2009

Driving range will no longer be an obstacle, because customers will be able to plug their cars into charging units in any of the 500,000 charging spots in Israel. Millions of EVs and PHEVs would expand the sale of electricity as an alternative to oil. No more Big OIL - think of the extra money stimulating the economy!

Grid

Grid Electric Vehicles Vehicles Oil-Sands

EV Driven

IHS Markit: Canadian oil sands production exceeds pre-pandemic levels, but lower than prior projections

State Department issues Draft Supplemental Environmental Impact Statement on Keystone XL Pipeline: climate change impacts

Lux Research: Cost of replacing a barrel of produced oil up 350% in 13 years

MIT/RAND Study Concludes Three Types of Alternative Jet Fuel May Be Available in Commercial Quantities Over the Next Decade

Nissan Introduces 7th Generation Patrol with New 5.6L V8

Stanford, UC Santa Cruz study explores ramifications of demand-driven peak to conventional oil

Chevron leveraging information technology to optimize thermal production of heavy oil with increased recovery and reduced costs

US EIA Projects World Energy Use to Grow 44% Between 2006 and 2030, CO2 Emissions Up by 39%

State Department releases Keystone XL Final Supplemental Environmental Impact Statement

Opinion: This Is What Needs To Happen For Oil Prices To Stabilize

IHS-CERA concludes “no material impact” on US GHG from Keystone XL; heavy crude from Venezuela most likely replacement

EIA projects world liquid fuels use to rise 38% by 2040, driven by growth in Asia and Middle East; transportation 92% of demand

National Low Carbon Fuel Standard study releases major Technical Analysis and Policy Design reports; providing a scientific basis for policy decisions

Cleantech Blog: Smart Grids and Electric Vehicles

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