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The Next Oil Price Spike May Cripple The Industry

Green Car Congress

Two diametrically opposed views dominate the current debate about where the oil price is heading. On the other hand, however, there is the view that the price of oil is set to explode, primarily due to underinvestment in the upkeep of brownfields , development of greenfields , and exploration for new resources.

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BNEF: Oil price plunge to have only moderate impact on low-carbon electricity development, but likely to slow EV growth

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The collapse in world oil prices in the second half of 2014 will have only a moderate impact on the fast-developing low-carbon transition in the world electricity system, according to research firm Bloomberg New Energy Finance. However, the slump in the Brent crude price per barrel from $112.36 on 30 June to $61.60

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Amyris renewable jet fuel receives regulatory approval in Brazil for blends up to 10%

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The airline industry continues to experience strong growth and, while current low oil prices may provide a short-lived respite, the impact of carbon pollution is undeniable. We meet the most rigorous performance requirements in the aviation industry and are now commercializing our product in Brazil as well as around the world.

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IHS Markit: 2020 low-sulfur requirements for marine bunker fuels causing scramble for refiners and shippers

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While the IMO is taking positive action to address the environmental impacts of air pollution from ships, the rapid change creates significant disruption for both the refining and shipping industries. IHS Markit expects an unprecedented light-heavy price spread during 2020 to 2021.

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AECOM study finds EV adoption in Victoria can offer significant economic benefits by late 2020s; PHEVs initially lead uptake

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Such economic benefits could be realized earlier through effective policies which reduce first mover costs in the short term and promote rapid take-up once non-ICE vehicle price premiums reduce to levels that make them affordable to. The analysis is based on central forecasts of oil price, electricity. This is primarily due to.

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EIA Energy Outlook 2013 reference case sees drop in fossil fuel consumption as use of petroleum-based liquid fuels falls; projects 20% higher sales of hybrids and PHEVs than AEO2012

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Biofuels grow at a slower rate due to lower crude oil prices and. The decline reflects increased domestic production of both petroleum and natural gas, increased use of biofuels, and lower demand resulting from the adoption of new vehicle fuel efficiency standards and rising energy prices. slower growth in E85 sales.

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FCA, IVECO and Snam sign MoU for development of natural gas as an environmentally friendly vehicle fuel

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Consumers will also enjoy overall savings estimated at up to €800 million (US$897 million) in five years’ time, based on the historically low oil price over the past few months.

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