Green Car Congress

JANUARY 24, 2017

If West Texas Intermediate (WTI) crude oil prices stabilize at or above $60 per barrel, major parts of the United States shale sector that are currently dormant will ramp up, according to an analysis by experts in the Center for Energy Studies at Rice University’s Baker Institute for Public Policy. Baker III and Susan G.

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Oil Prices Oil Price Oil-Sands 150

Green Car Congress

JANUARY 19, 2022

According to the report prepared by Dr Chris Malins and Dr Cato Sanford, if all of these announced plans come to fruition, renewable diesel production capacity in the US would increase from just under 1 billion gallon a year to more than 5 billion gallons per year by 2024. —from the report, “Animal, vegetable or mineral (oil)?”.

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Renewable Diesel Production Oil 243

Green Car Congress

MARCH 13, 2015

Columbia and Associate Director of the Maguire Energy Institute at the Cox School of Business at Southern Methodist University in Dallas says it has: “No question we’re seeing the effects of lower oil prices throughout the economy.”. decline curves eventually catch up with fewer rigs, oil supplies should start to fall.

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Oil Prices Oil Price Dallas 150

Green Car Congress

MAY 22, 2020

Due to the collapse in oil prices, IHS Markit expects US producers are in the process of curtailing about 1.75 This resumption of production may accelerate if WTI remains above $30 per barrel—a price that allows operators to cover their operating costs and that reflects improved storage availability.

Oil 186

Oil Canada Oil-Sands Production 186

Green Car Congress

MARCH 5, 2015

Those claiming that oil will continue to fall from here and remain low for evermore, however, are flying in the face of both history and common sense. The question we should be asking ourselves is not if oil prices will recover, but when they will. History tells us that the price of oil will bounce back, but so does basic logic.

Oil Prices 150

Oil Prices Oil Price Saudi Arabia 150

Green Car Congress

JANUARY 23, 2019

Some level of DUCs is normal, but the ballooning number of uncompleted wells has repeatedly fueled speculation that a sudden rush of new supply might come if companies shift those wells into production. The latest crash in oil prices once again raises this prospect. production levels. DUCs may keep U.S.

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Oil Oil Prices 2019 Price 236

Green Car Congress

SEPTEMBER 13, 2017

A number of factors are pushing Saudi Arabia to raise its crude-oil production capacity, but the wide range of potential outcomes suggests that such an increase is a risky strategy for the kingdom and the global environment, according to a new article by an expert from Rice University’s Baker Institute for Public Policy.

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Saudi Arabia Oil Production Climate 150

Green Car Congress

OCTOBER 7, 2021

Falling technology costs and favorable laws and regulations mean that much of the new electricity generation will come from renewable energy sources, although natural gas, coal, and batteries will remain critical parts of the electric grid, backing up solar and wind resources.

Global 259

Global Energy Emissions Asia 259

Green Car Congress

DECEMBER 17, 2010

The Annual Energy Outlook 2011 (AEO2011) Reference case released yesterday by the US Energy Information Administration (EIA) more than doubles the technically recoverable US shale gas resources assumed in AEO2010 and added new shale oil resources. US crude oil production increases from 5.4 trillion cubic feet).

Gas 199

Gas 2011 Price Energy 199

Green Car Congress

DECEMBER 15, 2016

The first trials on the demo plant in Leuna were successfully completed, within schedule, in the fall of 2016 and Global Bioenergies announced first production of green isobutene via fermentation. Earlier post.). Second-generation feedstock consists of agricultural residues (wood, straw, miscanthus, etc.),

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Global Green Production Convert 150

Green Car Congress

JUNE 27, 2018

During the last three years, companies operating in the Permian basin have drilled much longer laterals and used substantially more complex well completion design in their newer wells with the aim of reaching higher initial production (IP) rates. Longer laterals do not necessarily translate into high productivity.

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Oil Chevron Texas New Mexico 236

Green Car Congress

NOVEMBER 4, 2021

In the paper, the researchers link econometric models of the production profitability of 1,933 global oilfields (representing about 90% of the world’s supply in 2015) with their production carbon intensity, a measure of the amount of carbon emitted per unit of energy (or barrel of oil) produced. —Mohammad Masnadi.

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Oil Carbon Global Market 305

Green Car Congress

JUNE 27, 2012

World oil production capacity to 2020 (crude oil and NGLs, excluding biofuels). 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

Oil 261

Oil Oil-Sands Price Production 261

Green Car Congress

JULY 17, 2012

Two professors from MIT and UC Davis have released a paper challenging the recent claims by the Renewable Fuel Association (RFA) and US Secretary of Agriculture Vilsack that ethanol production decreased gasoline prices by $0.89 t margin for oil refiners. in 2010 and 2011, respectively.

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Davis MIT Gasoline 2010 334

Green Car Congress

DECEMBER 23, 2016

Oil prices are probably already high enough to spark a rebound in shale production. Even when US oil production hit a peak at 9.7 By the third quarter, oil prices had climbed back to above $40 and traded at around $50 per barrel for some time, replenishing some lost revenue. That isn’t a typo.

Oil Prices 150

Oil Prices Libya Oil Nigeria 150

Green Car Congress

FEBRUARY 3, 2017

The Oil War Is Only Just Getting Started. It’s been a month now that investors and analysts have been closely watching two main drivers for oil prices: how OPEC is doing with the supply-cut deal, and how US shale is responding to fifty-plus-dollar oil with rebounding drilling activity.

Oil 150

Oil Saudi Arabia Oil Prices Low Cost 150

Green Car Congress

OCTOBER 2, 2019

The low levels in discoveries come as a result of a pullback during the past 10 years in the wildcat drilling that targets conventional oil and gas plays—most drastically after oil prices collapsed in 2014. IHS Markit sees other confounding issues that could continue to suppress the discovery of conventional resources.

Oil 199

Oil Gas Oil Prices Water 199

Green Car Congress

JULY 22, 2015

With the recently concluded nuclear deal between Iran and the P5+1 countries, oil prices have already started heading downward on sentiments that Iran’s crude oil supply would further contribute to the already rising global supply glut. But with rising negative sentiment pertaining to oil prices, is U.S.

Oil Prices 150

Oil Prices Oil Price India 150

Green Car Congress

MAY 30, 2019

ExxonMobil expects to increase annual earnings potential by more than 140% and double potential annual cash flow from operations by 2025 from 2017 adjusted earnings, assuming a 2017 oil price of $60 per barrel adjusted for inflation and based on 2017 margins. billion barrels of discovered recoverable resource.

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Papua New Guinea Emissions Carbon Guyana 191

Green Car Congress

APRIL 14, 2015

The Annual Energy Outlook 2015 (AEO2015) released today by the US Energy Information Administration (EIA) projects that US energy imports and exports will come into balance—a first since the 1950s—because of continued oil and natural gas production growth and slow growth in energy demand. With greater U.S. With greater U.S.

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2020 Energy Transportation Oil Prices 150

Green Car Congress

OCTOBER 27, 2010

According to a new report from Pike Research, algae biofuels production will grow rapidly over the next decade, reaching 61 million gallons per year and a market value of $1.3 Pike Research anticipates that, with 50% of all algae activity, the United States is poised to ramp up production the earliest among world markets.

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2020 Production Water Oil Prices 319

Green Car Congress

JUNE 1, 2016

Total global oil production could decline for the next several years in a row as scarce new sources of supply come online. According to data from Rystad Energy, overall global oil output will fall this year as natural depletion overwhelms all new sources of supply. The price acts as a self-correcting mechanism.

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Oil Supplies Market Oil Prices 150

Green Car Congress

JULY 18, 2020

In the PODA model, the potential induced travel demand due to the lower oil prices under the COVID-19 pandemic is not explicitly considered. The neural network model, which is the core of the PODA model, has 42 inputs, 2 layers and 25 hidden nodes for each layer, with rectified linear units as the activation function.

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Gasoline Motor Motors Motoring 505

Green Car Congress

AUGUST 31, 2016

The collapse of oil prices has ground shale drilling to a halt, but the one region where drilling is still active, and even increasing, is in West Texas. Also, Concho Resources announced its decision to pay $1.6 8 article , QEP Resources paid $60,000 an acre to an undisclosed owner in June. As Bloomberg noted in an Aug.

Oil Prices 170

Oil Prices Oil Fort Worth Texas 170

Green Car Congress

DECEMBER 4, 2016

BP has sanctioned the $9-billion Mad Dog Phase 2 project in the United States, despite the current low oil price environment. Oil production is expected to begin in late 2021. The current Mad Dog platform has the capacity to produce up to 80,000 gross barrels of oil and 60 million gross cubic feet of natural gas per day.

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Mexico Chevron Oil Oil Prices 150

Green Car Congress

JULY 25, 2013

With prices expected to increase in the long term, however, the world oil price in real 2011 dollars reaches $106 per barrel in 2020 and $163 per barrel in 2040, according to IEO2013. To satisfy the increase in world liquids demand in the Reference case, liquids production increases by 28.3 million barrels per day.

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2010 Transportation Fuel Energy 317

Green Car Congress

JULY 26, 2013

The price disparity between crude oil and other resources, coupled with the emergence of cheap and abundant shale gas, especially in the United States, is opening up opportunities to produce cheaper gasoline, according to a new report from Lux Research. times the current production.

Waste 236

Waste Gasoline Gas Fuel 236

Green Car Congress

APRIL 28, 2014

CSIRO notes that the idea of using a coal engine to generate electricity is not new; it was successfully investigated in the US some 20 years ago for use in diesel locomotives before development was terminated by persistently low oil prices. —CSIRO Energy Group Executive, Dr. Alex Wonhas. DICE development network.

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Coal Carbon Engine Emissions 257

Green Car Congress

JULY 7, 2012

The Nikkei reports that the nationwide average price in Japan for regular gasoline was ¥139.8 per gallon US) as of Monday, dropping for the 13 th straight week to a 16-month low, according to the Agency for Natural Resources and Energy. per liter ($6.65

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Japan Gasoline Fuel Gasoline-Electric 258

Green Car Congress

DECEMBER 16, 2013

The differences from AEO2013 to AEO2014 result from different fuel prices, updated manufacturer product offerings, changing technology attributes, and an updated view of consumer perceptions of infrastructure availability for E85 vehicles. Tcf in 2040, as more demand is met by domestic production. quadrillion Btu in 2012 to 7.5

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Oil Light Energy Vehicles 290

Green Car Congress

APRIL 13, 2012

The ratio between the spot prices of crude oil and natural gas has been generally increasing since January 2009, but it has climbed rapidly in recent months, according to data from the US Energy Information Administration (EIA). The crude oil-to-natural gas spot price ratio has implications for production and consumption.

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Oil Gas Price Oil Prices 255

Green Car Congress

OCTOBER 9, 2017

With the successful scale-up of this technology, it is believed that Gevo’s HEDFs could be produced at a lower cost than the petroleum-based equivalent, even at current oil prices. Gevo has also developed technology to produce hydrocarbon products from renewable alcohols.

Renewable 150

Renewable Energy Fuel Minnesota 150

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. Current product flow at Kern River field. Data: California DOGGR.

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Chevron Oil Oil-Sands Production 244

Green Car Congress

JANUARY 23, 2012

EIA’s AEO2012 projects a continued decline in US imports of liquid fuels due to increased production of gas liquids and biofuels and greater fuel efficiency. It also assumed implementation of existing regulations that enable the building of new energy infrastructure and resource extraction. Source: EIA. Click to enlarge.

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Oil 2005 Production 2010 210

Green Car Congress

JANUARY 6, 2014

The model has four sub-components: vehicle, fuel production, electricity grid; and energy supply. Among their findings were: RFS2 is satisfied at extreme oil prices (at least $215/barrel). This oil price encourages biofuel use in the RFS2 timeframe, but not in the long run. —Westbrook et al. Barter, Dawn K.

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Oil Prices Gasoline-Electric Gasoline Oil 246

Green Car Congress

OCTOBER 16, 2011

Uncertainty range of the aviation GHG emissions under the High Oil price scenario (the most optimistic for biojet adoption), given in a box plot depicting the minimum, quartile, and maximum values. They excluded soybean out of concern to the disruption on food production and effects of land-use change. Click to enlarge.

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Emissions Oil Prices 2005 Fuel 225

Green Car Congress

APRIL 27, 2017

Oil discoveries declined to 2.4 Meanwhile, the volume of conventional resources sanctioned for development last year fell to 4.7 Meanwhile, the volume of conventional resources sanctioned for development last year fell to 4.7 The average break-even price in the Permian basin in Texas, for example, is now at US$40-45/bbl.

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Oil 2016 Oil-Sands Global 150