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Opinion: Everyone Is Guessing When It Comes To Oil Prices

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Predicting and diagnosing the trajectory of oil prices has become something of a cottage industry in the past year. But along with all of the excess crude flowing from the oil patch, there is also an abundance of market indicators that while important, tend to produce a lot of noise that makes any accurate estimate nearly impossible.

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ICCT suggests minor changes to Fed tax policy to cut higher investment risk of 2nd-gen biofuels and advance the industry

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Minor changes to an existing Federal tax incentive for second-generation biofuels (i.e., Minor changes to an existing Federal tax incentive for second-generation biofuels (i.e., In addition, the industry faces barriers from the impending “blend wall” of 10% ethanol in gasoline and uncertainty regarding policies and oil prices.

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US average retail gasoline prices ended 2017 lower than they started

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In 5 of the 10 cities for which EIA collects weekly retail price data, gasoline prices exceeded $3.00/gal Rising crude oil prices and high levels of gasoline demand contributed to rising gasoline prices from January through May. Average prices for the entire East Coast region moved within a range of $2.25/gal

Gasoline 236
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Purdue analysis finds H2Bioil biofuel could be cost-competitive when crude is between $99–$116/barrel

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Three different carbon tax scenarios are analyzed: no carbon tax, $55/metric ton carbon tax and $110/metric ton carbon tax. This break-even crude oil price compares favorably with the literature estimated prices of fuels from alternate biochemical and thermochemical routes. —Singh et al.

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Petrol and diesel price cut by Rs 2 per litre       | Autocar Professional

Baua Electric

So, the prices of petrol and diesel are linked to international benchmarks. The retail prices of the fuels also depend on factors such as exchange rate, shipping charges, inland freight, refinery margin, dealer commission, central taxes, and state value-added tax.

Petrol 52
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VTT study concludes gasification-based pathways can deliver low-carbon fuels from biomass for about 1.90-2.65 US$/gallon

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The horizontal red lines show the comparable price of gasoline (before tax, refining margin 0.3 $/gal, exchange rate: 1 € = 1.326 $) with crude oil prices 100 $/bbl and 150 $/bbl. US$/gallon US), with first-law process efficiency in the range of 49.6–66.7%—depending Source: VTT. 0.7 €/liter (app. 0.7 €/liter.

Carbon 218
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The New Oil Cartel Threatening OPEC

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The reason they are likely to join in is that unlike in previous oil price cycles, now there are alternatives to fossil fuels. Electrification is where OPEC may have to face off with a future oil buyers’ cartel. Another survey identified price and range as additional roadblocks towards the mass adoption of EVs in India.

Oil 170