Green Car Congress
APRIL 8, 2020
The trajectory of North American gas supply is set to change radically as a result of the fall in oil prices that has occurred due to COVID-19 and the breakdown in production cooperation between OPEC and Russia, according to IHS Markit. Combined, the Bakken and Eagle Ford are producing nearly 3 MMbbl/d of oil and 7.2
Green Car Congress
MAY 30, 2018
Gasoline prices are also influenced by gasoline demand relative to gasoline supply. So how strong, indeed, is the relationship in the United States between crude-oil and gasoline prices? To answer that question, I examined the daily prices of crude oil (from EIA ) and regular gasoline (from GasBuddy ).
Teslarati
FEBRUARY 25, 2022
Tesla’s ( NASDAQ: TSLA ) plans to expand its production capacity, along with other factors like surging oil prices that could sway consumers to electric vehicles, have contributed to Daiwa Securities analysts upgrading their outlook on the automaker’s stock.
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.
Green Car Congress
JUNE 16, 2021
In the June Short-Term Energy Outlook (STEO), the US Energy Information Administration (EIA) forecasts that rising global production of petroleum and other liquid fuels (driven by OPEC, Russia, and the United States) will limit price increases for global crude oil benchmarks Brent and West Texas Intermediate (WTI).
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. There is no doubt that supply has increased.
Green Car Congress
DECEMBER 8, 2020
The Rockies saw the smallest slide (5.6%) but that is substantial enough to impact supply and demand balances as winter approaches. For decades, California led all US states in consumption of gasoline, but that position has been passed to Texas, which finds smaller year-on-year volume declines of 15.8%. and 1.1%, respectively.
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