Remove Oil Prices Remove Supplies Remove Texas Remove Wind
article thumbnail

Opinion: Here’s what will send oil prices back up again

Green Car Congress

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.

article thumbnail

IEA: Global oil discoveries and new projects fell to historic lows in 2016 while US shale surged; “two-speed” market

Green Car Congress

This sharp slowdown in activity in the conventional oil sector was the result of reduced investment spending driven by low oil prices. mb/d a year in the next five years, the IEA has repeatedly warned that an extended period of sharply lower oil investment could lead to a tightening in supplies.

Oil 150
article thumbnail

BP Statistical Review finds global oil share down for 12th year in a row, coal share up to highest level since 1969; renewables at 2%

Green Car Congress

Oil demand grew by less than 1%—the slowest rate amongst fossil fuels—while gas grew by 2.2%, and coal was the only fossil fuel with above average annual consumption growth at 5.4% The report also highlighted supply disruptions as one of the major energy events of the year. globally, and 8.4% in the emerging economies.

Coal 261
article thumbnail

The Game-Changing Water Revolution: Interview with Stanley Weiner

Green Car Congress

Globally, water demand is threatening to dangerously outpace supply, while in the US, dry states such as Texas and California are suffering from shortages and the future forebodes more suffering. How communities in Texas can be spared drought. We’re looking at continual drought and predictions of a new ‘mega drought’ for Texas.

Water 150
article thumbnail

Cleantech Blog: Smart Grids and Electric Vehicles

Tony Karrer Delicious EVdriven

High-Speed Rail Unlocks Intermodal Potential Texas Excess Ford Expands Hybrid Success to Electric Vehicles ► March (17) Carbon Capture and Storage: To Be or Not To Be? Solar, Wind and Biofuels Grew 53 Percent in 2008 Green Education = Environmental Religion? The World's First Clean Motocross Race On Electric. SZ (1) 6753.T

Grid 28