Green Car Congress
JANUARY 13, 2017
Oil prices faltered at the start of the second week of the year, as fears set in about a rapid rebound in US shale production. Aside from a single week in October, the US oil industry has deployed more rigs in every week dating back to June, a remarkable run that has resulted in more than 200 fresh rigs drilling for oil.
DIY Electric Car
NOVEMBER 28, 2010
There have been 5 recession since then until now and I wanted to see if Oil had anything to do with them, because deep in my heart, I knew the most recent recession was directly caused by the oil price spikes that started in 2007 and peaked in 2008. This increase in oil prices again pushed the economy into a recession.
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. Today, the leaner $9-billion project, which also includes capacity for water injection, is projected to be profitable at or below current oil prices.
Green Car Congress
JANUARY 3, 2012
Total’s subsidiary, Total E&P USA, Inc. This is consistent with our strategy to develop positions in unconventional plays with large potential and, in this case, with value predominantly linked to oil price. a subsidiary of Chesapeake Energy Corporation and affiliates of its partner EnerVest Ltd.
Green Cars News
MAY 25, 2009
Factors believed to have influenced the decrease include record-high oil prices as well as a decline in economic activity. Oil-related emissions dropped by six per cent - which accounts for the bulk of the overall reduction in energy related CO2 emissions.
Wallbox
JANUARY 4, 2021
Moreover, with the massive drop in oil prices , gas-powered vehicles are more economical to operate, which makes it harder to argue that EVs will help drivers save money on fuel. This act illustrates that there is a significant portion of the USA that is eager for higher sustainability standards, which would bolster EV growth.
Green Cars News
JUNE 28, 2009
With oil prices surging in the summer of 2008, the annual increase in global emissions of carbon dioxide (CO2) from oil, coal, gas and cement production appear to have halved according to preliminary estimates by the Netherlands Environmental Assessment Agency. Who said no good has come from the global financial crisis?
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