2000 Oil Prices Production Supplies 
Green Car Congress
AUGUST 15, 2018
The rivalry between Saudi Arabia and Iran is becoming increasingly evident in the oil pricing policies of the two large Middle Eastern producers. The two countries are currently reigniting the market share and pricing war ahead of the returning U.S. sanctions on Iranian oil. efforts to curb Iranian production.
Green Car Congress
FEBRUARY 23, 2017
China is the global leader in methanol use and has recently expanded its methanol production capacity. Annual methanol consumption in China, 2000-16. These changes were driven by an analysis of methanol use in China and the incorporation of more detailed information on the refined product markets in China and other non-OECD countries.
Green Car Congress
OCTOBER 17, 2009
World production of fossil fuels—oil, coal, and natural gas—increased 2.9% million tons of oil equivalent (Mtoe) per day, according to a Worldwatch Institute analysis. Energy prices reflected this shift: oil peaked at $144 per barrel in July, then fell to $34 per barrel in December. Oil production reached 10.7
Green Car Congress
JULY 13, 2016
Because of this, the collective US shale industry has been likened to the new “swing producer”: low oil prices force quick cutbacks but higher prices trigger new supplies. A tighter supply of services will drive up rates. In essence, shale could balance the market in the way OPEC used to.
Green Car Congress
APRIL 27, 2017
This sharp slowdown in activity in the conventional oil sector was the result of reduced investment spending driven by low oil prices. There, investment rebounded sharply and output rose, on the back of production costs being reduced by 50% since 2014. Liquids production from US shale plays is expected to expand by 2.3
Green Car Congress
JUNE 13, 2012
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.
Green Car Congress
MARCH 20, 2012
The divergence of West Texas Intermediate (WTI) and Brent crude oil prices in 2011 affected refinery utilization in the United States, particularly in the East Coast (PADD 1) and Midwest (PADD 2) regions, according to a report from the US Energy Information Administration (EIA). As a result, PADD 2 average crude oil inputs of nearly 3.4
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