Green Car Congress
JULY 21, 2021
Despite volatility in global oil markets, US crude oil exports reached a record high in 2020, according to the US Energy Information Administration (EIA). As of 9 July 2021, US crude oil exports have averaged 3.00 The most recent four-week rolling average of US crude oil exports reached 3.51 million barrels per day (b/d).
Green Car Congress
APRIL 1, 2022
In an effort to address the rapidly increasing cost of gasoline, President Biden authorized the release of 1 million barrels of oil per day for the next six months—more than 180 million barrels—from the Strategic Petroleum Reserve (SPR). million barrels of sweet and 200,000 barrels of sour crude oil. President George W.
Green Car Congress
MARCH 8, 2014
Shell announced the production of the first clear base oil—the main component of motor oils—made from natural gas using its gas-to-liquids (GTL) PurePlus Technology. Shell PurePlus Technology is now being used to create motor oils for motorists in the United States. Gas-to-Liquids (GTL) Lubricating Oils'
Green Car Congress
JULY 23, 2012
CNOOC Limited—China’s largest producer of offshore crude oil and natural gas and one of the largest independent oil and gas exploration and production companies in the world—is acquiring all of the Common Shares of Canada-based energy company Nexen Inc. It is the second-largest oil producer in the UK North Sea.
Green Car Congress
APRIL 27, 2012
The majority (62%) of the plantations were located on the island of Sumatra, and more than two-thirds (69%) of all industrial plantations were developed for oil palm cultivation, with the remainder mostly being Acacia plantations for paper pulp production. Earlier post.). —Dr.
Green Car Congress
JULY 17, 2012
in 2010 and 2011, respectively. t margin for oil refiners. Put simply, the empirical results merely reflect the fact that ethanol production increased during the sample period whereas the ratio of gasoline to crude oil prices decreased. The paper by Prof. Christopher Knittel at MIT and Assoc. The estimate drops further to $0.09
Green Car Congress
DECEMBER 31, 2011
Flows through the Strait in 2011 were roughly 35 percent of all seaborne traded oil, or almost 20 percent of oil traded worldwide. ”. They are a critical part of global energy security due to the high volume of oil traded through their narrow straits. million bbl/d was crude oil. million bbl/d in 2009-2010.
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