Green Car Congress

JUNE 23, 2016

The impact of rising oil prices on North American light tight oil (LTO) production is said to be a “Catch 22”, the title of Joseph Heller’s popular 1961 novel set in WWII. Too many analysts continue to believe drilling and service has the same problem with rising oil prices. by David Yager for Oilprice.com.

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Oil Prices Oil Price Oil-Sands 150

Green Car Congress

MARCH 13, 2015

Lest we be too quick to forget whence we came, America is now 9-months into lower gasoline prices, which started their swoon the week of June 30, 2015 from a lofty national average just under $3.70, tumbling almost every subsequent week before bottoming and bouncing from $2.02 quota, with oil already allocated away from the U.S.,

Oil Prices 150

Oil Prices Oil Price Dallas 150

Green Car Congress

DECEMBER 30, 2015

The OPEC published its World Oil Outlook 2015 (WOO) in late December, which struck a much more pessimistic note on the state of oil markets than in the past. On the one hand, OPEC does not see oil prices returning to triple-digit territory within the next 25 years, a strikingly bearish conclusion.

Oil Prices 150

Oil Prices Oil Price Climate Change 150

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.

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Oil Prices Oil Price Saudi Arabia 150

Green Car Congress

JUNE 1, 2016

Total global oil production could decline for the next several years in a row as scarce new sources of supply come online. According to data from Rystad Energy, overall global oil output will fall this year as natural depletion overwhelms all new sources of supply. The price acts as a self-correcting mechanism.

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Oil Supplies Market Oil Prices 150

Green Car Congress

AUGUST 7, 2015

Many oil companies had trimmed their budgets heading into 2015 to deal with lower oil prices. But the collapse of prices in July—owing to the Iran nuclear deal, an ongoing production surplus, and economic and financial concerns in Greece and China—have darkened the mood. by Nick Cunningham of Oilprice.com.

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Oil Saudi Arabia Supplies Oil Prices 150

Green Car Congress

OCTOBER 12, 2012

Profound shifts in the regional distribution of oil demand and supply growth will redefine the refining industry and transform global oil trade over the next five years, according to the annual Medium-Term Oil Market Report (MTOMR) released by the International Energy Agency (IEA).

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Oil Oil-Sands Global Oil Prices 255

Green Car Congress

JULY 25, 2013

However, fossil fuels continue to supply nearly 80% of world energy use through 2040. Natural gas is the fastest-growing fossil fuel, as global supplies of tight gas, shale gas, and coalbed methane increase. per year over the projection period, but remain a relatively minor share of total liquids supply through 2040.

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2010 Transportation Fuel Energy 317

Green Car Congress

JANUARY 6, 2014

The model has four sub-components: vehicle, fuel production, electricity grid; and energy supply. Among their findings were: RFS2 is satisfied at extreme oil prices (at least $215/barrel). This oil price encourages biofuel use in the RFS2 timeframe, but not in the long run. —Westbrook et al. Barter, Dawn K.

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Oil Prices Gasoline-Electric Gasoline Oil 246

Green Car Congress

NOVEMBER 10, 2009

Accenture has identified 12 technologies that it concludes have the potential to disrupt the current views of transport fuels supply, demand and GHG emissions over the next 10 years. by 2014) and also examines different global markets. Will be competitive at an oil price of $45 to $90 at their commercial date.

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Transportation Supplies Emissions Fuel 262

Green Car Congress

SEPTEMBER 21, 2015

On September 10 th , the EIA reported a production decline in the Lower 48—essentially shale production—of 208,000 BOPD (barrels of oil per day). That is a staggeringly enormous number, approximately 10 percent of the estimated global over-supply. And markets won’t wait to adjust pricing until we hit a balance.

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Oil Prices Oil Oil-Sands Price 150

Green Car Congress

JANUARY 15, 2014

No EDV deployment occurs with high battery costs, low oil prices, and no CO 2 policy. higher oil prices, a CO 2 policy, lower battery cost—the median market shares increase. higher oil prices, a CO 2 policy, lower battery cost—the median market shares increase. —Babaee et al.

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Emissions Oil Prices Vehicles Oil 236

Green Car Congress

JULY 21, 2015

FedEx joins Southwest Airlines, which signed a purchase agreement with RedRock in November 2014 for about 3 million gallons per year, in purchasing Red Rock’s total planned available volume of jet fuel. The agreement runs through 2024, with first delivery expected in 2017. Earlier post.).

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Renewable Supplies Fuel Oil Prices 150

Green Car Congress

JANUARY 5, 2019

In 5 of the 10 cities for which EIA collects weekly retail price data, gasoline prices exceeded $3.00/gal Rising crude oil prices and high levels of gasoline demand contributed to rising gasoline prices from January through May. gal at least once in 2018. per gallon between October and December.

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Gasoline 2017 San Francisco Price 236

Green Car Congress

APRIL 10, 2015

With its headquarters in Vienna, Austria, one of the mandates of 12-member OPEC is to “ensure the stabilization of oil markets in order to secure an efficient, economic and regular supply of petroleum to consumers, a steady income to producers, and a fair return on capital for those investing in the petroleum industry.” Iraq’s Issues.

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Saudi Arabia Venezuela Iran Nigeria 150

Green Car Congress

JULY 8, 2021

US regular gasoline retail prices averaged $2.78 In June, monthly retail gasoline prices averaged $3.06/gal, gal since October 2014 (in nominal terms). EIA forecasts regular-grade gasoline prices to average $2.92/gal per gallon (gal) in 1H21, compared with an average of $2.20/gal gal in 1H20. gal in 2H21 and $2.74/gal

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2019 Global Fuel Gasoline-Electric 243

Green Car Congress

AUGUST 6, 2015

A flood of bearish news has pushed down oil prices to their lowest levels in months, with WTI nearing $45 per barrel and Brent flirting with sub-$50 territory. With a bear market back, there is pessimism throughout the oil markets. However, the WTI/Brent spread has shrunk more dramatically since the collapse in oil prices.

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Oil Prices Oil United States North America 150

Green Car Congress

SEPTEMBER 18, 2015

The party is over for tight oil. Despite brash statements by US producers and misleading analysis by Raymond James, low oil prices are killing tight oil companies. Reports this week from IEA and EIA paint a bleak picture for oil prices as the world production surplus continues. Click to enlarge.

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Oil Oil-Sands Oil Prices 2015 150

Green Car Congress

MAY 13, 2015

Saudi Arabia has increased production by 700,000 barrels per day since the fourth quarter of 2014 in an effort maintain market share. The resulting crash in oil prices is forcing some production out of the market, and Saudi Arabia intends for the brunt of that to be borne by others. There are several reasons for this.

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Saudi Arabia Oil Prices Oil Price 150

Green Car Congress

FEBRUARY 28, 2019

In contrast to what some media sources are suggesting, oil and gas demand will not diminish, on the contrary, oil and gas prices will rise due to a lack of supply. The latter is partly caused by “global warming constraints” and lower oil prices in general. Link to article: [link].

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Oil Industrial Industry Financing 231

Green Car Congress

AUGUST 7, 2015

Lower crude oil prices and strong demand for petroleum products, primarily gasoline, both in the United States and globally, have led to favorable margins that encourage refinery investment and high refinery runs. Total US motor gasoline product supplied is up 2.9% through the first five months of the year compared with 2014.

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Gasoline 2014 Louisiana Oil 150

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. The slump in the conventional oil sector contrasts with the resilience of the US shale industry. With global demand expected to grow by 1.2

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Oil 2016 Oil-Sands Global 150

Green Car Congress

FEBRUARY 23, 2017

The main effect of this change on the forecasted STEO liquid fuels market balances is that the higher consumption in 2014 raises the baseline to which the STEO forecast benchmarks. Most of China’s methanol supply is from domestic production. MTG units involve high capital costs and are only cost-competitive when oil prices are high.

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2000 2016 Fuel Gasoline 150

Green Car Congress

APRIL 14, 2015

AEO2015 presents updated projections for US energy markets through 2040 based on six cases (Reference, Low and High Economic Growth, Low and High Oil Price, and High Oil and Gas Resource) that reflect updated scenarios for future crude oil prices. trillion cubic feet (Tcf) in the Low Oil Price case to 13.1

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2020 Energy Transportation Oil Prices 150

Green Car Congress

JANUARY 6, 2022

The United States was the largest source of LNG supply growth in 2021, adding 25 million metric tons (MMt) amid continued buildup of liquefaction capacity as well as the ramping up of output from plants turned down the previous year. MMt set in 2014. Total loaded LNG supply in 2021 reached 396.3 MMt, up 5.5% increase or 1.6

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Qatar China United States Brazil 186

Green Car Congress

MAY 20, 2015

Oil prices have rebounded strongly since March. The benchmark WTI prices soared by more than 36 percent in two months, and Brent has jumped by more than 25 percent. In the Bakken, oil production actually increased by 1 percent in the month of March, a surprise development reported by the North Dakota Industrial Commission.

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Oil North Dakota Oil Prices Price 150

Green Car Congress

NOVEMBER 20, 2016

But while it produces at similar levels as Russia and the US, it is long been a vastly more influential player in the oil world. That is because of two reasons—the size of its reserves, and the ability to use latent spare capacity to quickly adjust supply, affording it an outsized influence on crude oil prices.

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Saudi Arabia Oil Russia Oil Prices 150

Green Car Congress

JANUARY 17, 2015

The report, “ Renewable Power Generation Costs in 2014 ”, concludes that biomass, hydropower, geothermal and onshore wind are all competitive with or cheaper than coal, oil and gas-fired power stations, even without financial support and despite falling oil prices. —“Renewable Power Generation Costs in 2014”.

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Renewable Parts Power Powered 150

Green Car Congress

JUNE 30, 2015

United has also negotiated a long-term supply agreement with Fulcrum and, subject to availability, will have the opportunity to purchase at least 90 million gallons of sustainable aviation fuel a year for a minimum of 10 years at a cost that is competitive with conventional jet fuel.

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Renewable Fuel Alternative Fuels Production 150

Green Car Congress

FEBRUARY 8, 2011

Estimated US supply of PEVs from 2011-2015. and model 2011 2012 2013 2014 2015. The cumulative impacts of the various policy initiatives, the experience of the early purchasers of electric-drive vehicles and future oil prices will all play a role in determining future consumer demand. Fisker Karma EREV. Fisker Nina EREV.

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2015 Plug-in Tax Credit Plug 210

Green Car Congress

JUNE 7, 2017

It uses linear programming to estimate energy supply shifts over a multi-decadal timeframe, finding the least-cost means to supply specified demands for energy services subject to user-defined constraints, assuming a fully competitive market.

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Emissions Economy Gasoline-Electric Coal 150

Green Car Congress

SEPTEMBER 10, 2014

World petroleum and other liquid fuels consumption will increase 38% by 2040, spurred by increased demand in the developing Asia and Middle East, according to the Reference Case projections in International Energy Outlook 2014 ( IEO2014 ), released by the US Energy Information Administration (EIA). oil shale), and refinery gain.

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Asia Transportation Oil-Sands Oil Prices 341

Green Car Congress

APRIL 15, 2017

This year, shale output forecasts combine with OPEC’s production cuts, geopolitical factors, and unexpected outages to further complicate supply/demand and oil price forecasts by Wall Street’s major investment banks. shale production, new oil discoveries, and new project start-ups also differ a lot. shale output.

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Oil Supplies Oil Prices 2017 150

Green Car Congress

OCTOBER 27, 2010

The first commercial-scale facilities with a potential production capacity of 1 million gallons will likely come online in the 2014 to 2016 window, Pike forecasts, although construction delays, a lack of capital, and lingering investment risk could potentially obstruct growth. Algae’s ultimate threat is over-hype.

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2020 Production Water Oil Prices 319

Green Car Congress

DECEMBER 16, 2013

Reflecting slow growth in travel and accelerated vehicle efficiency improvements, US light-duty vehicle (LDV, cars and light trucks) energy use will decline sharply between 2012 and 2040, according to the US Energy Information Administration’s (EIA’s) Annual Energy Outlook 2014 (AEO2014) Reference case released today. Tcf in 2012 to 2.1

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Oil Light Energy Vehicles 290

Green Car Congress

FEBRUARY 25, 2010

The expanded upgrader capacity would be supplied by bitumen from the undeveloped Aurora South mine. Construction on a second mining train is planned to begin around 2014 with production commencing towards the end of the decade.

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Oil-Sands Oil 2020 Canada 199

Green Car Congress

AUGUST 9, 2013

Critics cite the steep crude oil price discounts for Canadian producers in the past year as further evidence that rail is not economic. On average in 2012, the price of heavy oils sands was $27 per barrel lower than a comparable barrel on the US Gulf Coast (USGC), and for short periods the difference was more than $40 per barrel.

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Venezuela Oil-Sands Oil Canada 275