Green Car Congress

JANUARY 21, 2015

The lower count provides fresh evidence that low oil prices are forcing drillers to pare back operations and slash spending. While that may soon begin to cut into actual production figures, a new Wood Mackenzie report finds a lot of nuance in the oil patch, painting a complex picture of what to expect in 2015.

Oil Prices 150

Oil Prices Oil Price Mexico 150

Green Car Congress

MARCH 24, 2016

Oil prices have climbed by about 50 percent from their February lows, topping $40 per barrel. But the rally could be reaching its limits, at least temporarily, as persistent oversupply and the prospect of new shale production caps any potential price increase. million barrels per day (mb/d) in April 2015.

Oil Prices 150

Oil Prices Oil Price North Dakota 150

Green Car Congress

DECEMBER 17, 2014

The average US household will spend about $550 less on gasoline in 2015 compared with 2014, as annual motor fuel expenditures are on track to fall to their lowest level in 11 years, according to projections by the US Energy Information Administration (EIA). The price for US regular gasoline has fallen 11 weeks in a row to an average $2.55

2015 210

2015 Gasoline Fuel Economy MPG 210

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

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.

Oil Prices 150

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 by Thomas Miller for Oilprice.com. Bernard Weinstein, Ph.D.,

Oil Prices 150

Oil Prices Oil Price Dallas 150

Green Car Congress

JANUARY 5, 2019

US regular retail gasoline prices averaged $2.72 However, a rapid price decline beginning in October led to US average regular gasoline prices ending the year lower than they began for the first time since 2015, according to the US Energy Information Administration (EIA). gal at least once in 2018. gal to $2.91/gal

Gasoline 236

Gasoline San Francisco 2017 Price 236

Green Car Congress

NOVEMBER 16, 2010

million by 2015 at a compound annual growth rate (CAGR) of 28% (2010-2015), according to the report. China alone will experience a CAGR of 76% to reach 554,114 unit sales of all electrified vehicles by 2015, and will represent 53% of total regional sales. billion in 2015. By 2015, Bae expects that a total of 2.6

Asia 236

Asia 2015 China Market 236

Green Car Congress

JANUARY 5, 2018

US regular retail gasoline prices averaged $2.41 per gallon in 2017, 27 cents/gal (13%) higher than in 2016, but two cents/gal less than in 2015, according to the US Energy Information Administration (EIA). Higher crude oil prices in 2017 contributed to higher gasoline prices. gal at some point in the year.

San Francisco 150

San Francisco 2017 Gasoline 2016 150

Green Car Congress

FEBRUARY 13, 2011

The study is not a forecast sales of electric vehicles; rather, it estimates electric vehicle deployment by state, using other forecasts of total electric vehicle sales in the US to generate a reasonable approximation of what electric vehicle sales might look like for the period 2012 to 2015.

2015 236

2015 Electric Vehicles Vehicles Sale 236

Green Car Congress

SEPTEMBER 21, 2015

DUC’s have been the story of 2015 though they have had little effect on stopping the declines being put in. But shale is not a switch when it comes to controlling commodity prices, which are much more impatient. Back in the good old days—2012 or so—a single stage on a shale job was being priced at $125,000 or more.

Oil Prices 150

Oil Prices Oil Oil-Sands Price 150

Green Car Congress

APRIL 29, 2022

China’s crude oil processing has also declined because relatively high crude oil prices are making importing crude oil more expensive. Because of these quotas, in February 2022, China exported the lowest amount of diesel since early 2015.

Oil 370

Oil Gasoline China Diesel 370

Green Car Congress

FEBRUARY 8, 2011

The US Department of Energy (DOE) has released One Million Electric Vehicles by 2015 , a short status report on advances in deployment and progress to date in meeting President Obama’s goal of putting one million plug-in electric vehicles (PEV) on the road by 2015. Estimated US supply of PEVs from 2011-2015. Ford Focus EV.

2015 210

2015 Plug-in Tax Credit Plug 210

Green Car Congress

NOVEMBER 7, 2014

And while oil prices slumped in October, drilling activity continues to rise, according to Baker Hughes , the third-largest oil services company. RBC Capital Markets estimates that 20,061 horizontal wells will be drilled in the United States alone this year, with that number increasing by well over 1,000 in 2015.

Oil 261

Oil Oil Prices Texas United States 261

Green Car Congress

NOVEMBER 7, 2019

This comes at a time when companies are facing a prolonged period of lower prices and when access to financing from capital markets has become difficult, the report says. The combination of closed capital markets and weak prices are pulling cash out of the system. —Raoul LeBlanc. —Raoul LeBlanc. —Raoul LeBlanc.

Oil 170

Oil Price Oil Prices Production 170

Green Car Congress

APRIL 10, 2009

A new study by the French institute Enerdata, commissioned by the European Federation for Transport & Environment (T&E), suggests that the European CO 2 standards for new vehicles due to come into effect in 2012 will lead not only to a European savings on oil (mainly via lower oil import volumes) but also to slightly lower global oil prices.

Oil 150

Oil Standards Price Oil Prices 150

Green Car Congress

OCTOBER 29, 2015

We are a little more than a month away from OPEC’s next meeting, which will be held in Vienna on December 4, 2015. OPEC altered the course of the oil markets last year when it decided to cast aside its traditional role of maintaining balance through production cuts. Oil prices will rise over the next year or so as U.S.

Saudi Arabia 150

Saudi Arabia Price Iraq Oil Prices 150

Green Car Congress

DECEMBER 28, 2015

million vehicles in 2015 to 3.9 between 2015 and 2025. Navigant expects that with a wider gap between natural and liquid fuel prices and more aggressive incentives, Western Europe and to a lesser degree Asia Pacific, will continue to see NGV growth, but at a lower rate than previous projections. million in 2025. of all LDVs.

2015 150

2015 Gas Global North America 150

Green Car Congress

JULY 22, 2015

With the recently concluded nuclear deal between Iran and the P5+1 countries, oil prices have already started heading downward on sentiments that Iran’s crude oil supply would further contribute to the already rising global supply glut. oil sector is likely to witness a lot more layoffs than we have seen so far?

Oil Prices 150

Oil Prices Oil 2015 Price 150

Green Car Congress

AUGUST 9, 2016

Natural gas spot prices shot up following the data release on August 4, although they fell back again shortly after. Natural gas consumption patterns are much more seasonal than for oil. Nine of the ten highest power burn days on record took place last month, with the other one occurring in July 2015. Average consumption of 36.1

Gas 150

Gas Price Gas-Electric Oil 150

Green Car Congress

FEBRUARY 4, 2011

A new study sponsored by Indiana University concludes that President Obama’s vision of one million plug-in electric vehicles (PEVs) on US roads by 2015 will require concentrated efforts action from all stakeholders— the auto industry, federal government, the scientific community, and consumers—to be realized.

Plug-in 218

Plug-in 2015 Plug Recharge 218

Green Car Congress

SEPTEMBER 18, 2015

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. the latest price rout could stop US growth in its tracks.”.

Oil 150

Oil Oil-Sands Oil Prices 2015 150

Green Car Congress

JULY 28, 2015

The undisputed king of oil and gas is making some moves that could change the face of the global refining sector. In June 2015, Saudi Arabia pumped a record 10.564 million barrels a day, a record level. The gross refining margin is nothing but the difference between the value of the refined products and price of the crude oil.

Saudi Arabia 150

Saudi Arabia Price Oil India 150

Green Car Congress

FEBRUARY 17, 2012

Ultimately, widespread commercialization will depend on whether these ventures can reach price. Key trends identified in the report include: Oil prices are expected to climb over the next decade, driving increased interest in. Cellulosic biofuels progress likely to disappoint through 2015/2016, leading to the further.

Global 253

Global Market 2012 Financing 253

Green Car Congress

MAY 17, 2012

High oil prices, impending emissions regulations and technical advancements are propelling the market faster than we expected. A key factor is International Maritime Organization Tier III emissions standards, which are slated to take effect in 2015-2016. What surprised us is the rate.

Fuel 218

Fuel South Korea Mariner Finland 218

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. told the WSJ. “

Oil 150

Oil Saudi Arabia Supplies Oil Prices 150

Green Car Congress

MARCH 8, 2017

OPEC’s coordinated effort to curtail global supply has so far managed to put a floor under oil prices, which have been sitting modestly above US$50 since the deal was announced at the end of November last year. Analysts and experts are now mostly predicting that oil prices will remain below US$60 this year.

Oil Prices 170

Oil Prices Saudi Arabia Oil Price 170

Green Car Congress

APRIL 10, 2015

Simply put, the world has too much oil at the moment which has resulted in the reduction of price levels from approximately $100 to $50 a barrel, and OPEC (as well as US shale producers) has a major role to play in this supply glut. It also has the fifth largest proven crude oil reserves in the world.

Saudi Arabia 150

Saudi Arabia Venezuela Iran Nigeria 150

Green Car Congress

MAY 13, 2015

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 is a lag between movements in the oil price and corresponding changes in production. But the effects of the oil price crash are now being felt.

Saudi Arabia 150

Saudi Arabia Oil Prices Oil Price 150

Green Car Congress

NOVEMBER 4, 2021

In the paper, the researchers link econometric models of the production profitability of 1,933 global oilfields (representing about 90% of the world’s supply in 2015) with their production carbon intensity, a measure of the amount of carbon emitted per unit of energy (or barrel of oil) produced. —Mohammad Masnadi.

Oil 305

Oil Carbon Global Market 305

Green Car Congress

APRIL 27, 2017

Between January 2016 and March 2017, oil production in the Permian Basin increased in all but three months, even as domestic crude oil prices fell. As production in other regions fell throughout most of 2015 and 2016, the Permian provided a growing share of US crude oil production.

Oil 170

Oil Production New Mexico Oil Prices 170

Green Car Congress

APRIL 14, 2015

The Annual Energy Outlook 2015 (AEO2015) released today by the US Energy Information Administration (EIA) projects that US energy imports and exports will come into balance—a first since the 1950s—because of continued oil and natural gas production growth and slow growth in energy demand. With greater U.S.

2020 150

2020 Energy Transportation Oil Prices 150

Green Car Congress

JUNE 24, 2015

The point is, with volumes languishing (and probably poised to decline) tied to a flat oil futures price curve and with economics marginal at $60 per barrel, many E&P operators find themselves running through hedges in 2015 and still in need to finance their already reduced capital spending.

Oil 150

Oil Industry Industrial 2016 150

Green Car Congress

NOVEMBER 23, 2017

In January 2015 Sasol announced it was delaying a final investment decision on the proposed project near Lake Charles, Louisiana to conserve cash in response to lower oil prices. Sasol’s foundation businesses are cash positive at a US$40 per barrel oil price.

Oil Prices 150

Oil Prices Louisiana South Africa Oil 150

Green Car Congress

AUGUST 13, 2015

In the last quarter of 2014, in the face of possible oversupply, Saudi Arabia abandoned its traditional role as the global oil market’s swing producer and therefore it role as unofficial guarantor of existing ($100+ per barrel) prices. Prices rebounded to $60 for a few months, before falling once again below $50.

Saudi Arabia 150

Saudi Arabia Oil Iraq Iran 150

Green Car Congress

MARCH 24, 2015

Oil companies continue to get burned by low oil prices, but the pain is bleeding over into the financial industry. Major banks are suffering huge losses from both directly backing some struggling oil companies, but also from buying high-yield debt that is now going sour. by Nick Cunningham of Oilprice.com.

Energy 150

Energy Oil Prices Oil Price 150

Green Car Congress

JUNE 1, 2016

It might be that we see quite a dramatic reduction in replacing the capacity and of course that will have an impact, eventually, on price.”. Oil companies are making painful cuts to spending, which will translate into much lower production than expected in the years ahead. The price acts as a self-correcting mechanism.

Oil 150

Oil Supplies Market Oil Prices 150