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The Next Oil Price Spike May Cripple The Industry

Green Car Congress

Two diametrically opposed views dominate the current debate about where the oil price is heading. On the other hand, however, there is the view that the price of oil is set to explode, primarily due to underinvestment in the upkeep of brownfields , development of greenfields , and exploration for new resources. We will explain.

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Argonne releases new cradle-to-grave lifecycle analysis of US LDV vehicle-fuel pathways

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This analysis builds on a previous comprehensive life cycle analysis, updating that study’s 2016 assumptions and methods. The study provides a comprehensive analysis of the cost and greenhouse gas (GHG) emissions of a variety of vehicle-fuel pathways; the levelized cost of driving (LCD); and the cost of avoided GHG emissions.

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Tesla slashes prices across Europe on Model Y

Baua Electric

The 2024 Model Y (Source: Tesla) Tesla has slashed the prices of its Model Y across Europe this morning, after it reduced prices of its Model 3 and Model Y prices in China to undercut BYD, according to CNBC. In Germany, Tesla reduced the price of its Model Y Long Range by €5,000 to €49,990 ($54,340), a discount of 9%.

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IHS Markit: US oil production growth heading for a major slowdown, as capital discipline and weak prices play out

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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.

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Oil Well Strippers Suffering From Low Oil Prices

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With OPEC breaking down and any kind of coordination among its members on price cuts looking increasingly unlikely, it now appears that oil prices could remain below $50 a barrel for a year or more. Stripper wells cost very little to drill, often as little as $300,000 versus millions for a conventional well. Mcf of natural gas.

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ICCT: incremental technology can cut vehicle CO2 by half and increase fuel economy >60% through 2030 with ~5% increase in price

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l/100 km) in 2016, the The ICCT team assessed increased consumer label fuel economy (as opposed to the regulatory test fuel economy) to 35 mpg (6.71 The resulting trajectory would reduce CO 2 emissions by half and increase fuel economy by more than 60% from 2016 through 2030. Starting from a baseline 26 mpg (9.04 Source: The ICCT.

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$10-Trillion Investment Needed To Avoid Massive Oil Price Spike Says OPEC

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On the one hand, OPEC does not see oil prices returning to triple-digit territory within the next 25 years, a strikingly bearish conclusion. The group expects oil prices to rise by an average of about $5 per year over the course of this decade, only reaching $80 per barrel in 2020.