Green Car Congress

AUGUST 25, 2017

Two diametrically opposed views dominate the current debate about where the oil price is heading. But, WoodMackenzie says, many of these still-to-be-launched projects are uneconomical at oil prices in the $50s per barrel, meaning that they should not be expected to get the all-clear anytime soon. Since (non-U.S.

Oil Prices 170

Oil Prices Oil Industrial Industry 170

Green Car Congress

SEPTEMBER 13, 2020

Roskill expects demand for molybdenum to drop by more than 8% in 2020. The price of molybdenum oxide reached a peak of US$12.5/lb By December, the molybdenum oxide price stood at US$9.5/lb In the first half of 2020, the Brent crude oil price crashed from US$67.3/bbl bbl in April 2020. decline in 2019.

2020 186

2020 2019 2018 Oil 186

Green Car Congress

DECEMBER 22, 2014

The collapse in world oil prices in the second half of 2014 will have only a moderate impact on the fast-developing low-carbon transition in the world electricity system, according to research firm Bloomberg New Energy Finance. However, the slump in the Brent crude price per barrel from $112.36 on 30 June to $61.60

Oil Prices 268

Oil Prices Oil Price Carbon 268

Green Car Congress

FEBRUARY 19, 2015

It may be difficult to look beyond the current pricing environment for oil, but the depletion of low-cost reserves and the increasing inability to find major new discoveries ensures a future of expensive oil. The IEA predicts that the oil industry will need to spend $850 billion annually by the 2030s to increase production.

Oil Prices 150

Oil Prices Oil Price Iraq 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. mb/d for 2035 to 2040.

Oil Prices 150

Oil Prices Oil Price Climate Change 150

Green Car Congress

MAY 9, 2020

The second quarter of 2020 will see the largest volume of liquids production cuts, including shut-in production, in the history of the oil industry, according to IHS Markit. The Great Shut-In, a rapid and brutal adjustment of global oil supply to a lower level of demand is underway. But there is nowhere to hide.

Oil 170

Oil 2020 Global Oil Prices 170

Green Car Congress

AUGUST 7, 2020

Oil markets have returned to relatively stable ground with Brent prices within a narrow $40-$45 per barrel range and could conclusively pass the $50 per barrel mark in the second half of 2021, according to Roger Diwan and the IHS Markit Energy Advisory Service. bbl in 2020 and $49.25/bbl bbl in 2021—up $7.09/bbl bbl and $5.25/bbl,

Saudi Arabia 186

Saudi Arabia Oil Oil Prices Price 186

Green Car Reports

JULY 12, 2018

Analysts forecast oil prices may double by 2020. The Volkswagen eGolf is in extremely short supply. Los Angeles introduces the first electric double-decker bus. And Ontario, Canada, ends a rebate program for electric cars and chargers. All of this and more on Green Car Reports.

Oil Prices 60

Oil Prices Los Angeles 2020 Oil 60

Green Car Reports

APRIL 13, 2020

The research firm Wood Mackenzie last Wednesday already suggested that it will—and that global sales of electric vehicles could drop 43 percent in 2020. Could the economic downturn triggered by the COVID-19 pandemic affect electric vehicle sales? The firm’s research ratcheted EV sales expectations way down from 2.2

Oil Prices 169

Oil Prices Sale Oil Market 169

Green Car Congress

JANUARY 23, 2022

After declining in 2020, the combined production of US fossil fuels (including natural gas, crude oil, and coal) increased by 2% in 2021 to 77.14 US crude oil production dropped slightly, by an estimated 1%, in 2021, but EIA expects it to increase by 6% in 2022 and 5% in 2023. quadrillion British thermal units.

Coal 448

Coal Production Fuel Oil 448

Green Car Congress

APRIL 18, 2020

IHS Markit is forecasting that global commercial vehicle production (GVW 4-8) volumes in 2020 compared to 2019 will be down 22% (more than 650,000 units) to 2.6 decline in global real GDP in 2020. million units, in the wake of the COVID-19 pandemic. China slowly gaining momentum after shutdown.

2020 191

2020 Commercial Global Production 191

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

2020 150

2020 Energy Transportation Oil Prices 150

Green Car Congress

MAY 3, 2020

gasoline demand would have put upward pressure on world oil prices. They added indirect rebound effects via income and world oil prices to the calculations because, in principle these could have non-trivial impacts on fuel savings. First, had fuel economy not improved, the higher level of U.S. Greene, Charles B.

Fuel Economy 482

Fuel Economy Economy Light 2018 482

Green Car Congress

APRIL 29, 2022

According to China’s National Bureau of Statistics, China processed a record 14 million barrels per day (b/d) of crude oil in 2021, a 4.6% increase from 2020. Crude oil processing in China was particularly high in the first half of 2021, in response to high demand both domestically and elsewhere in Asia.

Oil 370

Oil Gasoline China Diesel 370

Green Car Congress

JULY 18, 2020

They found that under the reference infection scenario, US gasoline demand grows slowly after a quick rebound in May, and is unlikely to recover to a non-pandemic level prior to October 2020. Therefore, beyond the immediate economic responses, the longer-term impact on the US economy may persist well beyond 2020.

Gasoline 505

Gasoline Motoring Motor Motors 505

Green Car Congress

AUGUST 28, 2017

On 27 October 2016, the International Maritime Organization (IMO) announced that beginning on 1 January 2020, the maximum sulfur content allowed in marine bunker fuel will be reduced from 3.50% mass by mass (m/m) to 0.50% m/m (35,000 ppm to 5,000 ppm)—five years earlier than many expected. Earlier post.) —Kurt Barrow.

Mariner 150

Mariner 2020 Fuel Oil 150

Green Car Congress

MARCH 27, 2020

The four-week average US gasoline demand for the week ending 6 March 2020 was 9.1 Further, according to the latest IHS Markit forecasts, the global auto industry will exerience an unprecedented and almost instant stalling of demand in 2020, with global auto sales forecast to plummet more than 12% from 2019 to 78.8 million units.

Gasoline 269

Gasoline 2020 Gasoline-Electric 2008 269

Green Car Congress

NOVEMBER 7, 2019

US shale production—the chief source of rapid growth that made the United States the world’s largest oil producer—is slowing down fast, says a new report by IHS Markit. It all represents the strongest headwinds for shale producers since the oil price collapse in 2015. Modest growth is expected to resume in 2022.

Oil 170

Oil Price Oil Prices Production 170

Green Car Congress

OCTOBER 7, 2021

The US Energy Information Administration (EIA) projects that, absent significant changes in policy or technology, world energy consumption will grow by nearly 50% between 2020 and 2050. The four side cases show the effects of changing key model assumptions about economic growth and world oil price.

Global 259

Global Emissions Energy Asia 259

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. Morgan Stanley, however, begs to differ, and has recently said that “ by 2020, we estimate that [around] 1.5

Oil 150

Oil Supplies Oil Prices 2017 150

Green Car Congress

JULY 8, 2021

million barrels per day (b/d) for all of 2020, down by 8.6 US liquid fuels consumption in 2020 averaged 18.1 As outlined in its current Short-Term Energy Outlook , the US Energy Information Administration (EIA) estimates that global consumption of petroleum and liquid fuels averaged 92.3 million b/d from 2019. million b/d in 2021.

2019 243

2019 Global Fuel Gasoline-Electric 243

Green Car Congress

JANUARY 23, 2019

The latest crash in oil prices once again raises this prospect. On the one hand, lower oil prices – despite the recent rebound, prices are still down sharply from a few months ago – can cause some E&Ps to want to hold off on drilling new wells. It’s really 2020 and 2021.”. production levels.

Oil 236

Oil Oil Prices 2019 Price 236

Green Car Congress

APRIL 7, 2021

EIA also forecasts the Brent crude oil price will average $64 per barrel this summer, a 78% increase from last summer’s average of $36 per barrel. That price increase paired with an increase in gasoline and diesel demand will likely increase the cost of regular gasoline and diesel fuel this summer. million b/d from March 2020.

2019 186

2019 Fuel Coal 2020 186

Green Car Congress

OCTOBER 27, 2010

billion by 2020. Countries with significant dependence on foreign imports of oil will likely show increased interest in algae-based biofuels if oil prices continue to rise over the next decade. However, such approaches face the threat of GMO regulations and may take more than a decade to reach commercial viability.

2020 319

2020 Production Water Oil Prices 319

Green Car Congress

FEBRUARY 12, 2019

CAR’s forecast includes a continuation of sales declines in 2020 and 2021 down to 16.5 Solid new housing starts and home prices rebounding to pre-recession levels. The Center for Automotive Research’s (CAR’s) updated automotive sales outlook forecasts US light-duty vehicle sales at 16.8 million units for 2019. million units in 2021.

2019 170

2019 Light Sale Vehicles 170

Green Car Congress

JANUARY 6, 2022

Average utilization for US plants climbed from 43% in third quarter 2020 to 98% in third quarter 2021. A new map of LNG is taking shape as 2021 became the year of rapid recovery, making the oversupply and price lows of 2020 seem like a distant memory. Brazil more than tripled its 2020 imports by receiving 7.5

Qatar 186

Qatar China United States Brazil 186

Green Car Congress

JUNE 1, 2016

But Statoil’s CFO said the world could start to see supply problems by 2020. A sharp rise in oil prices would spur new investment and new drilling. The price acts as a self-correcting mechanism. When oil prices go up, people buy fuel efficient cars. Of course, these figures are not inevitable.

Oil 150

Oil Supplies Market Oil Prices 150

Green Car Congress

NOVEMBER 7, 2011

Global demand for oil may well peak before 2020, falling back to levels significantly below 2010 demand by 2035, according to a multi-client research study conducted by Ricardo Strategic Consulting launched in June 2011 in association with Kevin J. Summary of key findings of the research project: The approaching peak in oil demand.

Oil 210

Oil 2010 2020 Global 210

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. That could cause oil prices to spike.

Oil 150

Oil Saudi Arabia Supplies Oil Prices 150

Green Car Congress

MAY 22, 2020

Due to the collapse in oil prices, IHS Markit expects US producers are in the process of curtailing about 1.75 Due to the collapse in oil prices, IHS Markit expects US producers are in the process of curtailing about 1.75 These reductions are not permanent.

Oil 186

Oil Canada Oil-Sands Production 186

Green Car Congress

JULY 6, 2018

The reason they are likely to join in is that unlike in previous oil price cycles, now there are alternatives to fossil fuels. Electrification is where OPEC may have to face off with a future oil buyers’ cartel. It’s safe to say it remains uncertain if the EV boom will continue after 2020.

Oil 170

Oil India Oil Prices Japan 170

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.

Oil Prices 150

Oil Prices Oil United States North America 150

Green Car Congress

FEBRUARY 25, 2010

Canadian Oil Sands Trust, the largest stakeholder (36.74%) in the Syncrude oil sands project, announced plans to increase the synthetic crude oil production capacity at Syncrude Mildred Lake upgrader to 425,000 barrels per day by 2020 from 350,000 now.

Oil-Sands 199

Oil-Sands Oil 2020 Canada 199

Green Car Congress

JUNE 27, 2012

World oil production capacity to 2020 (crude oil and NGLs, excluding biofuels). Oil production capacity is surging in the United States and several other countries at such a fast pace that global oil output capacity could grow by nearly 20% from the current 93 million barrels per day to 110.6 Source: Maugeri 2012.

Oil 261

Oil Oil-Sands Price Production 261

Green Car Congress

JULY 6, 2018

The reason they are likely to join in is that unlike in previous oil price cycles, now there are alternatives to fossil fuels. Electrification is where OPEC may have to face off with a future oil buyers’ cartel. It’s safe to say it remains uncertain if the EV boom will continue after 2020.

Oil 150

Oil India Oil Prices Japan 150

Green Car Congress

NOVEMBER 9, 2019

This affected storage levels, Canadian crude oil prices and other aspects of the market. To protect the value of the oil, the Government of Alberta temporarily limited production to match export capacity to prevent Canadian crude from selling at large discounts.

Oil 150

Oil Oil-Sands 2019 Oil Prices 150

Green Car Congress

APRIL 3, 2022

Together, the group of companies have been developing a more cost-effective way to implement and operate a hydrogen supply chain, following a Memorandum of Understanding (MOU) among the consortium in March 2020. This collaboration comes at a timely moment, on the back of rising oil prices.

Singapore 150

Singapore Hydrogen Corporation Japan 150