Green Car Congress

AUGUST 23, 2012

The new report— Oil & Gas Capital Expenditure Outlook, H1 2012 —forecasts that the total oil and gas capex will increase by 13.4% this year over the 2011 total of $916 billion, as oil companies intensify upstream operations across locations as diverse as offshore Brazil, the Gulf of Mexico and the Arctic Circle.

Oil 210

Oil 2012 Oil-Sands Gas 210

Green Car Congress

DECEMBER 5, 2012

Compared with the last AEO, the AEO2013 shows lower gasoline use, reflecting the introduction of more stringent corporate average fuel economy (CAFE) standards. Biofuels grow at a slower rate due to lower crude oil prices and. A shift to the use of Brent spot price as the reference oil price.

Fuel 225

Fuel Energy Sale 2013 225

Green Car Congress

AUGUST 25, 2015

OPEC next gathers December 4 in Vienna, just over a year since Saudi Oil Minister Ali Al-Naimi announced at the previous OPEC winter meeting the Saudi decision to let the oil market determine oil prices rather than to continue Saudi Arabia's role of guarantor of $100+/bbl oil. percent from 10.2

Saudi Arabia 150

Saudi Arabia Russia Oil 2015 150