Remove Cheap Remove Industry Remove Oil Prices
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Forecast: Algae-Based Biofuels Production to Reach 61M Gallons per Year by 2020

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While barely a drop in the bucket for biofuels, Pike says, this represents a compound annual growth rate (CAGR) of 72%, roughly on par with early development in the biodiesel industry. Both regions will benefit from rapidly expanding biofuels markets, ample land and water resources, and cheap labor, Pike suggests.

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IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

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The 450 Scenario works back from the international goal of limiting the long-term increase in the global mean temperature to two degrees Celsius (2 °C) above pre-industrial levels, in order to trace a plausible pathway to that goal. But the average oil price remains high, approaching $120/barrel (in year-2010 dollars) in 2035.

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Univ of Washington team working to make poplar coppice viable cheap, high-volume biofuel feedstock

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Our research proved that poplar coppice can be a good option to meet the cheap, high-volume criteria of biofuel feedstock. Our findings are significant for the future biofuel industry, and the ultimate goal is to make poplar coppice biofuel a step closer to the pump. That’s the problem.

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The “Amazon Effect” Is Coming To Oil Markets

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While OPEC mulls over further steps to once again support falling oil prices, tech startups are quietly ushering in a new era in oil and gas: the era of the digital oil field. Much talk has revolved around how software can completely transform the energy industry, but until recently, it was just talk.

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$67 Oil Has All The Majors Converging in Argentina

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Argentina offers one of the few places on earth where oil companies are not suffering from the full force of the collapse in prices. Argentina regulates oil prices, a policy originally intended to insulate the public from the whims of the market, protecting people from triple-digit crude prices.

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KPMG study identifies 10 sustainability “megaforces” with accelerating impacts on business; imperative of sustainability changing the automotive business radically

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The analysis examines how these global forces may impact business and industry; calculates the environmental costs to business; and calls for business and policymakers to work more closely to mitigate future business risk and act on opportunities. Global food prices are predicted to rise 70 to 90 percent by 2030.

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Opinion: How Much Longer Can OPEC Hold Out?

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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.”