Green Car Congress
MAY 18, 2017
shale in particular—is effectively capping the oil price gains from that agreement. Four months after the OPEC/NOPEC deal took effect, oil prices dropped to the levels preceding the agreement, amid concerns over still stubbornly high inventories and rising U.S. oil production,” the consultancy noted. “In
Green Car Congress
SEPTEMBER 7, 2012
with a commercial, 1,000 barrel-per-day (bpd) Gas-to-Liquids (GTL) plant to be located at its Karns City, Pennsylvania facility. Due to the historically large gap between high oil prices and low gas prices in North America, we’re experiencing very strong interest from potential clients keen to take advantage of this arbitrage opportunity.
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.
Green Car Congress
SEPTEMBER 10, 2014
The potential for growth in demand for liquid fuels is focused on the emerging economies of China, India, and the Middle East, while liquid fuels demand in the United States, Europe, and other regions with well-established oil markets seems to have peaked. Rising world oil prices attract investment in areas previously considered uneconomic.
Green Car Congress
OCTOBER 25, 2009
The focus of the work was on alternative jet fuels that could be available commercially in the next decade using primarily North American resources. The prospects for FT jet fuels depend crucially on construction of a few pioneer commercial plants in the next few years. From Hileman et al. Click to enlarge. million bpd.
Green Car Congress
MAY 11, 2022
Despite the increases in production, EIA expects the Brent crude oil price to remain above $100 per barrel this year, according to the agency’s May 2022 Short-Term Energy Outlook (STEO). in the commercial sector. in the United States this summer (June–August) compared with the summer of 2021. and by 1.5%
Green Car Congress
AUGUST 7, 2020
Barring a large second wave of COVID-19 cases driving widespread economic shutdowns, IHS Markit expects Brent will stay within a $40-$47/bbl price band on average over the next four quarters. This could start as early as the second half of 2021, when Brent prices could conclusively pass the $50/bbl mark.
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