Remove Cost Of Remove Market Remove Oil Prices Remove Tax
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Petrobras says it is expanding oil and gas production in the pre-salt in “economically viable” manner

Green Car Congress

Responding to press articles saying that the collapse of the global oil price is threatening oil and gas production in the off-shore Brazil pre-salt layer, Petrobras countered that it is expanding its production capacity “in an economically viable manner.” On Tuesday, 6 January, the price for WTI crude closed at $47.93/bbl,

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Study Finds Government Mandates Superior to All Other Biofuels Policies, But Mixing With Subsidies Causes Adverse Effects; The Argument for a Direct CO2 Tax

Green Car Congress

For example, adding a biofuel subsidy with a consumption mandate fails to increase ethanol consumption but instead subsidizes oil consumption. A more effective policy would rely on specific taxes and subsidies targeted directly at achieving specific environmental, energy and agricultural policy goals, according to the study.

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Why Is The Shale Industry Still Not Profitable?

Green Car Congress

The firm said that in the third quarter of 2017, the “average operating cost per barrel has broadly remained the same without any efficiency gains.” Not only that, but the cost of producing a barrel of oil, after factoring in the cost of spending and higher debt levels, has actually been rising quite a bit.

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EIA AEO2015 projects elimination of net US energy imports in 2020-2030 timeframe; transportation energy consumption drops

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The Annual Energy Outlook 2015 (AEO2015) released today by the US Energy Information Administration (EIA) projects that US energy imports and exports will come into balance—a first since the 1950s—because of continued oil and natural gas production growth and slow growth in energy demand. Tcf in the High Oil and Gas Resource case.

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UC Berkeley Study Concludes Battery Switching Model Would Accelerate Mass-Market Adoption of Electric Cars; Baseline Scenario Projects EVs Reaching 64% of New LDV Sales in 2030

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In two other scenarios considered, a high oil price scenario (using EIA projections) and a battery swap operator-subsidzied scenario, EV new vehicle sales penetration reaches 85% and 86% respectively by 2030. The high rate of adoption is driven by the low purchase price and operating costs of electric cars with switchable batteries.

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AECOM study finds EV adoption in Victoria can offer significant economic benefits by late 2020s; PHEVs initially lead uptake

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scenarios, and the sensitivity of the model to particular factors, the analysis reveals areas where intervention may be warranted: The capital costs associated with vehicle purchase, in relation to the costs for conventional vehicles; Supply constraints in the Australian market; and. supply constraints into the Australia market.

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US DOE progress report says 1M plug-ins by 2015 ambitious but achievable; not likely to be constrained by production capacity

Green Car Congress

While several high profile vehicle market introductions such as the Chevrolet Volt and the Nissan Leaf have been initiated, questions remain regarding the potential to reach the 2015 goal. However, additional policy steps are needed to further drive innovation, reduce costs, and spur consumer demand, the report says. Earlier post.).

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