Economy, Forecast, Oil and Oil-Sands

Today’s Stunted Oil Prices Could Cause Oil Price Shock In 2020

Green Car Congress

MAY 24, 2017

As oil prices remain unsteady and OPEC continues to make headlines every hour, the world is focused on oil’s immediate future. In a speech made at the Association of International Petroleum Negotiators’ 2017 International Petroleum Summit, Johnston laid out his concerns for the future of oil. oil may not be able to fill.

Oil Prices

Oil Prices Oil Saudi Arabia Price

Study finds plausibly high volumes of Canadian oil sands crudes in US refineries in 2025 would lead to modest increases in refinery CO2 emissions

Green Car Congress

MARCH 17, 2012

An analysis of the US refining sector, based on linear programming (LP) modeling, finds that refining plausibly high volumes of Canadian oil sands crudes in US refineries in 2025 would lead to a modest increase in refinery CO 2 emissions (ranging between 5.4% to 9.3%) from a 2010 baseline, depending upon the supply scenario.

Oil-Sands

Oil-Sands Oil Emissions CO2

EIA projects world energy use to increase 53% by 2035; oil sands/bitumen and biofuels account for 70% of the increase in unconventional liquid fuels

Green Car Congress

SEPTEMBER 20, 2011

World oil prices remain high in the IEO2011 Reference case, but oil consumption continues to grow; both conventional and unconventional liquid supplies are used to meet rising demand. In the IEO2011 Reference case the price of light sweet crude oil (in real 2009 dollars) remains high, reaching $125 per barrel in 2035.

Oil-Sands

Oil-Sands Oil 2008 Oil Prices

IEA: global map of oil refining and trade to be redrawn over next 5 years

Green Car Congress

OCTOBER 12, 2012

Profound shifts in the regional distribution of oil demand and supply growth will redefine the refining industry and transform global oil trade over the next five years, according to the annual Medium-Term Oil Market Report (MTOMR) released by the International Energy Agency (IEA). The oil market is at a crossroads.

Oil

Oil Oil-Sands Global Oil Prices

Opinion: The Shale Delusion: Why The Party’s Over For US Tight Oil

Green Car Congress

SEPTEMBER 18, 2015

The party is over for tight oil. Despite brash statements by US producers and misleading analysis by Raymond James, low oil prices are killing tight oil companies. Reports this week from IEA and EIA paint a bleak picture for oil prices as the world production surplus continues. OPEC and US crude oil production.

Oil

Oil Oil-Sands Oil Prices 2015

Stanford, UC Santa Cruz study explores ramifications of demand-driven peak to conventional oil

Green Car Congress

JULY 2, 2013

In contrast to arguments that peak conventional oil production is imminent due to physical resource scarcity, a team from Stanford University and UC Santa Cruz has examined the alternative possibility of reduced oil use due to improved efficiency and oil substitution. —Brandt et al.

Oil

Oil Oil-Sands Fuel Economy Transportation

EIA projects world liquid fuels use to rise 38% by 2040, driven by growth in Asia and Middle East; transportation 92% of demand

Green Car Congress

SEPTEMBER 10, 2014

Crude and lease condensate includes tight oil, shale oil, extra-heavy crude oil, field condensate, and bitumen (i.e., oil sands, either diluted or upgraded). oil shale), and refinery gain. per year, as the mature economies react to sustained high fuel prices.

Asia

Asia Transportation Oil-Sands Oil Prices

BP Energy Outlook 2030 sees emerging economies leading energy growth to 2030; global CO2 emissions from energy well above IEA 450 scenario

Green Car Congress

JANUARY 19, 2011

World energy growth over the next twenty years is expected to be dominated by emerging economies such as China, India, Russia and Brazil while improvements in energy efficiency measures are set to accelerate, according to BP’s latest projection of energy trends, the BP Energy Outlook 2030.

Energy

Energy Economy Global Oil-Sands

ExxonMobil Outlook: 35% growth in energy demand by 2040; hybrids to account for ~50% of new vehicle sales

Green Car Congress

DECEMBER 15, 2013

Driven by increasing population, urbanization and rising living standards, the world will require some 35% more energy in 2040, according to ExxonMobil’s annual forecast report: Outlook for Energy: A View to 2040. billion, as the world’s population grows and more people in developing economies are able to afford cars. Click to enlarge.

Oil-Sands

Oil-Sands Energy Hybrid Sale

ExxonMobil Outlook projects hybrids and advanced vehicles to account for nearly 50% of cars globally by 2040; fuel demand for for personal vehicles to peak and decline, while commercial transportation demand rises 70%

Green Car Congress

DECEMBER 11, 2011

Growth is led by developing regions such as China, India, Africa and other emerging economies. This edition of the annual Outlook marks the first extension of the long-term energy forecast to 2040. Additionally, to achieve proposed fuel-economy targets, personal vehicles will need to be smaller and lighter than they are today.

Personal

Personal Global Transportation Fuel

ExxonMobil: global GDP up ~140% by 2040, but energy demand ~35% due to efficiency; LDV energy demand to rise only slightly despite doubling parc

Green Car Congress

DECEMBER 10, 2014

Significant growth in the global middle class, expansion of emerging economies and an additional 2 billion people in the world will contribute to a 35% increase in energy demand by 2040, according to ExxonMobil’s latest Outlook for Energy report. The OECD represents the developed economies. Click to enlarge. Outlook for Energy.

Energy

Energy Global 2010 Oil-Sands

Cleantech Blog: Smart Grids and Electric Vehicles

Tony Karrer Delicious EVdriven

APRIL 16, 2009

CDM Baby, CDM Ruminations on Vegas and NASCAR California Dreamin' ► February (16) Car Sharing and Saving in a Tough Economy Throwing down the gauntlet to Secretary Clinton Weather Does Not Equal Climate The Hub Lab Seeks Revolutionary New Energy Science. No more Big OIL - think of the extra money stimulating the economy!

Grid

Grid Electric Vehicles Vehicles Oil-Sands

EV Driven

Today’s Stunted Oil Prices Could Cause Oil Price Shock In 2020

Study finds plausibly high volumes of Canadian oil sands crudes in US refineries in 2025 would lead to modest increases in refinery CO2 emissions

EIA projects world energy use to increase 53% by 2035; oil sands/bitumen and biofuels account for 70% of the increase in unconventional liquid fuels

IEA: global map of oil refining and trade to be redrawn over next 5 years

Opinion: The Shale Delusion: Why The Party’s Over For US Tight Oil

Stanford, UC Santa Cruz study explores ramifications of demand-driven peak to conventional oil

EIA projects world liquid fuels use to rise 38% by 2040, driven by growth in Asia and Middle East; transportation 92% of demand

BP Energy Outlook 2030 sees emerging economies leading energy growth to 2030; global CO2 emissions from energy well above IEA 450 scenario

ExxonMobil Outlook: 35% growth in energy demand by 2040; hybrids to account for ~50% of new vehicle sales

ExxonMobil Outlook projects hybrids and advanced vehicles to account for nearly 50% of cars globally by 2040; fuel demand for for personal vehicles to peak and decline, while commercial transportation demand rises 70%

ExxonMobil: global GDP up ~140% by 2040, but energy demand ~35% due to efficiency; LDV energy demand to rise only slightly despite doubling parc

Cleantech Blog: Smart Grids and Electric Vehicles

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