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Is A Second OPEC Cut In The Cards?

Green Car Congress

OPEC’s coordinated effort to curtail global supply has so far managed to put a floor under oil prices, which have been sitting modestly above US$50 since the deal was announced at the end of November last year. Analysts and experts are now mostly predicting that oil prices will remain below US$60 this year.

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Updated NETL study provides more detailed economic and environmental assessment of coal-to-liquids and CTL with modest biomass

Green Car Congress

Performance in the study is measured by such metrics as: (1) required selling price of the fuel; (2) crude oil price when the process will become economically viable; (3) the Well-to-Wheels (WTW) life cycle GHG emissions profile of the diesel fuel; and (4) the water usage associated with the facility. —White and Gray.

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SDTC awards Nsolv $13M to commercialize warm solvent technology for heavy oil extraction; 80% reduction in GHG emissions

Green Car Congress

Nsolv is in the process of finalizing a partnership with a major heavy oil producer to construct a commercial-scale facility. Nsolv technology performs well, even in today’s low oil price environment, as it is commercially viable at between 5,000 and 10,000 barrels per day. The oil is sent to refineries for further processing.

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GM To Forge Ahead With Electric, Plug-In Hybrid, Other Electrified Vehicles

Green Car Reports

When oil prices drop, the knee-jerk response of many analysts is to forecast doom for sales of electric cars, plug-in hybrids, and other green cars. It plans to to forge ahead with an expansion of its electrified-vehicle range, regardless of how low oil prices get. DON''T MISS.

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EPA announces 2011 Presidential Green Chemistry Challenge Awards; green chemistry market opportunity projected to be $98.5B by 2020, about 2% of total market

Green Car Congress

Genomatica expects Bio-BDO to be competitive at oil prices of $45 per barrel or at natural gas prices of $3.50 Sigma-Aldrich is currently offering TPGS-750-M for sale, making it broadly available to research laboratories. per million Btu. High-quality water is not needed: these reactions can even be run in seawater.

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Junkyard Find: 1987 Chevrolet Sprint ER

The Truth About Cars

Even though memories of the gas lines and fuel rationing of 1979 were still vivid by 1987, oil prices crashed hard during the middle 1980s, hitting bottom in 1986. It appears that this engine was not legal for sale in high-altitude areas. Just $66 with gas priced at $1.16 per gallon. Crushes the Hyundai Excel.

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National Low Carbon Fuel Standard study releases major Technical Analysis and Policy Design reports; providing a scientific basis for policy decisions

Green Car Congress

Very broadly, they found that an LCFS would buffer the economy against global oil price spikes, trim demand for petroleum, and lessen upward pressure on gas prices. Including maritime and aviation emissions within an LCFS would be challenging because ships and planes operate across national boundaries.

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