Green Car Congress

FEBRUARY 19, 2015

It may be difficult to look beyond the current pricing environment for oil, but the depletion of low-cost reserves and the increasing inability to find major new discoveries ensures a future of expensive oil. However, now that oil prices are so low, oil companies have no room to boost spending.

Oil Prices 150

Oil Prices Oil Price Iraq 150

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.

Oil Prices 150

Oil Prices Oil Price Oil-Sands 150

Green Car Congress

MARCH 11, 2015

Predicting and diagnosing the trajectory of oil prices has become something of a cottage industry in the past year. But along with all of the excess crude flowing from the oil patch, there is also an abundance of market indicators that while important, tend to produce a lot of noise that makes any accurate estimate nearly impossible.

Oil Prices 150

Oil Prices Oil Price South Africa 150

Green Car Congress

JUNE 20, 2018

dollar to go up, which is putting downward pressure on prices,” Phil Flynn, analyst at Price Futures Group in Chicago, told Reuters. There are plenty of factors influencing oil prices right now, and the OPEC+ decision expected in a few days will be the single most important driver in the near-term. But the U.S.

Oil Prices 150

Oil Prices Oil Price Argentina 150

Green Car Congress

JANUARY 13, 2017

Oil prices faltered at the start of the second week of the year, as fears set in about a rapid rebound in US shale production. Aside from a single week in October, the US oil industry has deployed more rigs in every week dating back to June, a remarkable run that has resulted in more than 200 fresh rigs drilling for oil.

Oil Prices 150

Oil Prices Oil Price Saudi Arabia 150

Green Car Congress

DECEMBER 30, 2015

The OPEC published its World Oil Outlook 2015 (WOO) in late December, which struck a much more pessimistic note on the state of oil markets than in the past. On the one hand, OPEC does not see oil prices returning to triple-digit territory within the next 25 years, a strikingly bearish conclusion.

Oil Prices 150

Oil Prices Oil Price Climate Change 150

Green Car Congress

SEPTEMBER 10, 2014

IEO2014 projections of future liquids balances include two broad categories: crude and lease condensate and other liquid fuels. 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).

Asia 341

Asia Transportation Oil-Sands Oil Prices 341

Green Car Congress

APRIL 5, 2023

In AEO2023, EIA explores long-term energy trends in the United States and presents an outlook for energy markets through 2050 using different scenarios, or cases, to understand how varying assumptions about the future could affect energy trends. It also assumes the Brent crude oil price reaches $101 per barrel (b) (in 2022 dollars) by 2050.

International 273

International Oil Prices Production Oil 273

Green Car Congress

MARCH 14, 2019

This long-term growth is expected to be propelled by improving vehicle technology economics—a function of battery innovations, government transportation energy policies, oil price projections, and movements to price carbon. —Scott Shepard, senior research analyst with Navigant Research.

Alternative Fuels 207

Alternative Fuels Future Plug-in Fuel 207

Green Car Congress

JULY 12, 2021

The Review captures the significant impact the global pandemic had on energy markets and how it may shape future global energy trends. The oil price (Dated Brent) averaged $41.84/bbl Global oil demand fell 9.3%, with the largest falls seen in the US (-2.3 The US (-2.3 million b/d), the European Union (-1.5 Source: bp.

2020 397

2020 Oil Saudi Arabia Energy 397

Green Car Congress

JANUARY 15, 2014

Given the highly uncertain role of consumer choice in future vehicle adoption, they noted, their analysis focused on the economic and environmental performance of EDVs assuming minimal behavioral barriers to vehicle adoption. No EDV deployment occurs with high battery costs, low oil prices, and no CO 2 policy.

Emissions 236

Emissions Oil Prices Vehicles Oil 236

Green Car Congress

JANUARY 6, 2014

Due to the numerous uncertainties, they used a parametric approach to examine a spectrum of possible futures, instead of highlighting a few scenarios. Among their findings were: RFS2 is satisfied at extreme oil prices (at least $215/barrel). This oil price encourages biofuel use in the RFS2 timeframe, but not in the long run.

Oil Prices 246

Oil Prices Gasoline-Electric Gasoline Oil 246

Green Car Congress

MARCH 11, 2019

For the third time in four years, surveyed fleets named biodiesel as their top alternative fuel choice both for current use and future interest. Additionally, biodiesel was named as their top choice for future interest at 14%. It is highly likely that clean energy solutions will remain relevant due to oil price instability.

Purchase 207

Purchase Fleet 2019 Diesel 207

Green Car Congress

DECEMBER 2, 2014

Yonhap said that the companies are the partnership early due to weak market demand for battery-powered vehicles amid limited infrastructure and falling oil prices. We will continue to research and develop batteries for electric vehicles in the future. billion won (US$13.87

Li-ion 244

Li-ion Lithium Ion Oil Prices 2013 244

Green Car Congress

MARCH 8, 2017

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.

Oil Prices 170

Oil Prices Saudi Arabia Oil Price 170

Green Car Congress

DECEMBER 17, 2014

Gasoline prices are forecast to go even lower in 2015. Gasoline prices are falling because of lower crude oil prices, which account for about two-thirds of the price US drivers pay for a gallon of gasoline. The forecast for West Texas Intermediate (WTI) crude oil spot prices averages $63/bbl in 2015.

2015 210

2015 Gasoline Fuel Economy MPG 210

Green Car Congress

OCTOBER 29, 2014

America’s dependence on oil ties our national and economic security to a highly-unpredictable, cartel-influenced global oil market. Diversifying the types of vehicles and fuels available to our drivers offers our city protection from often-volatile oil prices and better prepares us for the future.

Indianapolis 287

Indianapolis 2016 Fleet PHEV 287

Green Car Congress

OCTOBER 7, 2021

According to the IEO2021 Reference case, which projects future energy trends based on current laws and regulations, renewable energy consumption has the strongest growth among energy sources through 2050. The four side cases show the effects of changing key model assumptions about economic growth and world oil price.

Global 259

Global Emissions Energy Asia 259

Green Car Congress

JULY 25, 2013

With prices expected to increase in the long term, however, the world oil price in real 2011 dollars reaches $106 per barrel in 2020 and $163 per barrel in 2040, according to IEO2013. The largest components of future non-petroleum liquid fuels production are biofuels in Brazil and the United States, at 0.7

2010 317

2010 Transportation Fuel Energy 317

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 220

Oil-Sands Oil 2008 Oil Prices 220

Plugs and Cars

OCTOBER 19, 2007

Forbes 12:43pm ET: Oil retreats from today's record highs around 90 usd as traders lock profits Bloomberg Crude Oil Falls From Record on Signs U.S. Supplies Are Adequate Associated Press Oil Futures Retreat From $90 Record CNN Money Oil retreats from $90, but gas keeps climbing. Tags: petroleum Big Oil.

Oil 100

Oil Oil Prices Price Supplies 100

Green Car Congress

JULY 22, 2015

With the recently concluded nuclear deal between Iran and the P5+1 countries, oil prices have already started heading downward on sentiments that Iran’s crude oil supply would further contribute to the already rising global supply glut. But with rising negative sentiment pertaining to oil prices, is U.S.

Oil Prices 150

Oil Prices Oil 2015 Price 150

Green Car Congress

JULY 14, 2011

In oil, as in other commodities, demand responses to higher prices and to policy initiatives are typically asymmetric, Ricardo notes; many of the driving forces that are now beginning to act against future oil demand growth will not reverse, and others will not fully reverse even if oil prices should fall back.

Oil 225

Oil Oil Prices Climate Change Supplies 225

Green Car Congress

JUNE 27, 2012

Oil production capacity is surging in the United States and several other countries at such a fast pace that global oil output capacity could grow by nearly 20% from the current 93 million barrels per day to 110.6 Such an increase in capacity could prompt a plunge or even a collapse in oil prices, he suggests.

Oil 261

Oil Oil-Sands Price Production 261

Green Car Congress

NOVEMBER 9, 2010

We would expect that new reserves of conventional and unconventional oil may become available for exploration due to geological exploration and advances in oil extraction techniques or that extraction from less feasible oil fields becomes more economically attractive. All of these factors would change our predicted outcome.

Davis 300

Davis Renewable Gasoline Diesel 300

Green Car Congress

AUGUST 7, 2015

Many oil companies had trimmed their budgets heading into 2015 to deal with lower oil prices. But the collapse of prices in July—owing to the Iran nuclear deal, an ongoing production surplus, and economic and financial concerns in Greece and China—have darkened the mood. That could cause oil prices to spike.

Oil 150

Oil Saudi Arabia Supplies Oil Prices 150

DIY Electric Car

NOVEMBER 28, 2010

There have been 5 recession since then until now and I wanted to see if Oil had anything to do with them, because deep in my heart, I knew the most recent recession was directly caused by the oil price spikes that started in 2007 and peaked in 2008. This increase in oil prices again pushed the economy into a recession.

USA 180

USA Oil Prices Oil 2007 180

Green Car Congress

MAY 21, 2010

A new study by the Peterson Institute for International Economics concluded that the Kerry-Lieberman “American Power Act”—the energy and climate change legislation recently introduced in the Senate ( earlier post )—would reduced US oil imports by 33-40% below current levels and by 9-19% below projected business-as-usual levels by 2030.

Oil 220

Oil Climate Change Oil Prices 2005 220

Green Car Congress

APRIL 15, 2017

This year, shale output forecasts combine with OPEC’s production cuts, geopolitical factors, and unexpected outages to further complicate supply/demand and oil price forecasts by Wall Street’s major investment banks. According to the IEA, supply could lag demand in a few years, which could lead to a surge in oil prices. “

Oil 150

Oil Supplies Oil Prices 2017 150

Green Car Congress

JANUARY 1, 2011

” Their analysis is in the context of the “ surprising [oil] demand strength of 2010 “; 2010 saw absolute incremental demand at around 2.2mb/d of growth—the second highest in 30 years, despite oil prices in the $90/bbl region. ” The team suggests that this may be the last extension for the credit.

Transportation 250

Transportation Gasoline Lithium Ion 2010 250

Green Car Congress

APRIL 10, 2015

With announcement of a historic nuclear deal framework between Iran and six global powers: America, France, Britain, China, Russia and Germany on April2, 2015, there is a good possibility that Iranian crude oil exports will increase greatly after June 2015 when the final nuclear deal is signed. United we stand, divided we fall.

Saudi Arabia 150

Saudi Arabia Venezuela Iran Nigeria 150

Green Car Congress

OCTOBER 2, 2019

The low levels in discoveries come as a result of a pullback during the past 10 years in the wildcat drilling that targets conventional oil and gas plays—most drastically after oil prices collapsed in 2014. —Keith King, senior advisor at IHS Markit and a lead author of the IHS Markit E&P trends analysis.

Oil 199

Oil Gas Oil Prices Water 199

Green Car Congress

MAY 9, 2020

—Jim Burkhard, vice president and head of oil markets, IHS Markit. IHS Markit expects oil demand in the second quarter of 2020 to be 22 MMb/d less than a year ago. Logistical factors are offtake demand, transport options, and oil storage availability.

Oil 170

Oil 2020 Global Oil Prices 170

Green Car Congress

MAY 26, 2009

Carbon capture and storage will be important to both future climate change policy and future energy policy, the brief asserts, calling for Federal subsidies for 10 to 20 commercial-scale CCS projects. Oil security policy. If the price later rose above $90, the tax would disappear. Policy for energy technology innovation.

Energy 150

Energy Price Oil Prices Climate Change 150

Green Car Congress

JULY 12, 2011

The analysis is based on central forecasts of oil price, electricity. price and carbon pollution reduction scheme (CPRS)/carbon tax policy, and known information about the historic drivers for consumers in the vehicle. However, as EV and PHEV prices gradually reach. vehicle types (ICEs, EVs, PHEVs and HEVs). Between 2025.

PHEV 210

PHEV Oil Prices Australia Price 210

Green Car Congress

SEPTEMBER 5, 2011

Although oil and gas have been produced in the Arctic region for years, many of the vast oil and gas fields that initiated interest in the Arctic are in decline. The high oil price is again driving investment in E&:P in this region as the focus gradually moves offshore from the prolific onshore areas.

Oil 199

Oil Market Gas Production 199

Green Car Congress

OCTOBER 11, 2017

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. The Internet of Things is entering oil and gas, and so are analytics and artificial intelligence. by Irina Slav for Oilprice.com.

Oil 150

Oil Market Oil Prices Industrial 150