This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Oilprices appear to be stuck in the $50s per barrel, but that doesn’t mean there aren’t serious supply risks to the market. An unexpected disruption could occur at any moment, as has happened in the past, leading to a sudden and sharp jump in prices. by Nick Cunningham for Oilprice.com.
China’s crude oil processing has also declined because relatively high crude oilprices are making importing crude oil more expensive. They were not granted a second batch of export quotas until August, and those quotas were relatively low.
The oilprice shocks of the 1970s led the Brazilian government to address the strain high prices were placing on its fragile economy. Brazil, the largest and most populous country in South America, was importing 80% of its oil and 40% of its foreign exchange was used to pay for that imported oil. by Brian J.
The production costs for most chemicals via microbial fermentation are currently high compared to oil-derived products primarily because of operating costs associated with feedstock and feedstock processing. One way to mitigate high feedstock cost is to maximize conversion into the bioproduct of interest. Jones, Alan G. Fast, Ellinor D.
When oilprices rose to new highs in the 1970s, Brazil invested in ethanol created from the its sugar cane crops. The study was funded by two grants from the National Institutes of Health, a BRASKEM/FAPESP grant, and support from ETH Bioenergia, a Brazilian company that produces ethanol and sugar from sugar cane.
In addition, the industry faces barriers from the impending “blend wall” of 10% ethanol in gasoline and uncertainty regarding policies and oilprices. Environmental Protection Agency drastically lowering the amount of cellulosic biofuel that must be blended into gasoline and diesel each year.
Red Rock’s first refinery, funded in part by a $70-million Title III DPA grant from the U.S. FedEx joins Southwest Airlines, which signed a purchase agreement with RedRock in November 2014 for about 3 million gallons per year, in purchasing Red Rock’s total planned available volume of jet fuel. Earlier post.).
The Queensland Sustainable Aviation Fuel Initiative was established in 2010 through a Queensland Government National and International Research Alliances Program grant that brought together a consortium of university biofuel experts and industry for the AU$6.5-million million project.
“NEB and GNWT study finds 200 billion barrels of oil in the Sahtu,” gushed CBC News , referring to a region of the sprawling territory that cuts across three provinces and touches the Arctic Ocean. The area has seen 14 exploration licenses granted and $628 million in work commitments over the last five years. on Friday, June 5 th.
And, by reducing dependence on foreign oil imports, AVTA will no longer be subject to oilprice volatility for its bus fleet—helping to create greater stability for budget forecasting for the fleet manager.
Reward communities that invest in electric vehicle infrastructure through competitive grants: To provide an incentive for communities to invest in EV infrastructure and remove regulatory barriers, the President is proposing a new initiative that will provide grants to up to 30 communities that are prioritizing advanced technology vehicle deployment.
Using government oilprice projections, pure electric vans will still have a 10% cost of ownership premium over diesel in 2030. A 64 kW hydrogen fuel cell (suitable for use in a panel van) decreases in cost from £52,000 (US$82,000) in 2011 to £4,800 (US$7,600) in 2020, a reduction of more than 90%. Source: Element Energy.
Renewables increase from 13% of the mix today to 18% in 2035; the growth in renewables is underpinned by subsidies that rise from $64 billion in 2010 to $250 billion in 2035, support that in some cases cannot be taken for granted in an age of increasing fiscal austerity. Oil and the Transport Sector: Reconfirming the End of Cheap Oil.
This collaboration comes at a timely moment, on the back of rising oilprices. NTU researchers will work closely with our partners to develop better catalysts, and more efficient reactors for extracting hydrogen. This will not only benefit its citizens, but also support the country’s vision of becoming a more sustainable nation.
Sustainable Development Technology Canada (SDTC) is awarding Nsolv $13 million in grant funding to commercialize its field-tested, proprietary warm solvent technology for in situ heavy oil extraction without the use of steam. Other extraction methods are not currently commercially viable at this scale. The technology.
This could create competition among different land uses and, in turn, raise cropland prices. Moreover, nutritional and other income assistance programs are often adjusted for changes in the general price level.
As one example of factors contributing to that decision, a survey of projected oilprices returned values between $30 and $250 a barrel, he said.). Although EPA has yet to grant the waiver, Cackette spoke as if it were a certainty.) Cackette described this transformation as occuring in three phases.
One in four business leaders have already making use of -or are considering introducing -alternative fuel vehicles to their business operations as oilprices remain stubbornly high.
Among the transportation-related updates going into AEO2011, the EIA increased the limit for blending ethanol into gasoline for approved vehicles from 10% to 15%, as a result of the waiver granted by the US Environmental Protection Agency (EPA) in October 2010.
We have the environmental incentives to produce fuels and chemicals from renewable resources, but right now, they aren’t enough to compete with low oilprices. The research was funded by a grant from the US Department of Agriculture’s National Institute of Food and Agriculture. That’s the problem. Chang Dou, Devin S. 7b01000.
However, consumer demand for PEVs is quite uncertain and, barring another global spike in oilprices, may be limited to a minor percentage of new vehicle purchasers (e.g., National Goal of One Million Plug-In Electric Vehicles. Automakers could ramp up PEV production if consumer demand proves to be larger than expected.
REDDIT STUMBLE UPON MYSPACE MIXX IT Paste this link into your favorite RSS desktop reader See all CNNMoney.com RSS FEEDS ( close ) By Andy Grove April 17, 2009: 9:30 AM ET The great electric car race High oilprices, green regs, and better batteries are behind the mad dash to create the ultimate electric automobile. rivals in the dust.
These avenues include alternative pipeline capacity to support Western Canadian, Bakken, and Midcontinent crude oil movements to the Gulf Coast as well as rail to transport large volumes of crude oil to East, West, and Gulf Coast markets. Draft SEIS.
The government will make direct grants to automakers (as we do, of course) and also provide “subsidies of up to $8,800 are being offered to taxi fleets and local government agencies in 13 Chinese cities for each hybrid or all-electric vehicle they purchase.”
Speaking at a Press conference Menendez highlighted the problems of 2008 as an indicator of the problems that wild fluctuations in oilprices can cause, as well as the obvious problems that pollutants from dirty fuels cause for the environment.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content