CleanTechnica EVs

SEPTEMBER 12, 2024

I saw an interesting headline this week regarding an industry I don’t closely follow, the oil industry. Yes, we write daily about cutting oil use by driving electric vehicles. However, I don’t follow what’s happening in the oil industry or trends in the price of oil.

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Oil Prices Oil Parts Price 123

Green Car Congress

MAY 18, 2017

Since OPEC announced the production cut deal at the end of November, industry analysts have been warning that rising production from producers outside the deal—U.S. shale in particular—is effectively capping the oil price gains from that agreement.

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Oil Prices Oil 2017 Price 170

Green Car Congress

SEPTEMBER 10, 2014

The potential for growth in demand for liquid fuels is focused on the emerging economies of China, India, and the Middle East, while liquid fuels demand in the United States, Europe, and other regions with well-established oil markets seems to have peaked. per year, as the mature economies react to sustained high fuel prices.

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Asia Transportation Oil-Sands Oil Prices 341

Green Car Congress

AUGUST 12, 2015

Saudi Arabia has long enjoyed the status of being the top crude oil exporter in the world. With record production of 10.564 million barrels per day in June 2015, Saudi Arabia has been one of the major driving forces behind the current oil price slump. Is Saudi Arabia losing the oil price war? “It

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Oil Prices Saudi Arabia Oil Price 150

Green Car Congress

DECEMBER 10, 2015

With OPEC breaking down and any kind of coordination among its members on price cuts looking increasingly unlikely, it now appears that oil prices could remain below $50 a barrel for a year or more. A stripper is a small operator of very old oil wells that frequently produce less than five barrels per day of oil.

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Oil Prices Oil Price 2002 150

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. The industry did not log a single “giant” oil field.

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Oil Prices Oil Price Iraq 150

Green Car Congress

APRIL 24, 2015

Even as financial commentators on CNBC are starting to come around to the idea of a bottom in oil prices, the key question for US oil producers remains one of timing. How long will the oil price slump last? After the oil price crash in 1985, it took almost twenty years for prices to revert to previous levels.

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Saudi Arabia Oil Prices Oil Price 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. First there is the oil price itself. Since then, predictions for oil prices for 2015 have been all over the map— from Citigroup’s $20 per barrel, to T. Most important is the U.S.

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Oil Prices Oil Price South Africa 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. percent in intraday trading on Monday, after a report at the end of last week showed another solid build in the US rig count, the tenth consecutive week that the oil industry added rigs back into the field.

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Oil Prices Oil Price Saudi Arabia 150

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JANUARY 21, 2015

US oil and gas rig counts dropped to their lowest level in over four years, falling by an additional 74 units for the week ending on January 16. The lower count provides fresh evidence that low oil prices are forcing drillers to pare back operations and slash spending. With weak demand, drillers can negotiate down rig prices.

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Oil Prices Oil Price Mexico 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.

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Oil Prices Oil Price Climate Change 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.

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Oil Prices Oil Price Oil-Sands 150

Green Car Congress

APRIL 8, 2020

GlobalData research shows that lower oil prices as a result of the COVID-19 crisis could reduce electric vehicle demand and impair EU efforts to significantly reduce average new vehicle CO 2 emissions in the European car market. —Mike Vousden, Automotive Analyst at GlobalData.

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CO2 Fleet Emissions Oil Prices 353

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JUNE 10, 2011

million strategic investment from fertilizer company Zuari Industries Limited of India in exchange for approximately 2.2 With potential shortfalls and price increases for natural gas, higher oil prices due to unrest in the Middle East and fresh concerns over the safety of nuclear energy, clean-coal technology is becoming even more attractive.

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Coal India Industrial Industry 199

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MAY 11, 2022

Despite the increases in production, EIA expects the Brent crude oil price to remain above $100 per barrel this year, according to the agency’s May 2022 Short-Term Energy Outlook (STEO). EIA forecasts that retail sales of electricity to the industrial sector will grow by 2.8% —EIA Administrator Joe DeCarolis. and by 1.5%

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Oil Price Production Oil Prices 344

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JANUARY 24, 2017

If West Texas Intermediate (WTI) crude oil prices stabilize at or above $60 per barrel, major parts of the United States shale sector that are currently dormant will ramp up, according to an analysis by experts in the Center for Energy Studies at Rice University’s Baker Institute for Public Policy. Baker III and Susan G.

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Oil Prices Oil Oil-Sands Price 150

Green Car Congress

MARCH 13, 2015

Columbia and Associate Director of the Maguire Energy Institute at the Cox School of Business at Southern Methodist University in Dallas says it has: “No question we’re seeing the effects of lower oil prices throughout the economy.”. Bernard Weinstein, Ph.D., However, the decline continues to hammer drillers and producers hardest.

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Oil Prices Oil Price Dallas 150

Green Car Congress

DECEMBER 22, 2013

biofuel made from cellulose, algae, duckweed, or cyanobacteria) could mitigate the current elevated risk of investing in the industry that is retarding its advance, according to a new paper by a team from the International Council on Clean Transportation (ICCT) and Johns Hopkins University. Miller et al. Click to enlarge.

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Tax Tax Credit Industrial Industry 262

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JULY 13, 2016

Because of this, the collective US shale industry has been likened to the new “swing producer”: low oil prices force quick cutbacks but higher prices trigger new supplies. The Wall Street Journal , using data from IHS, estimates that roughly 70 percent of the fracking equipment across the shale industry has been idled.

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Oil Industrial Industry Oil Prices 150

Green Car Congress

FEBRUARY 28, 2019

The latter is partly caused by “global warming constraints” and lower oil prices in general. British accountancy firm Moore Stephenson stated that lower prices were the main cause. At the same time, increased costs (North Sea decommissioning) and lower oil price expectations are doing the rest.

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Oil Industrial Industry Financing 231

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JUNE 2, 2017

DNV GL and Samsung Heavy Industries Co., The present business environment requires that the shipping industry moves further towards eco-friendly operations due to environmental concerns, recent international regulations, as well as rises in fuel oil prices.

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Design Industrial Industry Oil Prices 170

Green Car Congress

NOVEMBER 7, 2014

And while oil prices slumped in October, drilling activity continues to rise, according to Baker Hughes , the third-largest oil services company. All the drilling poises the oil and gas services industry for big gains. The Q3 conference calls from industry giants Baker Hughes Inc. and Schlumberger Ltd.

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Oil Oil Prices Texas United States 261

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JANUARY 11, 2023

Despite efforts to continue stimulating the US economy in the wake of the pandemic, high inflation put a damper on economic growth, which was exacerbated by a spike in oil prices as a result of Russia’s invasion of Ukraine. Little change in transportation and industry. Consequently, the US economy grew 1.9% GDP increase in 2021.

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Emissions Oil Prices 2005 Coal 273

Green Car Congress

JANUARY 31, 2018

Part of the reason for that is rising oil prices, as well as a flattening of the futures curve. Indeed, recently WTI and Brent have showed a strong trend toward backwardation—in which longer-dated prices trade lower than near-term. But the lack of profitability remains a significant problem for the shale industry.

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Industrial Industry Oil 2017 207

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NOVEMBER 10, 2015

Oil and gas companies have had a tough time over the past year trying to weather the storm of falling oil prices. But the political and financial winds are moving in the wrong direction for the industry, raising more “above ground” problems at a time that they can ill-afford it. For example, there is at least $34.2

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Oil Climate Gas Industrial 150

Green Car Congress

MAY 25, 2011

The Pacific Northwest has the diverse feedstocks, fuel-delivery infrastructure and political will needed to create a viable biofuels industry capable of reducing greenhouse gases and meeting the future fuel demands of the aviation industry, according to a newly-released study by Sustainable Aviation Fuels Northwest (SAFN).

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Oil Industrial Industry Renewable 230

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JULY 7, 2012

The Nikkei reports that the nationwide average price in Japan for regular gasoline was ¥139.8 Prices at the pump are falling in Japan not only due to lower crude oil prices, but also because the widespread popularity of fuel-efficient vehicles has lowered demand for gasoline.A per liter ($6.65

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Japan Gasoline Fuel Gasoline-Electric 258

Green Car Congress

JUNE 24, 2015

This also demonstrates how the OPEC strategy of maintaining an oil price ceiling is affecting US E&P companies, forcing a consolidation which I believe will be unprecedented in size and scope. State run oil companies don’t do this very well and usually fail to adjust to price movements while free market capital-based societies do.

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Oil Industrial Industry 2016 150

Green Car Congress

SEPTEMBER 21, 2015

New crews will have to be hired and retrained because the old crews have either moved onto other industries under mass layoffs or will move on once their 6 months of unemployment benefits run out. And markets won’t wait to adjust pricing until we hit a balance. There will be some foreshadowing in oil prices here.

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Oil Prices Oil Oil-Sands Price 150

Green Car Congress

APRIL 22, 2013

improved battery chemistry that allows for faster and deeper charging and reductions in battery cell and other component costs), and oil prices increasing to $200 per barrel: Low. The high electric transportation scenario combines the advanced battery scenario with high oil prices ($200/barrel in 2035).

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Oil Prices Vehicles 2012 Transportation 294

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JULY 17, 2012

Put simply, the empirical results merely reflect the fact that ethanol production increased during the sample period whereas the ratio of gasoline to crude oil prices decreased. We hope that our paper will re-orient the discussion surrounding these important issues.” —Chris Knittel.

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Davis MIT Gasoline 2010 334

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FEBRUARY 17, 2012

growth in the industry over the next decade, Pike expects production volumes to fall short of an estimated 71.8 continue to pour into the industry. Key trends identified in the report include: Oil prices are expected to climb over the next decade, driving increased interest in. growth in the global biofuels industry.

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Global Market 2012 Financing 253

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AUGUST 31, 2011

High oil prices, a global economic rebound, and new laws and mandates in Argentina, Brazil, Canada, China, and the United States, among other countries, are all factors behind the surge in production, according to research conducted by the Worldwatch Institute’s Climate and Energy Program for the website Vital Signs Online.

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2010 Brazil Global Argentina 256

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SEPTEMBER 20, 2011

In addition to technological advances, price developments play a key role in determining overall energy usage, Worldwatch notes. World crude oil prices more than tripled between 2004 and 2008—the fastest rise since the oil crisis of the late 1970s—contributing to the sharp decline in energy intensity during that period.

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2010 Global Energy 2008 246

CN EV Post

JULY 20, 2022

High oil prices are helping NEVs replace ICE vehicles, and the latter have more raw material costs including copper and aluminum. The post China's NEV industry currently immune to inflation, analysts say appeared first on CnEVPost. For more articles, please visit CnEVPost.

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Industrial Industry China Oil Prices 97

Green Car Congress

DECEMBER 8, 2020

The data speaks to a major problem for the petroleum industry and oil prices as it recovers from unprecedented demand declines for most of 2020. A persistent rebound in global oil markets requires profitability in transportation products. and 1.1%, respectively. But that won’t happen until demand recovers.

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Gasoline 2020 Wyoming New Jersey 321

Green Car Congress

MARCH 11, 2019

New research released by NTEA – The Association for the Work Truck Industry confirms that fleets across the country are increasingly relying on biodiesel for their existing and new diesel vehicles. It is highly likely that clean energy solutions will remain relevant due to oil price instability.

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Purchase Fleet 2019 Diesel 207