Green Car Congress

MARCH 10, 2021

The production decline resulted from reduced drilling activity related to low oil prices in 2020. In January 2020, US crude oil production reached a peak of 12.8 In May, US crude oil production reached its lowest average monthly volume for the year at 10.0 Crude oil production in Texas averaged 4.87

Oil 418

Oil 2020 North Dakota New Mexico 418

Green Car Congress

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.

Oil Prices 150

Oil Prices Oil Price Mexico 150

Green Car Congress

NOVEMBER 7, 2014

Behind the stardom of the explorers and producers who have put themselves on the revolutionary shale map and absorb most of the risk are the service providers who make up a highly lucrative market segment. All the drilling poises the oil and gas services industry for big gains. Baker Hughes’ rig count is up 3.8%

Oil 261

Oil Oil Prices Texas United States 261

Green Car Congress

NOVEMBER 26, 2015

an industry consultant, oil and gas companies have laid off more than 250,000 workers around the world, a tally that will rise if oil prices remain in the dumps. “I Still, upstream E&P companies are also being substantially squeezed by another plunge in oil prices. According to Graves & Co.,

Texas 150

Texas Oil Oil Prices Mexico 150

Green Car Congress

MARCH 5, 2015

Those claiming that oil will continue to fall from here and remain low for evermore, however, are flying in the face of both history and common sense. The question we should be asking ourselves is not if oil prices will recover, but when they will. So, enjoy low fuel prices while you can, but don’t expect them to last forever.

Oil Prices 150

Oil Prices Oil Price Saudi Arabia 150

Green Car Congress

JUNE 16, 2021

In the June Short-Term Energy Outlook (STEO), the US Energy Information Administration (EIA) forecasts that rising global production of petroleum and other liquid fuels (driven by OPEC, Russia, and the United States) will limit price increases for global crude oil benchmarks Brent and West Texas Intermediate (WTI).

Oil 243

Oil Global Price Production 243

Green Car Congress

DECEMBER 8, 2020

For decades, California led all US states in consumption of gasoline, but that position has been passed to Texas, which finds smaller year-on-year volume declines of 15.8%. 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.

Gasoline 321

Gasoline 2020 Wyoming New Jersey 321

Green Car Congress

JULY 18, 2020

Projections of the evolution of COVID-19 pandemic trends show that lockdowns help to reduce COVID-19 transmissions by as much as 90% compared with the baseline without any social distancing in Austin, Texas. However, this unprecedented phenomenon could last for a few years: Kissler et al.

Gasoline 505

Gasoline Motors Motor Motoring 505

Green Car Congress

JUNE 20, 2011

Separately, a new report by Pike Research forecasts that green chemistry represents a market opportunity that will grow from $2.8 billion pound, $3-billion worldwide market. Genomatica expects Bio-BDO to be competitive at oil prices of $45 per barrel or at natural gas prices of $3.50 billion in 2011 to $98.5

Green 236

Green 2011 Market 2020 236

Green Car Congress

JUNE 13, 2012

Oil remains the world’s leading fuel, but its 33.1% Coal’s market share of 30.3% The “Arab Spring” affected oil and gas supplies—most notably the complete, albeit temporary, loss of Libyan supply—while the tragic Fukushima accident in Japan had knock-on effects for nuclear and other energy sources around the world.

Coal 261

Coal Oil Renewable Saudi Arabia 261

Green Car Congress

AUGUST 31, 2016

The collapse of oil prices has ground shale drilling to a halt, but the one region where drilling is still active, and even increasing, is in West Texas. The West Texas shale basin has captured two-thirds of the 90 oil rigs that have been added since hitting a nadir in May. by Nick Cunningham of Oilprice.com.

Oil Prices 170

Oil Prices Oil Fort Worth Texas 170

Green Car Congress

JUNE 27, 2018

A GlobalData analysis of recent wells for 26 operators in the Permian basin indicates a break-even oil price range from US$21 to US$48 per barrel with lateral lengths ranging from 4,500 ft to 10,500 ft. On 25 June, the price of a 42-gallon barrel of West Texas Intermediate Crude (WTI) was $68.08.

Oil 236

Oil Chevron Texas Oil Prices 236

Green Car Congress

AUGUST 24, 2018

This national increase is almost entirely driven by tight oil. In particular, the Permian region in western Texas and eastern New Mexico is expected to account for more than half of the growth in crude oil production through 2019. Source: US Energy Information Administration, Short-Term Energy Outlook, August 2018. million b/d.

2019 236

2019 Oil Production 2018 236

Green Car Congress

APRIL 27, 2017

This sharp slowdown in activity in the conventional oil sector was the result of reduced investment spending driven by low oil prices. Every new piece of evidence points to a two-speed oil market, with new activity at a historic low on the conventional side contrasted by remarkable growth in US shale production.

Oil 150

Oil 2016 Oil-Sands Global 150

Green Car Congress

JANUARY 16, 2012

United States M&A activity for upstream oil and gas deals set records in 2011 for both deal values and deal counts, according to PLS, Inc., a provider of information, marketing and advisory services for the oil and gas industry. Click to enlarge. Already in 2012, Devon Energy has struck a $2.5

El Paso 225

El Paso 2011 Oil Gas 225

Green Car Congress

FEBRUARY 13, 2011

electric vehicle sales, and a national estimate of electric vehicle market share annually. Other states will be selling less than 8,000 electric vehicles per year, with fewer than 26,000 total registrations by 2015, even in the large markets of Texas, New York, and Florida.

2015 236

2015 Electric Vehicles Vehicles Sale 236

Green Car Congress

MARCH 13, 2016

Argentina offers one of the few places on earth where oil companies are not suffering from the full force of the collapse in prices. Argentina regulates oil prices, a policy originally intended to insulate the public from the whims of the market, protecting people from triple-digit crude prices.

Argentina 150

Argentina Oil Oil Prices Chevron 150

Green Car Congress

DECEMBER 5, 2012

Biofuels grow at a slower rate due to lower crude oil prices and. The decline reflects increased domestic production of both petroleum and natural gas, increased use of biofuels, and lower demand resulting from the adoption of new vehicle fuel efficiency standards and rising energy prices. Biomass and biofuels growth is slower.

Fuel 225

Fuel Energy 2013 Sale 225

Green Car Congress

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. In essence, shale could balance the market in the way OPEC used to. He also said that equipment suffers wear and tear over time even when not in use.

Oil 150

Oil Industry Industrial Oil Prices 150

Green Car Congress

AUGUST 20, 2019

With the strength in consumer demand, domestic refineries processed crude oil at their highest utilization rates so far in 2019 (17.6 Consequently, domestic West Texas Intermediate (WTI) crude oil prices averaged $57.36 However, WTI prices remained down 19.2% ($13.62 mb/d of throughput, utilizing 93.9%

2005 207

2005 Fuel 2018 Oil 207

Green Car Congress

APRIL 15, 2015

Globally, water demand is threatening to dangerously outpace supply, while in the US, dry states such as Texas and California are suffering from shortages and the future forebodes more suffering. How communities in Texas can be spared drought. We’re looking at continual drought and predictions of a new ‘mega drought’ for Texas.

Water 150

Water Oil Texas Gas 150

Green Car Congress

MARCH 2, 2013

The oil sands’ GHG results do not necessarily represent the average or actual oil sands composition (i.e., the types and shares of oil sands-derived crudes) that would flow through the proposed pipeline. “.from Market analysis. —Draft SEIS. —Draft SEIS.

Climate Change 250

Climate Change Oil-Sands Nebraska Climate 250

Tony Karrer Delicious EVdriven

APRIL 16, 2009

High-Speed Rail Unlocks Intermodal Potential Texas Excess Ford Expands Hybrid Success to Electric Vehicles ► March (17) Carbon Capture and Storage: To Be or Not To Be? 1) Nurture My Body (1) OESX (1) OIL ETN (1) OTCBB:PPRW (1) Oasys (1) Ocean Dead Zones (1) PLX Devices (1) PNE3.DE 2) Chevy Volt (2) China (2) ECOD3.SA SZ (1) 6753.T

Grid 28

Grid Electric Vehicles Vehicles Oil-Sands 28

Green Car Congress

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. Drilling oil and gas wells requires a lot of money. For companies that have seen their revenues vanish because of collapsing oil prices, access to credit is obviously critically important.

Oil 150

Oil Climate Gas Industry 150

The Truth About Cars

MAY 7, 2024

shale oil firms purposefully colluded with the government of Saudi Arabia to fix oil prices between 2021 and 2023. From BIG : Yesterday, the Federal Trade Commission released evidence confirming that collusion played a serious role in hiking oil prices at that time.

Oil 113

Oil Price Companies Saudi Arabia 113