Green Car Congress

FEBRUARY 3, 2015

Oil companies have eyed the Arctic for years. With an estimated 90 billion barrels of oil lying north of the Arctic Circle, the circumpolar north is arguably the last corner of the globe that is still almost entirely unexplored. Statoil, the semi-state-owned oil company from Norway, has been an offshore leader and Arctic pioneer.

Oil 150

Oil Alaska Oil Prices 2015 150

Green Car Congress

JULY 6, 2018

When reports emerged that India and China are in talks about forming an oil buyers’ club , OPEC was probably too busy with its upcoming June 22 meeting to concern itself with that dangerous alliance. What’s more, they might not be alone in this attempt to curb OPEC’s clout on the global oil market. The timing is right. The boom in U.S.

Oil 150

Oil India Oil Prices Japan 150

Green Car Congress

NOVEMBER 12, 2012

The WEO finds that the extraordinary growth in oil and natural gas output in the United States will mean a sea-change in global energy flows. barely rises in OECD countries, although there is a pronounced shift away from oil, coal (and, in some countries, nuclear) towards natural gas and renewables. Oil demand reaches 99.7

Global 225

Global 2012 Energy Oil 225

Green Car Congress

APRIL 7, 2010

EIA projects that world oil consumption will grow by 1.5 This growth is the result of an expected recovery in the global economy, with world gross domestic product (GDP, on an oil-weighted basis) assumed to rise by more than 3 percent per year. US crude oil production averaged 5.32 million barrels per day (bbl/d) in 2010 and 1.6

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2008 2010 Emissions Fuel 186

Green Car Congress

FEBRUARY 25, 2016

The research estimates that the growth of EVs will mean they represent a quarter of the cars on the road by that date, displacing 13 million barrels per day of crude oil but using 1,900 TWh of electricity. At the core of this forecast is the work we have done on EV battery prices. Although some 1.3 per year.

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Cost Of Sale Global Vehicles 150

Green Car Congress

JULY 6, 2017

The result will be rapidly rising market shares for electric vehicles in the biggest markets, even with oil prices staying low. Countries that have made early progress in EV uptake are expected to be among the leaders in 2040, including Norway, France, and the UK.

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PHEV Sale Lithium Ion Cars 170

Green Car Congress

AUGUST 9, 2023

The US Energy Information Administration (EIA) expects US crude oil production to surpass 12.9 In its August Short-Term Energy Outlook (STEO), EIA forecasts US crude oil production to average 12.8 EIA forecasts the Brent crude oil price to increase the rest of 2023 and to approach $90 per barrel in late 2023. per gallon.

Oil 370

Oil Oil Prices Global Price 370

Green Car Congress

JUNE 27, 2012

World oil production capacity to 2020 (crude oil and NGLs, excluding biofuels). 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 Source: Maugeri 2012.

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Oil Oil-Sands Price Production 261

Green Car Congress

JANUARY 11, 2023

EIA expects crude oil prices to decrease through 2023 and 2024, even as petroleum consumption increases, largely because growth in crude oil production in the United States and abroad will continue to increase over the next two years. Areas of uncertainty include Russian oil supply and OPEC production. per gallon in 2024.

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Oil Prices Oil Global Price 210

EV Report

APRIL 30, 2020

Above – Electric Car at Norway. Most people do know and feel that if we drive electric cars we could reduce the consumption of oil and could reduce pollution. Norway, a small rural country having a population of only 5 million has been steadily building electric cars. In Norway, most cars are imported.

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Electric Cars Norway Cars Electric 52