Green Car Congress

JULY 21, 2021

The most recent four-week rolling average of US crude oil exports reached 3.51 In 2013, the US government lifted export restrictions on minimally processed ultra-light oil. In the summer of 2015, the United States and Mexico entered into an oil exchange agreement, and the restrictions on oil exports were fully lifted in December 2015.

Oil 418

Oil 2020 Oil Prices 2015 418

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).

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Oil Global Price Production 243

Green Car Congress

OCTOBER 26, 2017

Oil prices 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. bank Citi said.

Oil Prices 170

Oil Prices Oil Libya Iraq 170

Green Car Congress

AUGUST 15, 2018

The rivalry between Saudi Arabia and Iran is becoming increasingly evident in the oil pricing policies of the two large Middle Eastern producers. The two countries are currently reigniting the market share and pricing war ahead of the returning U.S. sanctions on Iranian oil. by Tsvetana Paraskova for Oilprice.com.

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Saudi Arabia Iran Oil Prices Oil 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. And that is going to severely hurt an all but invisible group; strippers in the United States.

Oil Prices 150

Oil Prices Oil Price 2002 150

Green Car Congress

JANUARY 21, 2015

The lower count provides fresh evidence that low oil prices are forcing drillers to pare back operations and slash spending. While that may soon begin to cut into actual production figures, a new Wood Mackenzie report finds a lot of nuance in the oil patch, painting a complex picture of what to expect in 2015. Source: [link].

Oil Prices 150

Oil Prices Oil Price Mexico 150

Green Car Congress

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.

Oil Prices 150

Oil Prices Oil Price Oil-Sands 150

Green Car Congress

SEPTEMBER 8, 2022

The US Energy Information Administration (EIA) expects higher-than-average natural gas prices globally as demand remains high this winter in the United States, Europe, and Asia, and inventories remain low. per million British thermal units in January 2023. per million British thermal units in January 2023.

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Gas Price Global Gas-Electric 150

Green Car Congress

MAY 24, 2022

On 16 May 2022, the average US on-highway retail diesel fuel price was $5.61 Although retail diesel prices have increased across the entire United States, prices in the Northeast have increased the most and are now among the highest in the country. On 16 May, the average retail diesel price was $6.43/gal

Diesel 259

Diesel Price California Philadelphia 259

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 March 2020, crude oil prices decreased because of the sudden drop in petroleum demand that resulted from the global response to the coronavirus (COVID-19) pandemic.

Oil 418

Oil 2020 North Dakota New Mexico 418

Green Car Congress

JUNE 2, 2022

The reason is that, in the United States, oil is used to generate less than 1% of electricity. Therefore, the recent jump in oil prices (because of the war in Ukraine), should have only a relatively small indirect effect on the cost of electricity. Month (2022). Electricity. .

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Gasoline-Electric Gasoline Cost Of Diesel 321

Green Car Congress

NOVEMBER 7, 2019

US shale production—the chief source of rapid growth that made the United States the world’s largest oil producer—is slowing down fast, says a new report by IHS Markit. The combination of closed capital markets and weak prices are pulling cash out of the system. —Raoul LeBlanc. —Raoul LeBlanc.

Oil 170

Oil Price Oil Prices Production 170

Green Car Congress

SEPTEMBER 21, 2015

But shale is not a switch when it comes to controlling commodity prices, which are much more impatient. Back in the good old days—2012 or so—a single stage on a shale job was being priced at $125,000 or more. Sand pricing has come way down as have chemicals, but labor remains where it was.

Oil Prices 150

Oil Prices Oil Oil-Sands Price 150

Green Car Congress

JANUARY 6, 2022

The world’s two largest economies—the United States and China—are poised to be the world’s top export and import markets for liquefied natural gas (LNG), respectively, in 2022, according to a new report by IHS Markit. Spot LNG prices have soared past previous records.

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Qatar China United States Brazil 186

Green Car Congress

OCTOBER 7, 2021

The fast-growing economies in Asia could combine to become the largest importer of natural gas and crude oil by 2050, given their significant increase in energy consumption. Projections for the United States in IEO2021 are consistent with those released in the Annual Energy Outlook 2021. —Stephen Nalley.

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Global Emissions Energy Asia 259

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. RBC Capital Markets estimates that 20,061 horizontal wells will be drilled in the United States alone this year, with that number increasing by well over 1,000 in 2015.

Oil 261

Oil Oil Prices Texas United States 261

Green Car Congress

APRIL 7, 2021

The US Energy Information Administration (EIA) forecasts an increase in demand for petroleum products during the 2021 summer driving season as the impacts of COVID-19 diminish in the United States. EIA expects the retail price of regular-grade gasoline in the United States will average $2.78 gal last summer.

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2019 Fuel Coal 2020 186

Green Car Congress

AUGUST 9, 2016

Natural gas spot prices shot up following the data release on August 4, although they fell back again shortly after. Natural gas consumption patterns are much more seasonal than for oil. Natural gas prices have traded below $3 per million Btu since the beginning of 2015. But that doesn’t look like it will come to pass.

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Gas Price Gas-Electric Oil 150

Green Car Congress

AUGUST 6, 2015

A flood of bearish news has pushed down oil prices to their lowest levels in months, with WTI nearing $45 per barrel and Brent flirting with sub-$50 territory. With a bear market back, there is pessimism throughout the oil markets. Also, the ban on oil exports kept oil stuck within US borders.

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Oil Prices Oil United States North America 150

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.

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Argentina Oil Oil Prices Chevron 150

Green Car Congress

JULY 18, 2020

The Mobility Dynamic Index Forecast Module identifies the changes in travel mobility caused by the evolution of the COVID-19 pandemic and government orders, and it projects the changes in travel mobility indices relative to the pre-COVID-19 period in the United State.

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Gasoline Motor Motors Motoring 505

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.

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Oil Gas Oil Prices Water 199

Green Car Congress

MAY 13, 2015

The resulting crash in oil prices is forcing some production out of the market, and Saudi Arabia intends for the brunt of that to be borne by others. There is a lag between movements in the oil price and corresponding changes in production. But the effects of the oil price crash are now being felt.

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Saudi Arabia Oil Prices Oil Price 150

Green Car Congress

AUGUST 24, 2018

Although favorable geology combined with technological and operational improvements have contributed to the Permian region becoming one of the more economically favorable regions for crude oil production in the United States, recent pipeline capacity constraints have dampened wellhead prices for the region’s oil producers.

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2019 Oil Production 2018 236

Green Car Congress

APRIL 27, 2017

Between January 2016 and March 2017, oil production in the Permian Basin increased in all but three months, even as domestic crude oil prices fell. As production in other regions fell throughout most of 2015 and 2016, the Permian provided a growing share of US crude oil production.

Oil 170

Oil Production New Mexico Oil Prices 170

Green Car Congress

JANUARY 19, 2022

The International Council on Clean Transportation (ICCT) has released a report prepared by the consultancy Cerulogy that explores the potential market and environmental impacts of increased capacity for renewable diesel produced by hydrotreating oils and fats in the US.

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Renewable Diesel Production Oil 243

Green Car Congress

APRIL 14, 2015

AEO2015 presents updated projections for US energy markets through 2040 based on six cases (Reference, Low and High Economic Growth, Low and High Oil Price, and High Oil and Gas Resource) that reflect updated scenarios for future crude oil prices. The United States has been a net importer of energy since the 1950s.

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2020 Energy Transportation Oil Prices 150

Green Car Congress

MAY 26, 2009

The brief concentrates on six topics: climate change policy, carbon capture and storage policy, oil security policy, energy-technology innovation policy, electricity market structure, and infrastructure policy. The United States cannot afford to wait any longer to enact long-term policies on these topics. Oil security policy.

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Energy Price Oil Prices Climate Change 150

Green Car Congress

AUGUST 27, 2013

If China’s use of petroleum continues to grow as projected, it is expected to replace the United States as the world’s largest net oil importer this fall. Petroleum use in North America, which is dominated by consumption in the United States, has declined since 2005. North America.

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North America 2012 America Europe 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.

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Oil Prices Oil Global Price 210

Green Car Congress

JULY 26, 2013

The price disparity between crude oil and other resources, coupled with the emergence of cheap and abundant shale gas, especially in the United States, is opening up opportunities to produce cheaper gasoline, according to a new report from Lux Research. times the current production.

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Waste Gasoline Gas Fuel 236

Green Car Congress

MARCH 3, 2017

The oil majors reported poor earnings for the fourth quarter of last year, but many oil executives struck an optimistic tone about the road ahead. The collapse of oil prices forced the majors to slash spending on exploration, cut employees, defer projects, and look for efficiencies. But that is just for shale drilling.

Oil 150

Oil 2011 Oil Prices Chevron 150

Green Car Congress

NOVEMBER 4, 2019

in 2018, driven in large part by the People’s Republic of China, India and the United States, which were responsible for 70% of demand growth. In the United States, primary demand increased for the first time since 2014. In the United States, primary intensity worsened for the first time in more than 25 years.

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Global Energy 2018 Coal 150

Green Car Congress

NOVEMBER 13, 2013

High oil prices, persistent differences in gas and electricity prices between regions and rising energy import bills in many countries focus attention on the relationship between energy and the broader economy. Demand for mobility and for petrochemicals keeps oil use on an upward trend to 2035, although the pace of growth slows.

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Oil 2013 Energy Emissions 275

Green Car Congress

FEBRUARY 23, 2017

Similar to how ethanol is currently blended into motor gasoline in the United States, methanol is blended into gasoline in China. Smaller amounts of China’s methanol supply are imported from the Middle East, Southeast Asia, South America, and the United States. Most of China’s methanol supply is from domestic production.

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2000 2016 Fuel China 150

Green Car Congress

JULY 25, 2013

The Brent crude oil spot price averaged $112 per barrel in 2012, and EIA’s July 2013 Short-Term Energy Outlook projects averages of $105 per barrel in 2013 and $100 per barrel in 2014. Despite rising fuel prices, use of liquids for transportation increases by an average of 1.1% Liquid fuels. Source: IEO2013.

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2010 Transportation Fuel Energy 317

Green Car Congress

OCTOBER 25, 2015

“We think that banks are generally giving producers more time to improve financial health and that spring ‘16 redeterminations could be much tougher without significant commodity price improvement,” said Jonathan Wolff, an analyst with Jeffries, according to SNL. Maintaining access to finance can come at a price.

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Saudi Arabia Oil Prices Oil Russia 150