Green Car Congress

MAY 30, 2018

Gasoline is one of the products refined from crude oil. Thus, the price of crude oil should have a strong influence on the price of gasoline. However, the retail price of gasoline includes other costs as well. So how strong, indeed, is the relationship in the United States between crude-oil and gasoline prices?

Oil Prices 220

Oil Prices Gasoline Oil Price 220

Green Car Congress

APRIL 8, 2020

The trajectory of North American gas supply is set to change radically as a result of the fall in oil prices that has occurred due to COVID-19 and the breakdown in production cooperation between OPEC and Russia, according to IHS Markit. Associated gas is regular natural gas that is produced together with oil out of the same well.

Oil Prices 210

Oil Prices Oil Gas Supplies 210

Green Car Congress

NOVEMBER 7, 2014

The shale revolution’s sweet spot is oilfield services, the lower-risk backbone of the American oil and gas boom that pays off regardless of a play’s economics. A major factor in this growth has been an uptick in horizontal drilling in the Permian Basin, Texas’ revived giant, where the rig count was up 21% year-on-year.

Oil 261

Oil Oil Prices Texas United States 261

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

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. That pushed companies to focus on wet gas and oil.

Oil Prices 150

Oil Prices Oil Price Mexico 150

Teslarati

FEBRUARY 25, 2022

Tesla’s ( NASDAQ: TSLA ) plans to expand its production capacity, along with other factors like surging oil prices that could sway consumers to electric vehicles, have contributed to Daiwa Securities analysts upgrading their outlook on the automaker’s stock.

Oil Prices 143

Oil Prices Oil Price Production 143

Green Car Congress

NOVEMBER 26, 2015

Crude oil just capped off a third straight week of declines, as WTI nears the $40 per barrel threshold. Goldman Sachs is once again raising the possibility of oil dipping into the $20s per barrel. Still, upstream E&P companies are also being substantially squeezed by another plunge in oil prices.

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. Supply alone, however, doesn’t determine price. That is a good thing.

Oil Prices 150

Oil Prices Oil Price Saudi Arabia 150

Green Car Congress

AUGUST 24, 2018

The US Energy Information Administration (EIA) August Short-Term Energy Outlook (STEO) forecasts that US crude oil production will average 10.7 This national increase is almost entirely driven by tight oil. Lower wellhead prices in the region are contributing to slower growth in Permian crude oil production in 2019 compared with 2018.

2019 236

2019 Oil Production 2018 236

Green Car Congress

JUNE 13, 2012

Oil remains the world’s leading fuel, but its 33.1% Oil demand grew by less than 1%—the slowest rate amongst fossil fuels—while gas grew by 2.2%, and coal was the only fossil fuel with above average annual consumption growth at 5.4% The fossil fuel mix continues to change with oil, the world’s leading fuel at 33.1%

Coal 261

Coal Oil Renewable Saudi Arabia 261

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 Oil-Sands Price 150

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. Their open-access paper appears in the journal Nature Energy.

Gasoline 505

Gasoline Motoring Motor Motors 505

Green Car Congress

APRIL 27, 2017

Crude oil production in the US Permian Basin is expected to increase to an estimated 2.4 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. million b/d) in that month. million b/d) in that month.

Oil 170

Oil Production New Mexico Oil Prices 170

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. We expect continued strong activity in oil and liquids-rich resource plays in 2012. —Ronyld W.

El Paso 225

El Paso 2011 Oil Gas 225

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 New Mexico 236

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 13, 2016

The rig count has rebounded from the lows seen in late May, a small indication that oil companies in the US could begin drilling anew. 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.

Oil 150

Oil Industrial Industry Oil Prices 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.

Argentina 150

Argentina Oil Oil Prices Chevron 150

Green Car Congress

MARCH 20, 2012

The divergence of West Texas Intermediate (WTI) and Brent crude oil prices in 2011 affected refinery utilization in the United States, particularly in the East Coast (PADD 1) and Midwest (PADD 2) regions, according to a report from the US Energy Information Administration (EIA). Source: EIA. Click to enlarge.

2011 199

2011 Oil Texas Oil Prices 199

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

DECEMBER 17, 2014

Household gasoline costs are forecast to average $1,962 next year, assuming that EIA’s price forecast, which is highly uncertain, is realized. The price for US regular gasoline has fallen 11 weeks in a row to an average $2.55 per gallon from its 2014 peak in late April and the lowest price since October 2009.

2015 210

2015 Gasoline Fuel Economy MPG 210

Green Car Congress

APRIL 15, 2010

The results are based on Evogene’s objectives for castor bean varieties, aimed at increasing crop yields to 4-5 ton/ha on semi-arid lands—at present focusing on Texas and Brazil—and therefore providing the additional benefit of not competing with food use of arable land. Assaf Oron, Evogene’s EVP Strategy and Business Development.

Emissions 210

Emissions Brazil Denver Israel 210

Green Car Congress

APRIL 27, 2017

Global oil discoveries fell to a record low in 2016 as companies continued to cut spending and conventional oil projects sanctioned were at the lowest level in more than 70 years, according to the International Energy Agency, which warned that both trends could continue this year. Oil discoveries declined to 2.4

Oil 150

Oil 2016 Oil-Sands Global 150

Green Car Congress

AUGUST 20, 2019

The increase in demand came as the US continued to sustain world-leading production, which continues to meet virtually all global oil demand growth. compared with July 2018, even as gasoline prices were 3.6% Refining and petrochemical demand for liquid feedstocks, naphtha, and gasoil (“other oils”) was 5.3 from June and 0.4%

2005 207

2005 Fuel 2018 Oil 207

Green Car Congress

MAY 30, 2019

ExxonMobil expects to increase annual earnings potential by more than 140% and double potential annual cash flow from operations by 2025 from 2017 adjusted earnings, assuming a 2017 oil price of $60 per barrel adjusted for inflation and based on 2017 margins. billion barrels of discovered recoverable resource.

Papua New Guinea 191

Papua New Guinea Emissions Carbon Guyana 191

Green Car Congress

DECEMBER 5, 2012

AEO2013 offers a number of other key findings, including: Crude oil production , especially from tight oil plays, rises sharply over the next decade. Domestic oil production will rise to 7.5 Biofuels grow at a slower rate due to lower crude oil prices and. Overall findings. Biomass and biofuels growth is slower.

Fuel 225

Fuel Energy 2013 Sale 225

Green Car Congress

FEBRUARY 13, 2011

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. It also notes that, while the specific numbers may not be exact, their magnitude should be correct along with relative sales among states.

2015 236

2015 Electric Vehicles Vehicles Sale 236

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. What it means for the oil and gas industry. by James Stafford for Oilprice.com.

Water 150

Water Oil Texas Gas 150

Green Car Congress

OCTOBER 9, 2017

With the successful scale-up of this technology, it is believed that Gevo’s HEDFs could be produced at a lower cost than the petroleum-based equivalent, even at current oil prices. Gevo currently operates a biorefinery in Silsbee, Texas, in collaboration with South Hampton Resources Inc.,

Renewable 150

Renewable Energy Fuel Minnesota 150

Green Car Congress

SEPTEMBER 26, 2017

When a geologist looks for new oil reserves, we typically go back to geologic targets where we know oil was targeted and produced previously, and in a well file, we call those targets the producing or completion formations.

Oil 150

Oil New Mexico Oil Prices Production 150

Green Car Congress

JUNE 20, 2011

Genomatica expects Bio-BDO to be competitive at oil prices of $45 per barrel or at natural gas prices of $3.50 Greener reaction conditions: Kraton Performance Polymers, LLC, Houston, Texas. Oil-based alkyd paints have high levels of volatile organic compounds (VOCs) that become air pollutants as the paint dries.

Green 236

Green 2011 Market 2020 236

Green Car Congress

MARCH 2, 2013

The US Department of State (DOS) has released its Draft Supplemental Environmental Impact Statement (SEIS) in response to TransCanada’s May 2012 application for the Keystone XL pipeline that would run from Canada’s oils sands in Alberta to Nebraska. The pipeline would primarily transport crude oil from the WCSB and Bakken regions.

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? Millions of EVs and PHEVs would expand the sale of electricity as an alternative to oil. No more Big OIL - think of the extra money stimulating the economy!

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 Industrial 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. Since the U.S. Since the U.S.

Oil 113

Oil Price Companies Saudi Arabia 113