Crude Oil Prices Will Increase Through 2024 As Demand Rises Above Supply — EIA Forecast
We forecast higher crude oil prices in the second half of 2023 and into 2024 in our latest Short-Term Energy … [continued]
oil prices
Electric Vehicles & The US Economy — A Win-Win Situation
New research indicates that mass EV adoption will reduce both US environmental and economic risk.
How Does The Price of Oil Impact EV Adoption?
The oil price shock of 2022 has driven a great deal of new interest in EVs, which has just served … [continued]
Fight Fascists & Save Money: Go Electric
The price of a gallon of gasoline is surging, putting a strain on drivers’ pocketbooks. While prices at the pump … [continued]
Middle Eastern Oil Producers Worried More People Will Buy EVs As A Result Of High…
Middle Eastern oil producers are worried that more people will buy EVs in light of the high oil prices. Iraq’s … [continued]
Will The EV Revolution Trigger Global Economic Crisis?
Originally posted on EVANNEX. By Charles Morris The transition to electric vehicles and renewable energy is already creating winners and losers. We … [continued]
US To Halt 1.75 Million Barrels Of Oil Production Per Day (IHS Forecast) — Just…
Even from this short-term crisis, IHS Markit expects no real return to “normal,” at least not soon. “However, about one third of the volumes (approximately 550,000 b/d) will stay off the market for the long-term
Fossil Industry Extracting From Another Source: Taxpayers
With production slowing and a few fossil fuel projects on hold, industry is focusing on squeezing taxpayers for every dime they can.
Speculation, Hopes, Tweets, & Wishful Thinking: Negative Oil Prices Explained
A barrel of West Texas Intermediate crude oil sold for minus $37 yesterday. How is that possible and what does it say about the future of the oil industry?
When #ElonMuskDay Trends On 4/20, Oil Crashes Below $0 🤪 #CleanEnergyIsWinning
“Elon Musk Day” was trending on Twitter yesterday as many, including myself, celebrated him on 4/20, but what wasn’t planned was oil prices crashing to $0. Actually, oil went past $0 and into negative territory.
