oil prices Archives - Page 3 of 4

Gutted EPA Mileage Rules Will Please Global Petro-States

March 6, 20177 years ago susan 0 Comments

On Tuesday, March 7th, the Trump administration will reverse the Obama administration’s Final Determination requiring automakers meet an average 54.5 miles per gallon by 2025, according to Inside EPA.

An alliance of manufacturers had urged protection for fuel inefficiency in a letter to Trump EPA administrator Scott Pruitt in February, and the industry request is one of hundreds of industry-requested rollbacks in Obama rules that are now on the chopping block, according to the New York Times.

Price Of Oil Headed Back Up, Gasoline Hikes Will Follow

December 16, 20167 years ago Steve Hanley 0 Comments

In the world of oil, Saudi Arabia is the tail that wags the dog. For several years, it has stubbornly refused to cut oil production in the face of falling oil prices in order to maintain its dominant share of the oil market. It is also part of a strategy to drive tar sands and fracking producers out of business. Those non-traditional sources of oil are far more costly than pumping from reserves under the Arabian desert.

Oil Prices Respond Quickly To Supply Changes

November 25, 20167 years ago Guest Contributor 0 Comments

Originally published on The Lenz Blog. By Karl-Friedrich Lenz The Institutional Investor Group on Climate Change is an association of European investors representing €13 trillion in assets. It has just published a report titled “Investor Expectations of Oil and Gas Companies – Transition to a lower carbon future.” This document … [continued]

New Oil Discoveries At 70-Year Low, Large Supply Constraints As Soon As 2025

August 31, 20168 years ago James Ayre 0 Comments

Discovery of new oil supplies was at a 70-year low in 2015 — with just 2.7 billion barrels of new supplies discovered during the year, the lowest such figure since all the way back in 1947 — according to figures released by the Edinburgh-based consulting firm Wood Mackenzie. That 2.7 … [continued]

How Cheap Oil Is Accelerating Investment In Sustainable Energy

March 17, 20168 years ago worldwatchinstitute 14 Comments

Originally published on Worldwatch Institute. By Philip Killeen An increasingly unprofitable global oil market is driving fuel prices to historic lows and hemorrhaging investment in conventional energy sources. Breaking with tradition, cheap oil no longer foretells disaster for renewable energy companies. On the contrary, disillusioned fossil fuel investors are seeking … [continued]

Renewable Energy & Davos

February 8, 20168 years ago eliechachoua 3 Comments

Editorial note: If, like many Brazilians, you were on holidays for most of January, you might have missed two important international summits of relevance for climate and energy. Luckily for you, CleanTechnica was there to cover them while you were out and about on your first full-electric road trip (or whatever … [continued]

How Will Growing EV Demand Affect Oil Demand?

November 6, 20158 years ago James Ayre 54 Comments

Originally published on EV Obsession. Could mainstream electric vehicle adoption result in a significant drop in crude oil demand? While some impact would of course be expected with large-scale adoption, could the impact be larger than is currently supposed? An interesting new article published over on Seeking Alpha explores these … [continued]

[Updated] Bloomberg: Big Oil Losing Grip On Auto Industry — Demand Destruction Part Of Fall…

April 21, 20159 years ago James Ayre 45 Comments

Updated on April 23 to add two charts. Big oil is losing its grip on the auto industry; and, perhaps more interestingly, the recent drop in oil prices is at least partly the result of demand destruction rather than simply being a supply issue; according to analysts at Bloomberg New … [continued]

Falling Oil Prices Unlikely To Influence China’s Renewable Energy Investment Strategies

January 28, 20159 years ago Guest Contributor 5 Comments

Originally published on Energy Post. By John Mathews When oil prices collapsed in the 1980s, most large renewable energy programs were dismantled. But that won’t happen this time, writes John Mathews, Professor of Strategic Management at Macquarie University’s Graduate School of Management in Sydney, and author of a brand new … [continued]

Use Drop In Oil Prices To Put A Price On Carbon, Says IEA Director

December 15, 20149 years ago Guest Contributor 10 Comments

Originally published on EnergyPost. By Maria van der Hoeven With the drop in oil prices “delivering a shot of economic stimulus to consumers around the world”, policymakers have a “once-in-a-generation” chance to take actions to cut our reliance on fossil fuels, writes Maria van der Hoeven, Executive Director of the International … [continued]