Mobility as a Service won’t really arrive until 2030 and become a mature business model until 2050 The hype around autonomous electric vehicles (AEV) is out of control, much of it led by Elon Musk, the visionary CEO of Tesla Motors, who has claimed that existing EVs will become fully autonomous with just a software […]
Podcast: Don’t believe Elon Musk’s hype about autonomous driving EVs Read More »
Trump energy policies criticized by natural gas, utilities The proposed Trump administration energy policies, which include subsidies for coal and nuclear plants, were supposed to boost the American energy industry, but some sectors have been critical of the plan. “Subsidies don’t make you competitive – and don’t make you great again,” Robert Flexon, president and
Trump energy policies yet to aid energy firms Read More »
Oil prices down as Baker Hughes reports drop in US rig count Oil prices fell in trading on Friday, undercutting a 10 per cent rally in December, as rising US production and a weakening demand for refined products overshadowed ongoing tensions in Iran. “The holiday demand surge that we get is in the rearview mirror,”
Oil prices drop on rising US production, weaker refined products demand Read More »
Futures prices sending signal to US shale firms to boost output By John Kemp LONDON, Jan 5 – US crude oil prices have risen above $60 per barrel which should accelerate shale drilling and production in the next few months, provided the price increase is sustained. US crude futures are trading over $60 for
Column: US shale returns to growth, posing problem for OPEC Read More »
NGL production expected to grow in five years as demand increases In the latest installment of its FundamentalEdge series, Drillinginfo released Chasing Crude, a market outlook report focused on its latest view of price and production forecasts for the oil, natural gas, and NGL markets. Chasing Crude continues to monitor the global supply/demand balance for crude oil. Following
Spot wholesale electricity prices also rose: $200/MWh in New York City, $185/MWh in New England Estimated U.S. natural gas demand on Jan. 1 reached 150.7 billion cubic feet, surpassing the previous single-day record set in 2014, according to the U.S. Energy Information Administration. Much colder-than-normal temperatures across much of the United States have led to increased
Cold weather, higher exports result in record American natural gas demand Read More »
Through 2020, market projected to experience 38% annual growth A new report from Navigant Research shows that electric vehicle(EV) sale surpassed 1 million in 2017, according to a press release. Recent developments in the plug-in electric(PEV) market, including the rollout of long-range battery EVs (BEVs) at sub-$40,000 price points, have positioned the segment for robust growth. Since
Global plug-in electric vehicle sales surpassed 1 million in 2017 Read More »
Cold weather on US East Coast also boosts oil prices Oil prices rose to their highest levels since May 2015 on possible supply risks due to instability in Iran as well as successful OPEC-led output cuts and higher demand as a winter “weather bomb” hits the East Coast of the United States. By 3:43 p.m.
Oil prices hit highest mark since spring 2015 on Iran unrest, OPEC cuts Read More »
Almost 80 per cent of US EV drivers lease their vehicles The market for plug-in vehicles in the United States is dominated by leases, as many EV drivers opt to not buy their vehicles. According to a Bloomberg report, these drivers are often choosing to lease their cars because they believe upcoming models will exceed
Most EV drivers lease cars, see upcoming models eclipsing current EVs Read More »
$714,500 for 2 Univ. of Calgary projects, one to design system for detecting, measuring methane emissions from oil and gas sector Two University of Calgary research projects that support the development of clean technologies in Alberta will receive support from the federal government, according to a press release. At a news conference held at the university’s downtown campus on
Calgary projects get $3.5 million for clean technology development from Ottawa Read More »
