Search Results for crude-oil
9 item(s) were returned.
Discussion

Low Oil Prices: Opportunity or Barrier for U.S. Industry?

Author(s): OurEnergyPolicy.org
Administrator
OurEnergyPolicy.org
Date: September 28, 2015 at 11:00 AM

Crude oil prices have dominated headlines and industry attention over the past year. In 2014 and continuing in 2015, the Organization of the Petroleum Exporting Countries (OPEC) agreed to unconstrained output for it 12 member countries, resulting in a dramatic increase in global oil supply. Meanwhile, China and Europe’s demand for oil has remained relatively steady. In addition, U.S. domestic production nearly doubled since 2008, decreasing domestic imports and leaving more oil on the global market. As a result, oil prices fell from $90 per barrel in 2014 to $46 per barrel today and projections indicate prices between $30 and $60 per barrel… [more]

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Discussion

Arctic Potential: Realizing the Promise of U.S. Arctic Oil and Gas Resources

Author(s): OurEnergyPolicy.org
Administrator
OurEnergyPolicy.org
Date: June 17, 2015 at 10:58 AM

Full Title: Arctic Potential: Realizing the Promise of U.S. Arctic Oil and Gas Resources Author(s): National Petroleum Council Publisher(s): National Petroleum Council Publication Date: 03/2015 Full Text: ->DOWNLOAD DOCUMENT<- Description (excerpt): The Arctic is home to distinct indigenous peoples and provides habitat for large numbers of birds, mammals, and fishes. While some areas of the Arctic, such as the central North Slope of Alaska around Prudhoe Bay, have seen decades of economic activity, much of the region remains largely unaffected by human presence. Today, there is increasing interest in the Arctic for tourist potential, and reductions in summer ice provide an increasing opportunity for marine traffic. At the same time,… [more]

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Will Demand for Oil Peak by 2035?

Author(s): OurEnergyPolicy.org
Administrator
OurEnergyPolicy.org
Date: June 2, 2015 at 1:00 PM

Many are familiar with peak oil theory — the idea that global oil production will hit a ceiling and then decline — yet the concept of peak oil demand, where demand will plateau before supply, appears to be replacing this controversial hypothesis. Amy Myers Jaffe, Executive Director of Energy and Sustainability at UC Davis, recently wrote in the Wall Street Journal that a combination of technical, economic, environmental and demographic shifts could lead to peak global oil demand in the next two decades. By contrast, the Energy Information Administration (EIA) projects that global oil demand will rise from 87 million barrels per… [more]

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Discussion

Economic Letter: Crude Oil Export Ban Benefits Some … but Not All

Author(s): OurEnergyPolicy.org
Administrator
OurEnergyPolicy.org
Date: May 8, 2015 at 2:49 PM

Full Title: Economic Letter: Crude Oil Export Ban Benefits Some … but Not All Author(s): Michael D. Plante Publisher(s): Dallas Fed Publication Date: 07/2014 Full Text: ->DOWNLOAD DOCUMENT<- Description (excerpt): Lifting the U.S. ban on crude oil exports would alleviate a growing glut of oil at the Gulf Coast refineries and should eventually reduce retail gasoline and diesel prices, benefiting U.S. consumers.

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Discussion

IEA Response System for Oil Supply Emergencies

Author(s): OurEnergyPolicy.org
Administrator
OurEnergyPolicy.org
Date: April 22, 2015 at 3:23 PM

Full Title: IEA Response System for Oil Supply Emergencies Author(s): International Energy Agency (IEA) Publisher(s): International Energy Agency (IEA) Publication Date: 2012 Full Text: ->DOWNLOAD DOCUMENT<- Description (excerpt): The IEA Response to an Oil Supply Disruption: In the event of an actual or potentially severe oil supply disruption, the IEA Directorate of Energy Markets and Security assesses the market impact and the potential need for an IEA co-ordinated response. This market assessment includes an estimate of the additional production oil producers can bring to the market quickly, based on consultation with producer governments. Based on this assessment, the IEA Executive Director… [more]

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Discussion

Production Costs of Alternative Transportation Fuels: Influence of Crude Oil Price and Technology Maturity

Author(s): OurEnergyPolicy.org
Administrator
OurEnergyPolicy.org
Date: at 2:36 PM

Full Title: Production Costs of Alternative Transportation Fuels: Influence of Crude Oil Price and Technology Maturity Author(s): Pierpaolo Cazzola, Geoff Morrison, Hiroyuki Kaneko, François Cuenot, Abbas Ghandi and Lewis Fulton Publisher(s): International Energy Agency (IEA) Publication Date: 2013 Full Text: ->DOWNLOAD DOCUMENT<- Description (excerpt): This study examines the production costs of a range of transport fuels and energy carriers under varying crude oil price assumptions and technology market maturation levels. It uses an engineering “bottom‐up” approach to estimate the effect of both the input cost of oil and various technological assumptions on the finished price of these fuels. In total, the… [more]

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Discussion

New Energy, New Geopolitics Balancing Stability and Leverage

Author(s): OurEnergyPolicy.org
Administrator
OurEnergyPolicy.org
Date: April 16, 2015 at 3:05 PM

Full Title: New Energy, New Geopolitics Balancing Stability and Leverage Author(s): Sarah O. Ladislaw, Maren Leed, & Molly A. Walton Publisher(s): CSIS Publication Date: 04/2014 Full Text: ->DOWNLOAD DOCUMENT<- Description (excerpt): In the last ten years, U.S. shale gas and tight oil production has skyrocketed. Between 2005 and 2014, U.S. production of crude oil and natural gas has risen by nearly 65 and 34 per- cent, respectively, due to tight oil and shale gas development. The shale gas supplies from Pennsylvania alone equal the entire natural gas export capacity of Qatar, the world’s second largest natural gas exporter in 2012. And… [more]

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Discussion

Should the Crude Oil Export Ban Be Lifted?

Author(s): OurEnergyPolicy.org
Administrator
OurEnergyPolicy.org
Date: December 19, 2013 at 10:30 AM

Energy Secretary Ernest Moniz recently acknowledged that it may be time to lift the ban on exporting crude oil, a comment that elicited a flurry of support and opposition toward the idea and highlighted the need for a thorough debate on the issue. The ban was enacted in 1975, along with the Strategic Petroleum Reserve, as an energy supply security measure in response to the Arab oil embargoes. Since that time, the US energy landscape has changed and many are calling for a review of potentially outdated policies. “Those restrictions on exports were borne, as was the Department of Energy… [more]

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Uncovering the Forces that Impact Oil Prices

Author(s): OurEnergyPolicy.org
Administrator
OurEnergyPolicy.org
Date: May 13, 2013 at 1:34 PM

The crude oil price spikes and high fuel costs experienced in the U.S. over the past ten years have encouraged many attempts to identify the underlying causes of these trends. Diminishing oil resources, slowing rates and increasing costs of production, financial speculation and geopolitics are all common arguments used to explain the recent volatile price changes in oil. But is there a correct answer? According to a recent MIT study, one theory can be ruled out: financial speculation. “We show speculation had little, if any, effect on prices and volatility,” and may have even decreased prices, wrote the authors of… [more]

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