Travel, emissions, and manufacturing are down The International Energy Agency (IEA) just released their latest oil market forecast this morning, and it expects global oil demand to decline this year as the impact of the new coronavirus (COVID-19) spreads around the world, constricting travel and broader economic activity. The situation remains fluid, creating an extraordinary [...]
When I told a girlfriend I was going out on a Shell oil rig she scrunched up her face and quizzically asked why. If you ask people where they buy their gasoline, they will rattle off the name of their local gasoline station. Most people don't think about where petroleum comes from that they are [...]
Climate experts Here's the frightening implication of a landmark study on carbon emissions: By 2018, no new cars, homes, schools, factories, or electrical power plants should be built anywhere in the world, ever again, unless they're either replacements for old ones or carbon neutral. Otherwise, greenhouse gas emissions will push global warming past 2C of [...]
By Stephen Leahy After years of heralding it's green credentials, BP has quietly been selling off it's renewable energy investments and focusing solely on fossil fuels Oil giant BP spent millions of dollars telling the world it was moving “Beyond Petroleum” into renewables. Now it is quietly shifting “Back to Petroleum”, announcing the [...]
Dr. Peter Wells is a Non-Executive director of Neftex. Neftex started earth modeling in 2003. The Neftex Earth Model now approaches full global coverage and has application to the Petroleum, Minerals, Finance, Groundwater and Publishing industries, and also to the emerging field of Carbon Capture and Storage. Wells talks about what the future supply of [...]
2010 North American International Auto Show (NAIAS), Detroit, MI - Dr. Patrick Oliva is the global Vice President of sustainable development for the Michelin Group. I wrote an article in 2006 about the savings from a In a white paper written by the USEPA entitled “Effect of Single Wide Tires and Trailer Aerodynamics on Fuel [...]
Riding the waves of Nature Hurricane Gustav is bearing down on the Gulf of Mexico, making CIBC warn motorists that they should brace for gasoline to spike to over $5 a gallon as storms are shutting down oil production in the region. Gas prices may go up, not because of the price of oil, but [...]
Oil is on the rise, so is gasoline. John Batchelor, KFI640 AM host, asks Lou Ann Hammond about the price of gasoline. Hammond talks about Toyota becoming the number one global sales leader and Ford posting a profit.
I sat down with Paul Taylor, Chief Economist, National Automobile Dealers Association (NADA) for a discussion on the state of the auto industry. This is the second part of a four part discussion. In this discussion we talk about oil, whether it will go up or down and the effect it will have on automotive [...]
Sao Paulo, Brazil, November 24, 2007 - I was in Sao Paulo for four days, meeting automotive executives and heads of state, and attending a party with some Brazilian journalists and economists. Brazil is well known for its ethanol, but in the last month, they have announced that they have found oil. What will this [...]