Tag Archives: Policies

The US is now pumping an unprecedented 11.6 million barrel per day (bpd) of oil.

The IEA has forecast strong growth in gas use in other parts of Asia. including South and Southeast Asia.

Natural gas is the fastest growing fossil fuel in the New Policies Scenario.

Clean energy sources could also account for more than 40% of total generation in the global power mix by this date.

Energy needs in Central and South America will grow less rapidly than other developing economies.

Saudi Arabia is the only producer with significant spare capacity of around two million bpd.

GM says a nationwide program modeled on California’s effort could result in 7 million electric vehicles. or EVs. on U.S. roads by 2030.

The new refinery will supply 4.8 million tons per year of diesel.

The IEA said it looked in particular at Iraq. Nigeria. Russia. Saudi Arabia. the United Arab Emirates and Venezuela.

Russian-Saudi-OPEC collusion reduced the slack in oil markets. and led to lower stockpiling of crude oil and petroleum products in 2017.