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IHS Markit: US gasoline demand could be cut almost in half due to COVID-19

Green Car Congress

The magnitude of gasoline demand decline will be much greater than the impact of the 2008 recession and could be further protracted depending on how effective social distancing measures are at controlling the spread of the COVID-19 virus. during the global recession in 2008/2009. IHS Markit forecasts 2020 US auto sales to be 14.4

Gasoline 269
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Deutsche Bank Forecast sees slower transportation electrification and greater gasoline demand near-term; increased confidence in the pace and breadth of long-term shift to efficient transportation systems

Green Car Congress

” Their analysis is in the context of the “ surprising [oil] demand strength of 2010 “; 2010 saw absolute incremental demand at around 2.2mb/d of growth—the second highest in 30 years, despite oil prices in the $90/bbl region. In the US hybrids fell from about 3% of total sales in 2008-09 to 2.2%

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Economic Impact Study Finds Grid-Enabled Vehicle Policies in Electrification Coalition Roadmap Would Result in Substantial Economic Benefit for US

Green Car Congress

The Roadmap proposes completely transforming the US light-duty vehicle fleet into one in which grid-enabled mobility (grid-enabled vehicles, GEV) is the new conventional standard. By 2040, the report proposed, 75% of the light-duty vehicle miles traveled in the US should be electric miles. Oil Imports. Global Demand for Oil.

Grid 186
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Syncrude to Expand Its Oil Sands Synthetic Crude Output to 425,000 Barrels per Day by 2020

Green Car Congress

The improvement in product quality would also allow for pipeline transportation and sales of surplus bitumen volumes. These growth plans would result in Syncrude broadening its production from the current light, sweet synthetic blend to a slate including heavy and sour blends. and Imperial Oil.

Oil-Sands 199
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EIA Energy Outlook 2011 more than doubles estimates of US shale gas resources; higher production at lower prices

Green Car Congress

After falling 3% in 2008 and nearly 7% in 2009, largely driven by the economic downturn, energy-related CO 2 emissions do not return to 2005 levels (5,980 million metric tons) until 2027. Beyond 2020, CAFE standards for both passenger cars and light-duty trucks are held constant. Unconventional vehicle sales. Source: EIA.

Gas 199
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US National Research Council Report Finds Plug-in Hybrid Costs Likely to Remain High; Fleet Fuel Consumption and Carbon Emissions Benefits Will Be Modest for Decades

Green Car Congress

NRC projections of number of PHEVs in the US light-duty fleet. Costs of light-duty plug-in hybrid electric vehicles (PHEVs) are high—largely due to their lithium-ion batteries—and unlikely to drastically decrease in the near future, according to a new report from the National Research Council (NRC). Click to enlarge. Click to enlarge.

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Mixed Outlook for Mainstream Consumer Adoption of PHEVs

Green Car Congress

Bubble chart of plausible mainstream PHEV buyers’ battery requirements (light and dark gray circles) and experts’s requirements overlaid on a Ragone plot of NiMH and Li-ion batteries. We saw a horrible drop in vehicle sales last December [down] 36%. Hybrid sales 43%. Kurani (2008) The Early U.S. 20 concerns.

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