2010 Fuel Economy Oil Oil Prices 
Green Car Congress
AUGUST 27, 2013
The world’s consumption of gasoline, diesel fuel, jet fuel, heating oil, and other petroleum products reached a record high of 88.9 If China’s use of petroleum continues to grow as projected, it is expected to replace the United States as the world’s largest net oil importer this fall. North America.
Green Car Congress
JULY 2, 2013
In contrast to arguments that peak conventional oil production is imminent due to physical resource scarcity, a team from Stanford University and UC Santa Cruz has examined the alternative possibility of reduced oil use due to improved efficiency and oil substitution. —Brandt et al.
Green Car Congress
JANUARY 23, 2012
Net petroleum imports as a share of total US liquid fuels consumed drop from 49% in 2010 to 38% in 2020 and 36% in 2035 in AEO2012. Under the Reference case, domestic crude oil production is expected to grow by more than 20% over the coming decade; already, domestic crude oil production increased from 5.1
Green Car Congress
DECEMBER 16, 2009
Oil is a strategic commodity second to none—it underlies the global economy and even the American way of life. Of course, other countries benefit from this fact, with about $900 million flowing out of the US to buy foreign oil every day, and about 40% of that going to OPEC. [ Source: EIA. Click to enlarge.
Green Car Congress
JANUARY 19, 2011
According to the base case forecast, diversification of energy sources increases and non-fossil fuels (nuclear, hydro and renewables) are together expected to be the biggest source of growth for the first time. Fossil fuels’ contribution to primary energy growth is projected to fall from 83% to 64%. Coal will increase by 1.2%
Green Car Congress
NOVEMBER 12, 2012
The IEA said these changes will recast expectations about the role of different countries, regions and fuels in the global energy system over the coming decades. The report also finds that by 2035 global energy savings could be equivalent to nearly 20% of global demand in 2010. Oil demand reaches 99.7 Energy demand.
Green Car Congress
DECEMBER 17, 2010
The Annual Energy Outlook 2011 (AEO2011) Reference case released yesterday by the US Energy Information Administration (EIA) more than doubles the technically recoverable US shale gas resources assumed in AEO2010 and added new shale oil resources. Beyond 2020, CAFE standards for both passenger cars and light-duty trucks are held constant.
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