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DOE: Adjusted for inflation, the price of gasoline in 2019 was similar to the price in 1929

Green Car Congress

The average annual price of gasoline has fluctuated greatly over the past several decades, but when adjusted for inflation (constant dollars), the price of gasoline in 2019 was only nine cents higher than in 1929, according to the US Department of Energy (DOE). The graph below shows the effect of the oil embargo in the early 1980s.

Gasoline 418
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MIT/UC Davis professors challenge claims that ethanol production decreased gasoline prices in 2010 and 2011

Green Car Congress

Knittel/Smith results for implied gasoline price effects from elimination of ethanol for 2010 using Du/Hayes model and pooled-sample estimates. Source: Knittel and Smith (2012). t margin for oil refiners. We encourage similar skepticism about the estimated effect of ethanol on gasoline prices generated from these models.

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Neste Oil launches sales of NExBTL renewable naphtha; plastics feedstock and biocomponent for gasoline

Green Car Congress

Neste Oil—the world’s largest producer of renewable diesel—has launched the commercial production and sales of renewable naphtha for corporate customers; the company is one of the first to supply bio-naphtha on a commercial scale. In a 2012 report on the hydroconversion of triglycerides (e.g., —Sotelo-Boyás et al.

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CMU study finds small battery PHEVs and gasoline hybrids the least-cost policy solution to reducing gasoline consumption

Green Car Congress

The federal subsidy significantly favors larger battery packs to a stronger degree than their potential for additional gasoline savings. Peterson and Michalek 2012. Non-domestic charging infrastructure is generally not necessary for operation of PHEVs, and substantial gasoline displacement can be achieved solely with home charging.

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IHS CERA meta-analysis finds lifecycle GHG emissions for fuel produced solely from oil sands crude average 11% higher than from average crude refined in the US; high variability

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Average values for WTW GHG emissions for oil sands and other crudes, tight boundary. When the oil sands products refined in the United States are considered—a mixture of oil sands and lower-carbon blending components—the GHG emissions are, on average, 9% higher than the average crude processed in the US.

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New study finds GHG emissions from palm oil production significantly underestimated; palm oil biofuels could be more climate-damaging than oil sands fuels

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The majority (62%) of the plantations were located on the island of Sumatra, and more than two-thirds (69%) of all industrial plantations were developed for oil palm cultivation, with the remainder mostly being Acacia plantations for paper pulp production. Earlier post.). —Dr.

Oil-Sands 314
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API: US petroleum demand rose 4.9% in November; gasoline up 5.4%

Green Car Congress

from November 2012 to average 19.4 Demand for gasoline rose 5.4% from November 2012 to average slightly more than 8.9 for “other oils.” from November 2012 as most refineries came back up from their scheduled turnaround and maintenance in the prior month. Gasoline production rose 3.1% Crude oil stocks fell 1.0%

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