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

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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.

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ExxonMobil starts up $2B Beaumont refinery expansion, adding 250k barrels per day capacity

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Supported by the company’s growing crude production in the Permian Basin, the project is the largest refinery expansion since 2012. The BLADE (Beaumont Light Atmospheric Distillation Expansion) project built a third crude unit within the facility’s existing footprint to expand light crude oil refining.

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

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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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API: US petroleum demand rose 4.9% in November; gasoline up 5.4%

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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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New lifecycle analysis of WTW GHG emissions of diesel and gasoline refined in US from Canadian oil sands crude

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In a new, comprehensive study, a team from Argonne National Laboratory, Stanford University and UC Davis ITS has estimated the well-to-wheels (WTW) GHG emissions of US production of gasoline and diesel sourced from Canadian oil sands. g CO 2 e/MJ for US conventional crude oil recovery. This range can be compared to ∼4.4

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EPA trends report sees record levels of average new vehicle fuel economy and CO2 emissions for MY 2012; role of new gasoline vehicle technologies

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EPA projects advanced transmissions (6+ speeds and CVTs), gasoline direct injection (GDI) systems, and turbocharged engines will be installed on at least 15% of all MY 2013 vehicles. The majority of the emissions and fuel savings from current vehicles, EPA noted, is due to new gasoline vehicle technologies. Click to enlarge.

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EIA: world petroleum use sets record high in 2012 despite declines in North America and Europe

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The world’s consumption of gasoline, diesel fuel, jet fuel, heating oil, and other petroleum products reached a record high of 88.9 Between 2008 and 2012, Asia’s consumption increased by 4.4 In 2011 and 2012, higher oil prices and increased fuel efficiency of light-duty vehicles contributed to reduced US consumption.