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Opinion: Consumers winning with low oil prices, for now

Green Car Congress

Lest we be too quick to forget whence we came, America is now 9-months into lower gasoline prices, which started their swoon the week of June 30, 2015 from a lofty national average just under $3.70, tumbling almost every subsequent week before bottoming and bouncing from $2.02 by Thomas Miller for Oilprice.com. Bernard Weinstein, Ph.D.,

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Lux Research: despite cheap oil, niche plug-in vehicle sales will be resilient; conventional hybrids to be hardest hit

Green Car Congress

The current plunge in oil prices will likely negatively affect plug-in and hybrid vehicle sales in the short term; automakers such as BMW are already warning of lower sales of plug-in vehicles given the market context. Anticipated price of oil and forecast plug-in sales. Lux on the price of oil.

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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. gallon gasoline. Click to enlarge.

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Junkyard Find: 1987 Chevrolet Sprint ER

The Truth About Cars

Even though memories of the gas lines and fuel rationing of 1979 were still vivid by 1987, oil prices crashed hard during the middle 1980s, hitting bottom in 1986. The Sprint was nowhere near the cheapest new car Americans could buy in 1987. After the Geo brand got the axe in 1997, the Metro became a Chevrolet.

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Saudis Expand Price War Downstream

Green Car Congress

We see refining margins weakening on worsening diesel fundamentals, particularly east of Suez, though gasoline should be supportive. On the other hand, it won’t be easy for Saudi Arabia—Chinese refiners are also producing more gasoline, for which demand is still strong. In fact, at $5.60 per barrel in first quarter of 2015).

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Mixed Outlook for Mainstream Consumer Adoption of PHEVs

Green Car Congress

It allows more consumers to buy some electric driving sooner, and thus to experience and form value for electric driving. Scott Miller He also noted that their research shows that fuel efficiency is the number 12 reason for buying a car and that environmental friendliness ranked 38. It allows us to start with batteries within lithium.

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NYT Editorial

Plug In Partners

One DaimlerChrysler employee, checking out Geely's 7151 CK model, which seats five and is about the size of a Honda Civic, told the Voice of America: "If I didn't work for DaimlerChrysler, I would consider it as one of my buying options." That's good, but it would behoove Ford to make sure that it doesn't lose sight of the larger issue.