EIA: light duty vehicle energy consumption to drop 25% by 2040; increased oil production, vehicle efficiency reduce US oil and liquid imports
Green Car Congress
DECEMBER 16, 2013
The fuel economy of gasoline-powered LDVs continues to increase, and advanced technology fuel efficiency subsystems are added, such as micro hybridization, which is installed on 42% of gasoline LDVs in 2040. Domestic crude oil production increases sharply in the AEO2014 Reference case, with annual growth averaging 0.8
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