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2016 Ford Explorer SUV replaces 2.0L EcoBoost with new 2.3L EcoBoost unit; more power and torque, same fuel economy expected

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EcoBoost four-cylinder it replaces, with no compromise in fuel economy anticipated. An active wastegate controls boost more precisely during light load operation to help save fuel. Ford Explorer is built in North America at Chicago Assembly Plant, as well as in Venezuela and now, Russia. Click to enlarge.

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IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

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However, IHS Automotive analysts still expect light vehicle sales in China to grow by 7% in 2015 to 25.2 —Lin Huaibin, manager, China light vehicle sales forecast, IHS Automotive. North America continues to be an impetus to global light vehicle demand levels. North America. from last year. million units. million units.

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Opinion: How Much Longer Can OPEC Hold Out?

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However, OPEC has been in the line of fire from the western world in light of its stance of not reducing the production levels of its member nations (excluding Iran). Containing some of the largest proven oil and gas reserves in the world, Venezuela is one of the founding members of OPEC. Source: opec.org). Nigeria’s dilemma.

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IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

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Under the WEO 2011 central scenario, oil demand rises from 87 million barrels per day (mb/d) in 2010 to 99 mb/d in 2035, with all the net growth coming from the transport sector in emerging economies. Passenger light-duty vehicles. The passenger vehicle fleet doubles to almost 1.7 billion in 2035. —WEO 2011.

Oil 247
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Are The Saudis About To Reveal The Best Kept Secret In Oil?

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The decision to bring such important data to light comes as Saudi Aramco is preparing to partially privatize its assets, an IPO that could bring in some $100 billion. More important for Saudi Arabia itself, its credit rating as well as the fortunes of its economy over the coming decades is also predicated on that assumption.

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Opinion: Oil Market ShowdownCan Russia Outlast The Saudis?

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Venezuela, an OPEC member, has even proposed an emergency summit meeting. This apparent bravado notwithstanding, the two countries’ entry into the low-price Crudedome is ravaging their economies. Breaking the peg would devastate the Saudi economy. IMF WEO Data: Recessions as far as the Eyes can See. percent growth in Q1.

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Electric cars to account for 64 per cent of car sales by 2030

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The study predicts that electric vehicles with this type of pricing will account for 64 per cent of light vehicle sales and comprise 24 per cent of the U.S. light-vehicle fleet by 2030. million barrels per day, equivalent to the amount currently imported daily from the Persian Gulf region and Venezuela.