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The New Mexico Environmental Improvement Board (EIB) adopted by a vote of four to three greenhouse gas reduction regulations—called the most stringent in the US—that will reduce global warming pollutants through a regional cap on greenhouse gas emissions. New Mexico Greenhouse Gas Cap-and-Trade Regulation.
Fuels market analyst Tammy Klein notes that more than 40 countries are developing light-duty vehicle fuel economy standards. Ten years ago, only four governments 10 years ago had introduced mandatory GHG emission and/or fuel economy standards: China, Japan, South Korea, and the United States.
The Obama Administration will expand oil and gas development and exploration on the US Outer Continental Shelf, while protecting fisheries, tourism, and places off US coasts that it says are not appropriate for development. And the only way this transition will succeed is if it strengthens our economy in the short term and the long term.
The rising fuel economy of LDVs more than offsets the modest growth in VMT, resulting in a 25% decline in LDV energy consumption decline between 2012 and 2040 in the AEO2014 Reference case. Domestic crude oil production increases sharply in the AEO2014 Reference case, with annual growth averaging 0.8 per year, from 21.5 Tcf in 2040.
A research team led by The University of Texas at Austin has been awarded approximately $58 million to analyze methane hydrate deposits under the Gulf of Mexico. In the Gulf of Mexico, where the team will be sampling, there is estimated to be about 7,000 trillion cubic feet (TCF) of methane in sand-dominated reservoirs near the seafloor.
liter, twin-turbo, inline, six-cylinder engine, named Hurricane, that delivers better fuel economy and fewer emissions than larger engines while at the same time generates more horsepower and torque than many competitors’ naturally aspirated V-8 and boosted six-cylinder power plants. Stellantis revealed its new, 3.0-liter, of torque).
Crude and lease condensate includes tight oil, shale oil, extra-heavy crude oil, field condensate, and bitumen (i.e., oil sands, either diluted or upgraded). oil shale), and refinery gain. per year, as the mature economies react to sustained high fuel prices. OECD liquid fuels consumption declines by 0.1%
liter Pentastar V-6 engine (Ward’s 10 Best Engines Award two years in a row) with variable-valve timing (VVT) offers best-in-class standard 305 hp (227 kW), with 269 lb-ft (365 N·m) of torque and best-in-class fuel economy for V-6 trucks, according to Chrysler. Specific fuel economy figures are note available yet.)
Under the Reference case, domestic crude oil production is expected to grow by more than 20% over the coming decade; already, domestic crude oil production increased from 5.1 Over the next 10 years, continued development of tight oil (e.g., Over the next 10 years, continued development of tight oil (e.g.,
An analysis of the US refining sector, based on linear programming (LP) modeling, finds that refining plausibly high volumes of Canadian oil sands crudes in US refineries in 2025 would lead to a modest increase in refinery CO 2 emissions (ranging between 5.4% to 9.3%) from a 2010 baseline, depending upon the supply scenario.
Russia’s central bank recently warned about the growing financial risks to the Russian economy from Saudi Arabia encroaching upon its traditional export market for crude oil. Russia sends 70 percent of its oil to Europe, but Saudi Arabia has been making inroads in the European market amid the oil price downturn.
and scientists and engineers at Columbia University, Iowa State University (ISU) and the Louisiana State University Agricultural Center to support work on production and testing of bio-dispersants that can replace the chemical dispersants currently used for oil spill management. Tags: Biomass Oil Synthetic Biology.
Fred Diaz, President and CEO - Ram Truck Brand and Chrysler de Mexico, introduces the 2014 Ram ProMaster at the Chicago Auto Show. The combined effect of the extreme injection pressure and optimized injection strategy mitigates emissions, improves fuel economy and offers significant reduction in noise, vibration and harshness (NVH).
Significant growth in the global middle class, expansion of emerging economies and an additional 2 billion people in the world will contribute to a 35% increase in energy demand by 2040, according to ExxonMobil’s latest Outlook for Energy report. The OECD represents the developed economies. Click to enlarge. Outlook for Energy.
2L features technologies such as dual continuous variable cam phasing, electronically controlled thermostat and low-friction engine oil. The engine is mated to a standard five-speed manual transmission for competitive city and highway fuel economy. The dual-overhead cam 1. A four-speed automatic transmission will also be available.
The party is over for tight oil. Despite brash statements by US producers and misleading analysis by Raymond James, low oil prices are killing tight oil companies. Reports this week from IEA and EIA paint a bleak picture for oil prices as the world production surplus continues. OPEC and US crude oil production.
The US Department of Energy (DOE) awarded $19 million for 13 projects in traditionally fossil-fuel-producing communities across the country to support production of rare earth elements and critical minerals essential to the manufacturing of batteries, magnets, and other components important to the clean energy economy.
I am convinced that joint projects between Rosneft and ExxonMobil, as well as other companies, will benefit our national economy, contribute to improving the global energy situation and will undoubtedly lead to the development of breakthrough technologies and job creation. billion tons of oil equivalent. —President Putin.
that owns all of BP’s upstream oil and gas interests in Alaska, and BP Pipelines (Alaska) Inc.’s Hilcorp has been operating in Alaska since 2012 and is today the largest private oil and gas operator in the state, currently operating more than 75,000 barrels of oil equivalent a day (boe/d) gross production.
turbo is standard on Eco ( earlier post ), LT and LTZ models and helps the Cruze Eco achieve up to an estimated 40 mpg on the highway (with a standard six-speed manual transmission), which is expected to be the best fuel economy in the compact car segment. Variable-flow oil pump. Piston-cooling oil jets. Oil-water cooler.
For the Transportation sector, EIA projects that energy consumption will decline between 2019 and 2037 (in the Reference case) because increases in fuel economy more than offset growth in vehicle miles traveled (VMT). Light-duty vehicle energy efficiencies are affected by current federal fuel economy and greenhouse gas emission standards.
However, the US military can play an important role in promoting stability in major oil producing regions and by helping protect the flow of energy through major transit corridors and on the high seas, the reports suggest. In the lead report, Bartis notes that global oil supplies are finite and thus, at some point, oil production must peak.
The low annual rate of global reduction of carbon emissions per unit of GDP needed to limit global warming to 2 °C—based on the probability assessments of the UN IPCC—is insufficient to achieve that goal, according to the latest Low Carbon Economy Index published by business consultancy PwC. —PwC.
EIA projects that world oil consumption will grow by 1.5 This growth is the result of an expected recovery in the global economy, with world gross domestic product (GDP, on an oil-weighted basis) assumed to rise by more than 3 percent per year. US crude oil production averaged 5.32 per gallon in 2009 to $2.84
The fallout of the collapse in oil prices has a lot of side effects apart from the decline of rig counts and oil flows. Williston is coping with $300 million in debt after having leveraged itself to buildup infrastructure to deal with the swelling of people and equipment heading for the oil patch.
This is due to wind and solar projects generating only when natural resources are available while oil, coal, and gas plants can potentially produce around the clock. Overall, declining costs for solar and wind played a considerable factor in the fall in absolute dollar investment in emerging economies. thousand in 2017.
Asia now consumes more than 30 million barrels of oil per day—roughly the same as all of the Americas—but its oil production stands at roughly 9 million barrels per day, the report notes, leaving the region dependent on external sources for more than 70% of its petroleum—triple the import level of the Americas.
Overall the engineering team increased efficiency and reduced weight; the drive unit is up to 12% more efficient in operation—although GM has yet to quantify publicly what that means in terms of range or fuel economy—and 100 lbs (45 kg) lighter. 1, cooled exhaust gas recirculation and a variable displacement oil pump.
OPEC next gathers December 4 in Vienna, just over a year since Saudi Oil Minister Ali Al-Naimi announced at the previous OPEC winter meeting the Saudi decision to let the oil market determine oil prices rather than to continue Saudi Arabia's role of guarantor of $100+/bbl oil. billion vs. $1.6 billion) and $1 billion ($2.5
The engine delivers 280 hp (209 kW) at 6,400 rpm and 260 lb-ft of torque (353 N•m) at 4,800 rpm—an increase of 33% in horsepower and 11% in torque over its predecessor, while providing an 11% fuel economy improvement. Chrysler says that the new Pentastar engine meets competitive fuel economy and performance goals without direct injection.
In the report, its first, the panel concludes governments should fit biofuels into an overall energy, climate, land-use, water and agricultural strategy if biofuels deployment is to benefit society, the economy and the environment as a whole. The highest variations are observed for biodiesel from palm oil and soya.
The Chinese government’s propping up of EV production and sales aims to help reduce air pollution and the country’s appetite for imported oil. It also helps the economy, creating new jobs and in-sourcing materials from within China rather than relying on foreign components. Chinese brands don’t yet sell in the U.S.,
The Chinese government’s propping up of EV production and sales aims to help reduce air pollution and the country’s appetite for imported oil. It also helps the economy, creating new jobs and in-sourcing materials from within China rather than relying on foreign components. Chinese brands don’t yet sell in the U.S.,
This design supports improved performance, emissions and fuel economy over the previous combustion system. The cylinder head has integral cast oil passages that feed a set of internal oil control valves that activate cam phasers, enabling variable valve timing. Piston head and oil cooling jet. In contrast, the previous 2.4L
In 2010, the global share of coal reached an estimated 29 per cent, which in relative terms was higher than, and in absolute terms about twice as large as, at the time of the first oil crisis, in 1973. Essentially, this would require making the power and transport sector carbon-free worldwide.
Limitations in the economies of scale in ethanol production pose a significant barrier to overcoming the logistical issues that block the widespread distribution of ethanol around the United States. The average cost to taxpayers for these “substituted” traditional gasoline barrels was roughly $82 per barrel, or $1.95
A worldwide shift to low emissions standards takes effect in 2019-20, introducing regulations similar to EU Euro 6 in countries including China nationwide, India, Mexico, Brazil and Australia. Substantial weight savings are also achieved by the use of high-strength composite materials for the oil pan and valve cover.
billion, was up 36% on the previous year and came the closest ever to overhauling the total for developed economies, at $138.9 billion) were all in the top 10 of investing countries while more than $1 billion was invested in Indonesia, Chile, Mexico, Kenya and Turkey. Investment in developing countries, at $131.3 billion), India ($7.4
This reflects anticipated shifts within the US truck-buying industries primarily, but Canada and Mexico are likewise seen with significant declines in 2020 demand. For major truck producers in Japan and South Korea , most have been forced to suspend operations due to reported parts shortages, resulting in 8,000 units of lost production.
In Mexico, auto sales stalled through the first seven months of 2014, causing some concern that new tax policies implemented at the beginning of 2014 were hurting auto demand growth; however, motivated by incentives to help spark demand, light vehicle sales grew throughout the second half of the year. million units. Europe; Russia influences.
In addition to helping the nation meet ambitious carbon-neutral goals, the development and implementation of the proposed technology can help reduce the cost of and emissions from hydrogen production to mitigate the effects of climate change while creating new jobs and revitalizing our economy.
GM estimates fuel economy to be 41 mpg combined (MY 2015 = 37 mpg) with 102 mpge (MY 2015 = 98 mpge). 1, cooled exhaust gas recirculation, wide authority cam phasers and a variable-displacement oil pump to make the most of performance and efficiency. The 2016 Volt goes on sale in the second half of 2015. The new high-efficiency 1.5L
To get better fuel economy during the oil crisis I owned a Mustang II with a V6, but it really wasn’t all that bad. Other long trips have been to Tecate, Mexico, and Santa Barbara, with no charging or range issues. I have always been a gearhead, and my vehicles have just about all been V8s. I love speed, I love power.
Sales in emerging markets are increasing, led by Southeast Asia and Brazil, India and Thailand Electric car sales continued to increase in emerging market and developing economies (EMDEs) outside China in 2023, but they remained low overall. Chinese carmakers such as BYD, Chery and SAIC are also considering expanding to Mexico.
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