Green Car Congress

APRIL 1, 2022

In an effort to address the rapidly increasing cost of gasoline, President Biden authorized the release of 1 million barrels of oil per day for the next six months—more than 180 million barrels—from the Strategic Petroleum Reserve (SPR). million barrels of sweet and 200,000 barrels of sour crude oil. Background.

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Green Car Congress

MAY 30, 2018

Gasoline is one of the products refined from crude oil. Thus, the price of crude oil should have a strong influence on the price of gasoline. However, the retail price of gasoline includes other costs as well. Gasoline prices are also influenced by gasoline demand relative to gasoline supply.

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Oil Prices Gasoline Oil Price 220

Green Car Congress

SEPTEMBER 19, 2013

The retail price of E85 motor fuel (a gasoline blend with up to 85% ethanol), has fallen in recent months, notes the US Energy Information Administration (EIA). Prices represent daily average observed E85 and regular gasoline prices at the same stations in the states of Iowa, Illinois, Indiana, Kentucky, Michigan, Minnesota, and Ohio.

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Gasoline Price Energy Parts 322

Green Car Congress

MARCH 9, 2013

Transportation fuel mix in millions of oil-equivalent barrels through 2020. Diesel will surpass gasoline as the number one transportation fuel worldwide by 2020 and continue to increase its share through 2040, according to ExxonMobil’s recently published Outlook For Energy: A View To 2040. Source: ExxonMobil Outlook.

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Gasoline Transportation 2020 Diesel 383

Green Car Congress

DECEMBER 8, 2020

Gasoline sales fell 8.4% (nearly 185 million less gallons) from the previous week for the seven-day period ending 28 November, bringing consumption to the lowest level for a Thanksgiving Week in 23 years, going back to 1997. Northeastern gasoline sales dropped 10.1% —Tom Kloza, executive director, IHS Markit.

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Green Car Congress

MAY 11, 2022

The US Energy Information Administration (EIA) forecasts that US crude oil production will average 11.9 Despite the increases in production, EIA expects the Brent crude oil price to remain above $100 per barrel this year, according to the agency’s May 2022 Short-Term Energy Outlook (STEO). in summer 2021.

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Green Car Congress

JUNE 2, 2022

This post examines the recent changes in the costs of powering gasoline, diesel, and electric vehicles. The expectation was that the cost of electricity had recently increased much less than the costs of gasoline and diesel. The reason is that, in the United States, oil is used to generate less than 1% of electricity.

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Gasoline-Electric Gasoline Cost Of Diesel 321

Green Car Congress

FEBRUARY 20, 2022

In 2021, the United States returned to importing more petroleum (which includes crude oil, refined petroleum products, and other liquids) than it exports following its historic shift to being a net exporter of petroleum in 2020, according to the US Energy Information Administration (EIA). million b/d. million b/d.

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Green Car Congress

NOVEMBER 15, 2012

Average values for WTW GHG emissions for oil sands and other crudes, tight boundary. When the oil sands products refined in the United States are considered—a mixture of oil sands and lower-carbon blending components—the GHG emissions are, on average, 9% higher than the average crude processed in the US.

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Oil-Sands Oil Emissions United States 388

Green Car Congress

JULY 18, 2020

Scientists from ExxonMobil, the Georgia Institute of Technology and Imperial College of London have published in the journal Science joint research on potential breakthroughs in a new membrane technology that could reduce emissions and energy intensity associated with refining crude oil. —Thompson et al.

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Green Car Congress

MARCH 16, 2012

Environmental impacts of gasoline and E85. eutrophication; ET = ecological toxicity; FEC = fossil energy consumption; WU = water use; LO = land occupation; “The rest” includes acidification; smog formation; ozone layer depletion; and human health effects. Error bar shows regional variations for E85. GW = global warming; Eut.

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Green Car Congress

DECEMBER 16, 2013

A team at the University of Idaho has demonstrated that glycerol, a byproduct from biodiesel production, could be used as a substrate for producing drop-in gasoline-range biofuel. In a paper published in the ACS journal Energy & Fuels , Guanqun Luo and Armando G. Tropsch synthesis (FTS). —Luo and McDonald.

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Green Car Congress

APRIL 20, 2022

The US Energy Information Administration (EIA) forecasts that retail gasoline prices will average $3.84 After adjusting for inflation, this summer’s forecast national average price would mark the highest retail gasoline and diesel prices since 2014. Source: US Energy Information Administration, Short-Term Energy Outlook (STEO).

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Green Car Congress

MARCH 10, 2020

Global oil demand is expected to decline in 2020 as the impact of the new coronavirus (COVID-19) spreads around the world, constricting travel and broader economic activity, according to the International Energy Agency’s (IEA’s) latest oil market forecast. The IEA now sees global oil demand at 99.9

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Green Car Congress

DECEMBER 1, 2013

Bamboo, the composition of which is highly similar to energy grasses used for biofuel production such as switchgrass, is an interesting potential feedstock for advanced bioethanol production in China due to its natural abundance, rapid growth, perennial nature and low management requirements.

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Green Car Congress

JUNE 10, 2020

BMW i Ventures has invested in Prometheus Fuels ( earlier post ), a company removing CO 2 from the air and turning it into zero-net carbon gasoline that it will sell at gas stations, at a price that competes with fossil fuels, starting as early as this year. The effective upgrading of alcohols to gasoline, diesel, and jet fuels.

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Green Car Congress

MAY 3, 2020

A team from the University of Tennessee and the National Renewable Energy Laboratory (NREL) has the fuel savings due to fuel economy improvements over the past 43 years amount to approximately two trillion gallons of gasoline. Their paper is published in the journal Energy Policy. Greene et al. has almost doubled.

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Green Car Congress

JUNE 8, 2021

In 2020, net petroleum imports (total imports minus exports) were negative for the first time since the US Energy Information Administration began tracking them—i.e., This includes crude oil and petroleum products. the United States exported more petroleum than it imported. Net imports peaked in 2005 at 12.5

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2020 2005 Oil United States 389

Green Car Congress

JUNE 30, 2020

mmbd of petroleum to Mexico in 2019, which was 14% of total US petroleum exports, according to the US Energy Information Administration (EIA). Includes crude oil and petroleum products, such as gasoline, diesel and jet fuel. Source: US Energy Information Administration, May 2020 Monthly Energy Review, June 2020, Table 3.3f.

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Green Car Congress

FEBRUARY 24, 2023

In January 2023, state taxes and fees on gasoline and diesel fuel averaged $0.3163 per gallon (gal) of gasoline and $0.3388/gal of diesel fuel, according to the US Energy Information Administration (EIA). Data source: US Energy Information Administration, federal and state motor fuels taxes table.

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Tax Gasoline Diesel Fuel Tax 273

Green Car Congress

JANUARY 4, 2022

Energy prices used in the S&P Goldman Sachs Commodity Index (GSCI) ended 2021 59% higher than the first trading day of the year, according to the US Energy Information Administration (EIA). WTI crude oil makes up the largest share of the overall GSCI at more than 21%. The precious metals index was the only one to decline.

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Price Energy Oil Gasoline 273

Green Car Congress

DECEMBER 22, 2014

The collapse in world oil prices in the second half of 2014 will have only a moderate impact on the fast-developing low-carbon transition in the world electricity system, according to research firm Bloomberg New Energy Finance. Earlier Bloomberg New Energy Finance analysis showed that, with gasoline at $2.09

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Oil Prices Oil Price Carbon 268

Green Car Congress

DECEMBER 15, 2013

Driven by increasing population, urbanization and rising living standards, the world will require some 35% more energy in 2040, according to ExxonMobil’s annual forecast report: Outlook for Energy: A View to 2040. Without the projected gains in efficiency, global energy demand could have risen by more than 100%.

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Green Car Congress

MAY 29, 2021

The average retail price for regular gasoline in the United States on 24 May, the Monday before the Memorial Day weekend, was $3.02 per gallon (gal), the highest gasoline price before Memorial Day since 2014, according to the US Energy Information Administration’s (EIA’s) weekly Gasoline and Diesel Fuel Update.

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Gasoline 2014 Price Texas 243

Green Car Congress

JULY 20, 2020

Solid-oxide-fuel-cell manufacturer Bloom Energy is entering the commercial hydrogen market by introducing hydrogen-powered fuel cells and electrolyzers that produce renewable hydrogen. The Bloom Energy Servers are a proven market leader in clean, reliable, and resilient on-site power. million hydrogen cars by 2040.

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Hydrogen South Korea Market Energy 386

Green Car Congress

JULY 15, 2014

The powertrain range for the Estate, which includes diesel, gasoline and hybrid options, features a new 1.6-liter The new Estate’s gasoline and diesel engines with ECO start/stop function comply with the Euro 6 emissions standards. Sailing in “E” (Eco) mode: energy recuperation is reduced to a minimum. l/100 km (54.7

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Green Car Congress

APRIL 16, 2014

The US Department of Energy (DOE) issued a draft loan guarantee solicitation for renewable energy and energy efficiency projects located in the US that avoid, reduce, or sequester greenhouse gases. Waste-to-Energy. Drop-in Biofuels. DOE anticipates qualifying projects may include, but?are

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Green Car Congress

MARCH 18, 2022

The US Energy Information Administration’s (EIA’s) Annual Energy Outlook 2022 (AEO2022) Reference case forecasts that US energy consumption will grow through 2050, primarily driven by population and economic growth. Energy Information Administration, Annual Energy Outlook 2022 (AEO2022). Source: U.S.

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Green Car Congress

JANUARY 5, 2019

US regular retail gasoline prices averaged $2.72 However, a rapid price decline beginning in October led to US average regular gasoline prices ending the year lower than they began for the first time since 2015, according to the US Energy Information Administration (EIA). gal at least once in 2018. gal to $2.91/gal

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Green Car Congress

JANUARY 10, 2020

A new study by a team at the National Renewable Energy Laboratory (NREL) concludes that a high-pressure, scalable, intra-city hydrogen pipeline system could improve the economics and logistics of hydrogen delivery, making it potentially cost-competitive with gasoline. kg—approximately equivalent to a gasoline cost of $2.7/gal

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Green Car Congress

NOVEMBER 26, 2014

China’s apparent oil demand in October rose 2.9% Despite the year-over-year increase, China’s apparent oil demand in October slipped 2.5% Meanwhile, total apparent oil demand was 9.96 China’s oil product imports tumbled 22.2% China’s oil product imports tumbled 22.2% Fuel oil apparent demand in October slumped 31.4%

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Green Car Congress

SEPTEMBER 14, 2019

and its strategic Mobile Energy Group (MEG) announced a strategic partnership with the China National Petroleum Corporation Nanjing (CNPC or PetroChina) to begin converting existing fossil fuel gas stations in the city of Nanjing. Ideanomics Inc. —Xu Xingxiang, Chairman of PetroChina Nanjing.

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Energy Institute at HAAS

JULY 15, 2024

When reporters call an energy economist during a presidential election year, it’s probably about oil and gasoline … Continue Reading Oil and Gasoline 101 Petroleum production and prices matter, but not for the reasons many people think.

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Gasoline Oil Price Energy 105

Green Car Congress

MAY 11, 2020

US energy-related CO 2 emissions declined by 2.8% in 2019 to 5,130 million metric tons (MMmt), according to data in the US Energy Information Administration’s (EIA) Monthly Energy Review. The changes in US energy-related CO 2 emissions in 2019 offset the increase in 2018. CO 2 emissions had increased by 2.9%

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Green Car Congress

MAY 3, 2017

Speaking this week at the Bloomberg New Energy Finance conference in New York, Total SA’s chief energy economist, Joel Couse, forecasted that EVs will make up 15 to 30 percent of global new vehicle sales by 2030. Oil demand for transportation fuel see its “ demand will flatten out ,” after 2030, Couse said. These are great cars.

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Green Car Congress

MARCH 27, 2020

A sudden drop in miles traveled by car in the US triggered by wide-spread social isolation measures will have immediate ramifications for gasoline demand. IHS Markit analysis finds that US gasoline demand could fall by as much as 4.1 The four-week average US gasoline demand for the week ending 6 March 2020 was 9.1

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Green Car Congress

OCTOBER 28, 2012

Cool Planet Energy Systems projects that using its patented mechanical process and novel scaling approach ( earlier post ), it will be able to produce high-octane carbon-negative (with the use of its bio-char byproduct) renewable gasoline at a cost of $1.50 The control car used 100% regular gasoline. Source: Cool Planet.

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