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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Fuel Economy Economy Light 2018 482

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

JULY 17, 2012

Knittel/Smith results for implied gasoline price effects from elimination of ethanol for 2010 using Du/Hayes model and pooled-sample estimates. Put simply, the empirical results merely reflect the fact that ethanol production increased during the sample period whereas the ratio of gasoline to crude oil prices decreased.

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Davis MIT Gasoline 2010 334

Green Car Congress

AUGUST 9, 2023

The US Energy Information Administration (EIA) expects US crude oil production to surpass 12.9 In its August Short-Term Energy Outlook (STEO), EIA forecasts US crude oil production to average 12.8 EIA forecasts the Brent crude oil price to increase the rest of 2023 and to approach $90 per barrel in late 2023.

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Oil Oil Prices Global Price 370

Green Car Congress

JANUARY 11, 2023

The US Energy Information Administration (EIA) expects global consumption of liquid fuels such as gasoline, diesel, and jet fuel, to set new record highs in 2024. EIA also expects oil production in Canada, Brazil, and Norway collectively to grow 12% from 2022 to 2024, and also expects growth from new sources such as Guyana.

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Oil Prices Oil Global Price 210

Green Car Congress

JULY 7, 2012

The Nikkei reports that the nationwide average price in Japan for regular gasoline was ¥139.8 per gallon US) as of Monday, dropping for the 13 th straight week to a 16-month low, according to the Agency for Natural Resources and Energy. Gasoline consumption that year is expected to be about 60% lower than the fiscal 2010 level.

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Japan Gasoline Fuel Gasoline-Electric 258

Green Car Congress

APRIL 26, 2012

US gasoline demand this summer is expected to be the lowest in 11 years, while the average summer fuel price is forecast to be at a record level, according to the US Energy Information Administration (EIA). US gasoline consumption is forecast to average almost 8.8 less than 2007’s record summer gasoline demand of 9.4

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Gasoline Price 2001 Oil Prices 247

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.

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Gasoline 2017 San Francisco Price 236

Green Car Congress

JULY 26, 2013

The price disparity between crude oil and other resources, coupled with the emergence of cheap and abundant shale gas, especially in the United States, is opening up opportunities to produce cheaper gasoline, according to a new report from Lux Research. Among their findings: Methanol-to-gasoline is the cheapest option.

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Waste Gasoline Gas Fuel 236

Green Car Congress

DECEMBER 11, 2014

OPEC’s monthly report said demand for the cartel’s oil will fall to 28.9 Add to that a new report from the US government’s Energy Information Administration (EIA), which also cut its 2015 forecast for growth in global oil demand by 240,000 barrels per day, down to 880,000 barrels per day.

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Oil Prices Oil 2015 Price 199

Green Car Congress

DECEMBER 17, 2014

The average US household will spend about $550 less on gasoline in 2015 compared with 2014, as annual motor fuel expenditures are on track to fall to their lowest level in 11 years, according to projections by the US Energy Information Administration (EIA). Gasoline prices are forecast to go even lower in 2015.

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2015 Gasoline Fuel Economy MPG 210

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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Gasoline 2020 Gasoline-Electric 2008 269

Green Car Congress

NOVEMBER 9, 2010

At the current pace of research and development, replacing gasoline and diesel with renewable fuel alternatives could take some 131 years, according to a new University of California, Davis, study using a new sustainability forecasting approach based on market expectations. The forecast was published online 8 Nov.

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Davis Renewable Gasoline Diesel 300

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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Oil Price Production Oil Prices 344

Green Car Congress

DECEMBER 16, 2013

Energy consumption by light-duty vehicles in the United States, AEO2013 and AEO2014, 1995-2040 (quadrillion Btu). LDV energy consumption declines in AEO2014 Reference case from 16.0 quadrillion Btu in 2012 to 12.1 quadrillion Btu in 2040, compared with 13.0 quadrillion Btu in 2040 in the AEO2013 Reference case. Source: EIA.

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Oil Light Energy Vehicles 290

Green Car Congress

JANUARY 6, 2014

The Sandia researchers showed that the key to meeting the RFS2 targets is the fuel price differential between E85 fuel and conventional gasoline (low ethanol blends), so that E85 owners refuel with E85 whenever possible. The model has four sub-components: vehicle, fuel production, electricity grid; and energy supply.

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Oil Prices Gasoline-Electric Gasoline Oil 246

Green Car Congress

MARCH 13, 2015

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.

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Oil Prices Oil Price Dallas 150

Green Car Congress

JANUARY 5, 2018

US regular retail gasoline prices averaged $2.41 per gallon in 2017, 27 cents/gal (13%) higher than in 2016, but two cents/gal less than in 2015, according to the US Energy Information Administration (EIA). Higher crude oil prices in 2017 contributed to higher gasoline prices.

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San Francisco 2017 Gasoline 2016 150

Energy Institute at HAAS

DECEMBER 12, 2022

A wild recent day for oil prices demonstrates OPEC’s enduring influence. Oil prices were … Continue Reading Oil Price Fluctuations and the Power of OPEC. Last week Saudi Arabia announced that it will reach $300+ billion in government revenues for 2022.

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Oil Prices Saudi Arabia Oil Price 117

Green Car Congress

JANUARY 11, 2023

The year 2022 was marked by the emergence of longer-term economic repercussions of the COVID-19 pandemic and an unexpected war in Eastern Europe that caused turmoil in energy markets. This reversal in 2022 was largely due to the substitution of coal with natural gas—a less carbon-intensive fuel—and a rise in renewable energy generation.

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Emissions Oil Prices 2005 Coal 273

Green Car Congress

AUGUST 27, 2013

The world’s consumption of gasoline, diesel fuel, jet fuel, heating oil, and other petroleum products reached a record high of 88.9 In 2011 and 2012, higher oil prices and increased fuel efficiency of light-duty vehicles contributed to reduced US consumption. Year-on-year changes in petroleum consumption by region.

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North America 2012 America Europe 261

Green Car Congress

AUGUST 7, 2015

Gross inputs to US refineries exceeded 17 million barrels per day (b/d) in each of the past four weeks, according to the US Energy Information Administration (EIA)—a level not previously reached since EIA began publishing weekly data in 1990. Higher demand for gasoline is supporting these margins, according to the EIA.

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Gasoline 2014 Louisiana Oil 150

Green Car Congress

APRIL 14, 2015

The Annual Energy Outlook 2015 (AEO2015) released today by the US Energy Information Administration (EIA) projects that US energy imports and exports will come into balance—a first since the 1950s—because of continued oil and natural gas production growth and slow growth in energy demand.

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2020 Energy Transportation Oil Prices 150

Green Car Congress

DECEMBER 5, 2012

Transportation sector gasoline demand declines. The US Energy Information Administration released its Annual Energy Outlook 2013 (AEO2013) Reference case (the Early Release ), which highlights a growth in total US energy production that exceeds growth in total US energy consumption through 2040. Click to enlarge.

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Fuel Energy 2013 Sale 225

Green Car Congress

APRIL 13, 2023

In its April Short-Term Energy Outlook (STEO), the US. Energy Information Administration (EIA) increased its forecast for the 2023 Brent crude oil price by 2.5% This change came after OPEC and its partner countries (OPEC+) announced crude oil production cuts for 2023. from its previous forecast. gal and $3.70/gal

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Global Fuel Production South America 210

Green Energy Consumers

AUGUST 7, 2023

But in recent weeks, we have seen a rise in oil prices. Nationally, gasoline prices have risen almost a penny per day for the last month. In New England, wholesale heating oil prices have risen almost two pennies per day. What’s going on?

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Oil Prices Oil Price Gasoline 93

Green Car Congress

OCTOBER 29, 2014

The new Indy fleet vehicles will include 100% electric models, such as the Nissan LEAF, as well as plug-in hybrid models like the Chevrolet Volt and the Ford Fusion Energi, which offer extended range. America’s dependence on oil ties our national and economic security to a highly-unpredictable, cartel-influenced global oil market.

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Indianapolis 2016 Fleet PHEV 287

Green Car Congress

JANUARY 31, 2017

If the proposed broad 20% border-adjustment tax were implemented and applied to the energy sector, the result would likely lead to a large increase in gasoline prices and a big premium in domestic oil prices vs. international, according to new analysis by Bloomberg Intelligence.

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Tax Gasoline Price Oil 150

Green Car Congress

JUNE 5, 2012

Resulting gases are passed over catalysts, causing reactions that separate oxygen from carbon molecules, making the carbon molecules high in energy content, similar to gasoline molecules. The impact of the chosen carbon tax is found to be limited relative to the impact of the H2 source on the H 2 Bioil break-even price.

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Oil Prices Tax Coal Hydrogen 236

Green Car Congress

AUGUST 31, 2011

High oil prices, a global economic rebound, and new laws and mandates in Argentina, Brazil, Canada, China, and the United States, among other countries, are all factors behind the surge in production, according to research conducted by the Worldwatch Institute’s Climate and Energy Program for the website Vital Signs Online.

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2010 Brazil Global Argentina 256

Green Car Congress

JANUARY 15, 2014

Second, PHEVs with smaller battery packs are more likely to deliver emissions benefits and reduced gasoline consumption at lower lifetime cost compared to those with large battery packs in the short term. No EDV deployment occurs with high battery costs, low oil prices, and no CO 2 policy.

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Emissions Oil Prices Vehicles Oil 236

Green Car Congress

APRIL 11, 2017

In its latest Short-Term Energy Outlook (STEO), the US Energy Information Administration (EIA) projects that US crude oil production, which averaged an estimated 8.9 For summer 2017, EIA forecasts motor gasoline consumption to average 9.5 of total gasoline consumption. million b/d in 2017 and 9.9 gal last summer.

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Gasoline Gasoline-Electric Production Oil 150

Green Car Congress

FEBRUARY 7, 2019

I fully anticipate we’re going to keep a lot of pressure on that cobalt production,” Ted Miller, head of energy storage strategy and research at Ford, said at a mining event in South Africa. That would alter oil demand forecasts, but in complicated ways. Today it looks feasible but it’s a scenario we’re going to have to watch.”.

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Oil America Oil Prices South Africa 306

Green Car Congress

JUNE 13, 2012

World primary energy consumption grew by 2.5% Oil remains the world’s leading fuel, but its 33.1% Global energy consumption grew by 2.5% seen in 2010, according to the newly released BP Statistical Review of World Energy, 2012. Global energy consumption grew by 2.5% in 2011, close to the historical average.

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Coal Oil Renewable Saudi Arabia 261

Green Car Congress

JULY 8, 2021

As outlined in its current Short-Term Energy Outlook , the US Energy Information Administration (EIA) estimates that global consumption of petroleum and liquid fuels averaged 92.3 US regular gasoline retail prices averaged $2.78 In June, monthly retail gasoline prices averaged $3.06/gal, million b/d in 2021.

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2019 Global Fuel Gasoline-Electric 243

Green Car Congress

MAY 21, 2010

A new study by the Peterson Institute for International Economics concluded that the Kerry-Lieberman “American Power Act”—the energy and climate change legislation recently introduced in the Senate ( earlier post )—would reduced US oil imports by 33-40% below current levels and by 9-19% below projected business-as-usual levels by 2030.

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Oil Climate Change Oil Prices 2005 220

Green Car Congress

NOVEMBER 13, 2011

Change in primary oil demand by sector and region in the central New Policies Scenario, 2010-2035. At a high level, the report notes that there are few signs that the urgently needed change in direction in global energy trends is underway. Click to enlarge. The passenger vehicle fleet doubles to almost 1.7 billion in 2035.

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Oil Transportation Cheap Energy 247