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Argonne study finds BEVs can have lowest scheduled maintenance costs, but highest cost of driving

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The study considers five different powertrains (internal combustion engine, hybrid-electric, plug-in hybrid-electric, fuel-cell-electric, and battery-electric) and 12 cost components (purchase cost, depreciation, financing, fuel, insurance, maintenance, repair, taxes, registration fees, tolls and parking, payload capacity and labor).

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API: US petroleum demand rose 4.9% in November; gasoline up 5.4%

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Demand for gasoline rose 5.4% for “other oils.” from November 2012 as most refineries came back up from their scheduled turnaround and maintenance in the prior month. Gasoline production rose 3.1% Gasoline production rose 3.1% For year-to-date, gasoline production increased by 2.1% Crude oil stocks fell 1.0%

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PEMEX Awards ICA Fluor Low-Sulfur Gasoline Projects Worth $622M

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Mexico’s state oil company, PEMEX Refining, has awarded ICA Fluor engineering, procurement and construction (EPC) contracts for two low-sulfur gasoline projects in Mexico valued at $622 million as part of its clean fuels program. Fluor will book its $311 million portion of the award in the first quarter of 2010.

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API reports that US gasoline, diesel demand continued to recover in October

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US gasoline demand carried over the modest recovery it saw in September through the month of October, according to the American Petroleum Institute’s (API) Monthly Statistical Report. October gasoline deliveries averaged 9.04 US crude oil production in October rose to 5.5 million barrels per day, 1.4% higher than October 2009.

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Decline in US Petroleum Demand Slowed in July; Gasoline Deliveries Rose 0.8%

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July US oil product deliveries (a measure of demand) fell 3.0% Despite the overall decline in product deliveries, gasoline deliveries rose a modest 0.8%, and distillate fuel oil deliveries (including diesel fuel) marked their first month in almost two years without a significant dip. from a year ago.

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US petroleum demand in July weakens for first time this year; motor gasoline at July low for past decade

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Motor gasoline demand reached a low for any July over the past decade. Consumers aren’t spending, and jobless claims have increased, so it isn’t surprising gasoline demand was down and overall demand slipped a bit. US refinery gasoline production fell for the first time this year, down by 2.3% over July 2010, led by a 15.1%

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Platts: China oil demand rebounds to 9.05 million b/d in July

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China’s apparent oil demand in July increased to 38.29 million barrels per day (b/d), as oil consumption appeared to have recovered after seasonal refinery maintenance, according to an analysis of recent Chinese government statistics by Platts. million mt of crude oil, or an average of 8.86 million b/d and 6.2%

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