article thumbnail

Report suggests low-speed electric vehicles could affect Chinese demand for gasoline and disrupt oil prices worldwide

Green Car Congress

Low-speed electric vehicles (LSEVs) could reduce China’s demand for gasoline and, in turn, impact global oil prices, according to a new issue brief by an expert in the Center for Energy Studies at Rice University’s Baker Institute for Public Policy. “

article thumbnail

Study estimates fuel economy improvements to US light-duty vehicles from 1975–2018 saved 2T gallons of fuel, 17B tons of CO2

Green Car Congress

gasoline demand would have put upward pressure on world oil prices. They added indirect rebound effects via income and world oil prices to the calculations because, in principle these could have non-trivial impacts on fuel savings. First, had fuel economy not improved, the higher level of U.S.

article thumbnail

Douglas-Westwood: decline in oil prices may impact development of subsea processing

Green Car Congress

In the Douglas-Westwood Monday note , Andy Jenkins from the energy research group’s London office observes that the decline in oil prices may impact deepwater production and in particular a key future enabler: subsea processing (SSP).

article thumbnail

Comprehensive modeling study finds electric drive vehicle deployment has little observed effect on US system-wide emissions

Green Car Congress

The results of a new, comprehensive modeling study characterizing light-duty electric drive vehicle (EDV) deployment in the US over 108 discrete scenarios do not demonstrate a clear and consistent trend toward lower system-wide emissions of CO 2 , SO 2 , and NO x as EDV deployment increases.

Emissions 236
article thumbnail

Machine learning PODA model projects the impact of COVID-19 on US motor gasoline demand

Green Car Congress

More specifically, reliably projecting the oil demand, a critical leading indicator of the state of the US economy, is beneficial to related business activities and investment decisions. However, few studies have quantified and forecast the oil demands under multiple pandemic scenarios, and this research is desperately needed.

Gasoline 505
article thumbnail

Purdue study projects that under likely adoption rates, use of biojet fuel alone will not meet aviation emissions reduction targets for 2050; the need to go above 50% blends

Green Car Congress

Uncertainty range of the aviation GHG emissions under the High Oil price scenario (the most optimistic for biojet adoption), given in a box plot depicting the minimum, quartile, and maximum values. This study only examines the GHG emissions within the US domestic context. Credit: ACS, Agusdinata et al. Click to enlarge.

Emissions 225
article thumbnail

Increase in US rig count will not cap oil prices

Green Car Congress

The impact of rising oil prices on North American light tight oil (LTO) production is said to be a “Catch 22”, the title of Joseph Heller’s popular 1961 novel set in WWII. Too many analysts continue to believe drilling and service has the same problem with rising oil prices. by David Yager for Oilprice.com.