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EIA: China’s use of methanol in liquid fuels has grown rapidly since 2000; >500K bpd in 2016

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Annual methanol consumption in China, 2000-16. Following enactment of provisions of the Energy Policy Act of 2005 that were interpreted as reducing or eliminating legal defenses available to MTBE blenders, its use was soon phased out in the United States. Source: EIA and Argus Media group, China Methanol to Energy Study , January 2017.

2000 150
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EIA: Changes in refining economics in 2011 contributed to real contrasts in US refinery utilization

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The divergence of West Texas Intermediate (WTI) and Brent crude oil prices in 2011 affected refinery utilization in the United States, particularly in the East Coast (PADD 1) and Midwest (PADD 2) regions, according to a report from the US Energy Information Administration (EIA). As a result, PADD 2 average crude oil inputs of nearly 3.4

2011 199
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Worldwatch Institute report finds global energy intensity increased in 2010 for second year in a row

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Particularly during the surge of what was called the “knowledge-based economy” from 1991 to 2000, global economic productivity increased without parallel increases in energy use. In addition to technological advances, price developments play a key role in determining overall energy usage, Worldwatch notes.

2010 246
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Fossil Fuel Production Up in 2008 Despite Recession

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In 2000, coal provided 28% of the world’s fossil fuel energy production, compared with 45% for oil. The growth in China’s coal consumption since 2000 dwarfs that of all other countries combined. Nonetheless, high oil prices pushed production from the Canadian oil sands to 1.2 Mbpd in 2005.

2008 150
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The Real Reason for USA based Economic Recessions.

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There have been 5 recession since then until now and I wanted to see if Oil had anything to do with them, because deep in my heart, I knew the most recent recession was directly caused by the oil price spikes that started in 2007 and peaked in 2008. This increase in oil prices again pushed the economy into a recession.

USA 180
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BP Statistical Review finds global oil share down for 12th year in a row, coal share up to highest level since 1969; renewables at 2%

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The “Arab Spring” affected oil and gas supplies—most notably the complete, albeit temporary, loss of Libyan supply—while the tragic Fukushima accident in Japan had knock-on effects for nuclear and other energy sources around the world. or 10,000 bpd equivalent), the lowest rise seen since 2000. Renewables.

Coal 261