Remove 2005 Remove 2017 Remove Oil Remove Oil Prices
article thumbnail

EIA: light duty vehicle energy consumption to drop 25% by 2040; increased oil production, vehicle efficiency reduce US oil and liquid imports

Green Car Congress

Domestic crude oil production increases sharply in the AEO2014 Reference case, with annual growth averaging 0.8 While domestic crude oil production is projected to level off and then slowly decline after 2020 in the Reference case, natural gas production grows steadily, with a 56% increase between 2012 and 2040, when production reaches 37.6

Oil 290
article thumbnail

EIA 2035 reference case projects drop in US imports of petroleum due to modest economic growth, increased efficiency, growing domestic oil production, and biofuels

Green Car Congress

Under the Reference case, domestic crude oil production is expected to grow by more than 20% over the coming decade; already, domestic crude oil production increased from 5.1 Over the next 10 years, continued development of tight oil (e.g., Over the next 10 years, continued development of tight oil (e.g.,

Oil 210
article thumbnail

EIA AEO2015 projects elimination of net US energy imports in 2020-2030 timeframe; transportation energy consumption drops

Green Car Congress

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. Tcf in the High Oil and Gas Resource case.

2020 150
article thumbnail

EIA Energy Outlook 2013 reference case sees drop in fossil fuel consumption as use of petroleum-based liquid fuels falls; projects 20% higher sales of hybrids and PHEVs than AEO2012

Green Car Congress

quadrillion Btu in 2025, due to incorporation of the model year 2017 to 2025 GHG and CAFE standards for LDVs. AEO2013 offers a number of other key findings, including: Crude oil production , especially from tight oil plays, rises sharply over the next decade. Domestic oil production will rise to 7.5 Overall findings.

Fuel 225
article thumbnail

IEA: Global CO2 emissions up by 1.0 Gt (3.2%) in 2011 to record high

Green Car Congress

Coal accounted for 45% of total energy-related CO 2 emissions in 2011, followed by oil (35%) and natural gas (20%). Gt no later than 2017, i.e. just 1.0 However, China’s carbon intensity—the amount of CO 2 emitted per unit of GDP—fell by 15% between 2005 and 2011. Gt above 2011 levels. Gt, the IEA said.

2011 230
article thumbnail

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

Green Car Congress

Source: EIA and Argus Media group, China Methanol to Energy Study , January 2017. 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. Annual methanol consumption in China, 2000-16.

2000 150
article thumbnail

NETL Report Concludes CTL Plus Carbon Capture Results in Fuel with 5-12% Less Lifecycle GHG Than Petroleum Diesel; Modest Biomass Additions Lower GHG Further

Green Car Congress

Lifecycle GHG emissions of CTL/CBTL/BTL compared to 2005 petroleum diesel baseline. Background colors of the cells represent the crude oil price required for economic feasibility. greater than petroleum-derived diesel fuel, using fuel produced in the year 2017 as a basis of comparison. Tarka et al. Tarka et al.

Carbon 186