Green Car Congress
AUGUST 27, 2013
Petroleum use in North America, which is dominated by consumption in the United States, has declined since 2005. In 2011 and 2012, higher oil prices and increased fuel efficiency of light-duty vehicles contributed to reduced US consumption. Increased consumption in 2010 reflected improving economic conditions.
Green Car Congress
APRIL 14, 2015
AEO2015 presents updated projections for US energy markets through 2040 based on six cases (Reference, Low and High Economic Growth, Low and High Oil Price, and High Oil and Gas Resource) that reflect updated scenarios for future crude oil prices. trillion cubic feet (Tcf) in the Low Oil Price case to 13.1
Green Car Congress
DECEMBER 5, 2012
new appliance standards and CAFE) and changes in the way energy is used in the US economy. Further, the fossil fuel share of primary energy consumption falls from 82% in 2011 to 78% in 2040 as consumption of petroleum-based liquid fuels falls, largely because of the incorporation of new fuel efficiency standards for light-duty vehicles.
Green Car Congress
DECEMBER 4, 2016
BP has sanctioned the $9-billion Mad Dog Phase 2 project in the United States, despite the current low oil price environment. Since then, BP has worked with co-owners and contractors to simplify and standardize the platform’s design, reducing the overall project cost by about 60%.
Green Car Congress
JANUARY 23, 2012
Total US energy-related CO 2 emissions remain below their 2005 level through 2035. They are more than 7% below their 2005 level in 2020 and do not return to the 2005 level of 5,996 million metric tons by the end of the projection period.
Green Car Congress
FEBRUARY 23, 2017
China’s largest city, Shanghai, and 13 of China’s 23 provinces have approved local standards for methanol blends ranging from 5% to 100% methanol. China has a national quality standard for methanol blends of 85%, and a national standard for a 15% blend of methanol in gasoline is pending approval by the government.
Green Car Congress
DECEMBER 16, 2013
Greenhouse gas (GHG) emission standards and CAFE standards increase new LDV fuel economy through model year 2025 and beyond, with more fuel-efficient new vehicles gradually replacing older vehicles on the road and raising the fuel efficiency of the LDV stock by an average of 2.0% per year, from 21.5 l/100 km) in 2012 to 37.2
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