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API: total US petroleum demand topped 20.8 mb/d in July, highest since 2005; on-road fuel demand down

Green Car Congress

mb/d, its strongest level since 2007. The increase in demand came as the US continued to sustain world-leading production, which continues to meet virtually all global oil demand growth. compared with July 2018, even as gasoline prices were 3.6% However, WTI prices remained down 19.2% ($13.62 This was a decrease of 0.9%

2005 207
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EIA 2035 reference case projects drop in US imports of petroleum due to modest economic growth, increased efficiency, growing domestic oil production, and biofuels

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The Reference case includes technologies that are commercial or reasonably expected to become commercial over next decade or so, including projected technology cost and efficiency improvements, as well as cost reductions linked to cumulative deployment levels. million barrels per day in 2007 to 5.5 quadrillion Btu in 2035.

Oil 210
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Global biofuels production up 17% in 2010 to hit all-time high of 105 billion liters

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High oil prices, a global economic rebound, and new laws and mandates in Argentina, Brazil, Canada, China, and the United States, among other countries, are all factors behind the surge in production, according to research conducted by the Worldwatch Institute’s Climate and Energy Program for the website Vital Signs Online.

2010 256
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Report finds Coal-to-Liquids and Oil Shale pose significant financial and environmental risks to investors

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The energy- and water-intensive nature of both coal-to-liquids and oil shale, combined with technological uncertainties and state and federal requirements for low carbon fuels spell diminishing returns for investors. < Market Risks : The economic competitiveness of oil shale and CTL is contingent on high oil prices.

Coal 210
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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

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Energy consumption by LDVs (including commercial light trucks) declines in the Reference case, from 16.1 Biofuels grow at a slower rate due to lower crude oil prices and. After 2015, the Brent price increases, reaching $163 per barrel in 2040, as growing demand leads to the development of more costly resources.

Fuel 225
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GM and Hawaii Gas Company to Collaborate on Hydrogen Infrastructure Pilot; Different Approach to Provisioning Fueling Stations

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billion in fuel cell transportation in the last 15 years, is developing a production-intent fuel cell system that could be ready for commercialization in 2015. million miles of real-world driving by thousands of people since 2007. What’s happening here [in terms of energy prices] is happening elsewhere in the world. Jeff Kissel.

Hawaii 225
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National Research Council report finds it unlikely the US will meet cellulosic biofuel mandates absent major innovation or a change in policies

Green Car Congress

In 2005, Congress enacted the Renewable Fuel Standard as part of the Energy Policy Act (EPAct) and amended it in the 2007 Energy Independence and Security Act (EISA). Currently, no commercially viable biorefineries exist for converting cellulosic biomass to fuel.

Renewable 252