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EIA: world petroleum use sets record high in 2012 despite declines in North America and Europe

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In 2009, Asia surpassed North America as the world’s largest petroleum-consuming region as consumption rebounded from its 2008 decline. Between 2008 and 2012, Asia’s consumption increased by 4.4 The rapidly industrializing economies of China and India fueled much of Asia’s demand increase, growing 2.8 Source: EIA.

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IHS Markit: US gasoline demand could be cut almost in half due to COVID-19

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The magnitude of gasoline demand decline will be much greater than the impact of the 2008 recession and could be further protracted depending on how effective social distancing measures are at controlling the spread of the COVID-19 virus. during the global recession in 2008/2009. million units. million units, down by 13.6%

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EIA Estimates 2.1% Growth in Fossil Fuel CO2 Emissions in US in 2010; Still Below 1999-2008 Levels

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in 2009, will increase by 2.1% However, even with increases in 2010 and 2011, projected CO 2 emissions in 2011 are lower than annual emissions from 1999 through 2008. EIA projects that world oil consumption will grow by 1.5 EIA projects that world oil consumption will grow by 1.5 US crude oil production averaged 5.32

2008 186
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EIA projects world energy use to increase 53% by 2035; oil sands/bitumen and biofuels account for 70% of the increase in unconventional liquid fuels

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Worldwide energy consumption will grow by 53% between 2008 and 2035 with much of the increase driven by strong economic growth in the developing nations, especially China and India, according to the reference case in the newly released International Energy Outlook 2011 (IEO2011) from the US Energy Information Administration (EIA).

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The Real Reason for USA based Economic Recessions.

DIY Electric Car

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. The economy was slowed by their actions but it didn?t

USA 180
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Economic Impact Study Finds Grid-Enabled Vehicle Policies in Electrification Coalition Roadmap Would Result in Substantial Economic Benefit for US

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The Electrification Coalition (EC) has released a long-term macroeconomic analysis of the policy proposals put forward in its November 2009 Electrification Roadmap ( earlier post ). I believe we are on the cusp of the next great tectonic shift in our economy, one that will transform the way we use energy both in our homes and on the road.

Grid 186
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Heard At The Show: Snippets from SAE 2009 World Congress

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How did the high fuel prices impact customer behavior in 2008? Department of Defense and Fuel Economy. Skalny, Director, US Army TARDEC shared the following insights on fuel usage within the Department of Defense (DOD): Every $10/barrel increase in oil prices adds $1.3 The cells make up the remainder.

Congress 150