2008 Fuel Economy Oil Prices Price 
Green Car Congress
AUGUST 27, 2013
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.
Green Car Congress
APRIL 23, 2018
Current global total liquids oil demand growth is at similar levels to what was recorded during the 2003 to 2007 commodity super-cycle, referred to as the “golden age” of refining. At present, current global total liquids oil demand is approximately 100 million barrels per day, the report says. —Spencer Welch.
Green Car Congress
DECEMBER 17, 2010
This larger resource leads to about double the shale gas production and more than 20% higher total lower-48 natural gas production in 2035, with lower natural gas prices, than was projected in the AEO2010 Reference case. The fuel economy standards are increased through model year 2020 to meet the statutory requirements of EISA2007.
Green Car Congress
AUGUST 30, 2009
The oil price shocks of the 1970s led the Brazilian government to address the strain high prices were placing on its fragile economy. Brazil, the largest and most populous country in South America, was importing 80% of its oil and 40% of its foreign exchange was used to pay for that imported oil.
Green Car Congress
DECEMBER 16, 2009
Volatility hurts us too, for as we’ve learned the price of oil can rise sharply in a short period of time. This means our economic stability is at stake because of our reliance on oil. In fact, four of the last five recessions were started by an oil price spike. [ 3 ] NRDC Policy Brief.
Green Car Congress
DECEMBER 15, 2009
Penetration rates for the PHEV-10 and the PHEV-40 were compared to a Reference Case that assumes high oil prices and fuel economy standards specified by EISA 2007 (with modest increases after 2020, when those standards level off), as described in the 2008 Hydrogen Report from NRC. Click to enlarge.
Green Car Congress
FEBRUARY 14, 2009
The Most Plausible Early Market consumers value fuel economy. That could yield more than 50 mpg of fuel economy—or usage of less than 300 gallons per year—and still be a lot cheaper than a plug-in hybrid or a fuel cell vehicle, he noted. New car buyers are not like pioneers, advocates and experts, Kurani noted.
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