Green Car Congress
MARCH 27, 2020
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 at least 15.3%
Green Car Congress
APRIL 9, 2010
By 2030, the typical US household’s annual income would rise by $2,763 (2008 dollars). trillion (2008 dollars) in aggregate income—money that can be saved or spent on other goods and services. Oil Imports. US crude oil and petroleum product imports would fall sharply, by 3.2 billion fewer barrels of foreign oil.
Green Car Congress
MAY 27, 2009
World oil prices have fallen sharply from their July 2008 high mark. As the world’s economies recover, higher world oil prices are assumed to return and to persist through 2030. In the IEO2009 reference case, world oil prices rise to $110 per barrel in 2015 (in real 2007 dollars) and $130 per barrel in 2030.
Green Car Congress
JUNE 22, 2009
Preliminary analysis suggests that Virent’s BioForming process can compete economically with petroleum-based fuels and chemicals at crude oil prices of $60 a barrel. Also in 2008, Shell and Virent announced their collaboration. Production of Conventional Liquid Fuels from Sugars (Virent 2008 whitepaper).
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. by Brian J.
Green Car Congress
DECEMBER 17, 2010
After falling 3% in 2008 and nearly 7% in 2009, largely driven by the economic downturn, energy-related CO 2 emissions do not return to 2005 levels (5,980 million metric tons) until 2027. quadrillion Btu projected in the AEO2010 Reference case, due to relatively lower disposable personal income. —EIA Administrator Richard Newell.
Green Car Congress
APRIL 30, 2009
How did the high fuel prices impact customer behavior in 2008? Personal mobility redefined. 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. kg) of aluminum used.
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