Green Car Congress
MAY 30, 2018
The Energy Information Administration (EIA) estimates that in the United States from 2008 to 2017, crude oil represented only 61% of the retail price of gasoline. Gasoline prices are also influenced by gasoline demand relative to gasoline supply.
Green Car Congress
AUGUST 7, 2015
Many oil companies had trimmed their budgets heading into 2015 to deal with lower oil prices. But the collapse of prices in July—owing to the Iran nuclear deal, an ongoing production surplus, and economic and financial concerns in Greece and China—have darkened the mood. by Nick Cunningham of Oilprice.com.
Green Car Congress
OCTOBER 17, 2009
World production of fossil fuels—oil, coal, and natural gas—increased 2.9% in 2008 to reach 27.4 million tons of oil equivalent (Mtoe) per day, according to a Worldwatch Institute analysis. Energy prices reflected this shift: oil peaked at $144 per barrel in July, then fell to $34 per barrel in December.
Green Car Congress
SEPTEMBER 20, 2011
Unconventional liquids become increasingly important in the total supply of liquid fuels, according to IEO2011. The transportation sector accounted for 27% of total world delivered energy consumption in 2008, and transportation energy use increases by 1.4% per year from 2008 to 2035 in the reference case. Click to enlarge.
Green Car Congress
APRIL 7, 2010
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 Most of the growth in oil consumption is expected in the Asia-Pacific and Middle East regions. US crude oil production averaged 5.32
Green Car Congress
JUNE 13, 2012
Oil demand grew by less than 1%—the slowest rate amongst fossil fuels—while gas grew by 2.2%, and coal was the only fossil fuel with above average annual consumption growth at 5.4% The report also highlighted supply disruptions as one of the major energy events of the year. globally, and 8.4% in the emerging economies.
Green Car Congress
AUGUST 7, 2015
Lower crude oil prices and strong demand for petroleum products, primarily gasoline, both in the United States and globally, have led to favorable margins that encourage refinery investment and high refinery runs. Total US motor gasoline product supplied is up 2.9% through the first five months of the year compared with 2014.
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