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

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The world’s consumption of gasoline, diesel fuel, jet fuel, heating oil, and other petroleum products reached a record high of 88.9 In 2009, Asia surpassed North America as the world’s largest petroleum-consuming region as consumption rebounded from its 2008 decline. North America. Source: EIA. Click to enlarge.

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Ricardo study suggests global oil demand may peak before 2020, falling to below 2010 levels by 2035

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Global demand for oil may well peak before 2020, falling back to levels significantly below 2010 demand by 2035, according to a multi-client research study conducted by Ricardo Strategic Consulting launched in June 2011 in association with Kevin J. Oil demand growth will have its limits in every country. Lindemer LLC.

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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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The US Energy Information Administration (EIA) estimates in the April 2010 release of its Short-Term Energy and Summer Fuels Outlook that CO 2 emissions from fossil fuels, which declined by 6.6% in 2010 and 1.1% EIA projects that world oil consumption will grow by 1.5 million barrels per day (bbl/d) in 2010 and 1.6

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BP Statistical Review finds global oil share down for 12th year in a row, coal share up to highest level since 1969; renewables at 2%

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seen in 2010, according to the newly released BP Statistical Review of World Energy, 2012. The “Arab Spring” affected oil and gas supplies—most notably the complete, albeit temporary, loss of Libyan supply—while the tragic Fukushima accident in Japan had knock-on effects for nuclear and other energy sources around the world.

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Study finds that dry-feed gasification for coal-to-liquids is more efficient, lower-emitting and cheaper than slurry-feed; CCS cost-effective for reduction of CO2

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Even with CCS, the liquid product costs are comparable to recent crude oil prices. For a liquids-only configuration, CCS is a cheaper option when the CO 2 price exceeds $12/tonne. GHGT-10 took place 9-23 September 2010 in RAI, Amsterdam, The Netherlands. —Mantripragada and Rubin. Mantripragada and Edward S.

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ICCT updates US airline fuel efficiency rankings; Alaska stays on top, American on bottom

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On average, Alaska has operated the most efficient US domestic flights for five years running since 2010. America Airlines ranked last for the third year in a row, burning 25% more fuel than Alaska to provide a comparable level of transport service. Overall industry fuel efficiency improved by 1.7% from 2013 to 2014.

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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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Net petroleum imports as a share of total US liquid fuels consumed drop from 49% in 2010 to 38% in 2020 and 36% in 2035 in AEO2012. Under the Reference case, domestic crude oil production is expected to grow by more than 20% over the coming decade; already, domestic crude oil production increased from 5.1

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