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MIT/UC Davis professors challenge claims that ethanol production decreased gasoline prices in 2010 and 2011

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Knittel/Smith results for implied gasoline price effects from elimination of ethanol for 2010 using Du/Hayes model and pooled-sample estimates. in 2010 and 2011, respectively. in 2010 and 2011, respectively. t margin for oil refiners. t margin for oil refiners. Source: Knittel and Smith (2012).

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EIA expects US petroleum trade to shift toward net imports during 2022

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In 2021, the United States returned to importing more petroleum (which includes crude oil, refined petroleum products, and other liquids) than it exports following its historic shift to being a net exporter of petroleum in 2020, according to the US Energy Information Administration (EIA). million b/d. million b/d.

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Average carbon intensity of oil sands production has dropped ~36% in last 40 years; still 12-24% higher than conventional oil CI

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In situ production began in 1974, so no value is computable for 1970. The carbon intensity (CI) of Alberta oil sands production has significantly decreased over the last 40 years, according to a new study by a team from Stanford University published as an open access paper in the journal Environmental Research Letters.

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PBF considering $550M investment to convert idled refinery unit to renewable diesel production

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Louisiana Governor John Bel Edwards and PBF Chalmette Refinery Manager Steven Krynski announced that the company is studying the possible conversion of an idled refinery unit into a renewable diesel production complex. and is capable of processing both light and heavy crude oil. PBF has funded more than $355.5

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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. The world is nearing a paradigm shift in oil demand. Lindemer LLC.

Oil 210
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New study finds GHG emissions from palm oil production significantly underestimated; palm oil biofuels could be more climate-damaging than oil sands fuels

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Mha (20%) of the peatlands of Peninsular Malaysia, Sumatra and Borneo in 2010, surpassing the area of Belgium and causing an annual carbon emission from peat decomposition of 230–310 Mt CO 2 e. Tropical peatlands cover more than 25 Mha in Southeast Asia and are estimated to contain around 70 Gt of carbon. Earlier post.).

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New Process Boosts Gasoline Production from the Catalytic Cracking of Vegetable Oil Under Refinery Conditions

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Adding nickel and co-feeding H 2 increased gasoline yield 32% relative to a conventional catalyst. atm), the team found that gasoline production increased 32% relative to the standard Ecat. Thus, they conclude, a “ judicious choice of metal ” is vital for performance during vegetable oil cracking. Credit: Rao et al.

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