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Biden authorizes release of more than 180M barrels of oil from Strategic Petroleum Reserve; 1M bpd for 6 months

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In an effort to address the rapidly increasing cost of gasoline, President Biden authorized the release of 1 million barrels of oil per day for the next six months—more than 180 million barrels—from the Strategic Petroleum Reserve (SPR). million barrels of sweet and 200,000 barrels of sour crude oil.

Oil 418
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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. Results from Du/Hayes are indicated by the large square. Click to enlarge.

Davis 334
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CMU study finds small battery PHEVs and gasoline hybrids the least-cost policy solution to reducing gasoline consumption

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The federal subsidy significantly favors larger battery packs to a stronger degree than their potential for additional gasoline savings. A 2011 paper by Michalek and colleagues found that strategies to promote adoption of HEVs and PHEVs with small battery packs offer more social benefits (i.e., Peterson and Michalek 2012.

Gasoline 308
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Study shows bamboo ethanol in China technically and economically feasible, cost-competitive with gasoline

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Now, researchers at Imperial College London have shown that bioethanol production from bamboo in China is both technically and economically feasible, as well as cost-competitive with gasoline. China bioethanol pump price for five enzyme loading scenarios in ( a ) 2011 with a 16¢ per liter (60.6¢ Click to enlarge.

Gasoline 351
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Audi using supplementary port fuel injection to address particulates from gasoline direct injection

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In part-load operation, the indirect injection supplements direct gasoline injection to improve fuel economy and to reduce the output of particulates from the engine. Thomas Heiduk, Michael Kuhn, Maximilian Stichlmeir, Florian Unselt (2011) “The new 1.8L Earlier post.). Earlier post.) smooth running.

Gasoline 304
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Researchers suggest subsidies and policies targeting plug-ins with small battery packs would produce more benefits at lower cost

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Federal subsidies and policies to encourage plug-in vehicle adoption would produce more benefits at lower cost by targeting the purchase of vehicles with small battery packs, according to Jeremy J. They found thousands of dollars of damages per vehicle (gasoline or electric) paid by the overall population rather than only by the emitters.

Plug-in 319
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First status review of California LCFS finds regulated parties exceeding the standard; compliance production cost about 0.1 cents/gallon

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A status review of California’s Low Carbon Fuel Standard (LCFS) ( earlier post ) for the period of 2011 and the first quarter of 2012 by Dr. Sonia Yeh at the Institute of Transportation Studies, UC Davis and Julie Witcover found that regulated parties in the LCFS—i.e., gCO 2 e/MJ for gasoline.

Standards 247