Remove 2012 Remove 2015 Remove Coal Remove Oil Prices
article thumbnail

IEA WEO-2012 finds major shift in global energy balance but not onto a more sustainable path; identifies potential for transformative shift in global energy efficiency

Green Car Congress

The global energy map is changing significantly, according to the 2012 edition of the Internal Energy Agency’s (IEA) World Energy Outlook ( WEO-2012 ). barely rises in OECD countries, although there is a pronounced shift away from oil, coal (and, in some countries, nuclear) towards natural gas and renewables. Renewables.

Global 225
article thumbnail

EIA STEO projects higher US crude production, increases in travel and gasoline demand

Green Car Congress

This level is 120,000 b/d (3.2%) higher than last summer’s consumption and closer to levels from summer 2015. High oil and coal production also could contribute to diesel consumption growth, EIA notes. High oil and coal production also could contribute to diesel consumption growth, EIA notes. gal last summer.

Gasoline 150
article thumbnail

Surprise Natural Gas Drawdown Signals Higher Prices Ahead

Green Car Congress

The US is and has been in the midst of an epochal transition from coal-fired electricity to natural gas and renewables, a switch that will take many more years to play out. Nine of the ten highest power burn days on record took place last month, with the other one occurring in July 2015. Average consumption of 36.1

Gas 150
article thumbnail

EIA Energy Outlook 2013 reference case sees drop in fossil fuel consumption as use of petroleum-based liquid fuels falls; projects 20% higher sales of hybrids and PHEVs than AEO2012

Green Car Congress

Biofuels grow at a slower rate due to lower crude oil prices and. The decline reflects increased domestic production of both petroleum and natural gas, increased use of biofuels, and lower demand resulting from the adoption of new vehicle fuel efficiency standards and rising energy prices. Biomass and biofuels growth is slower.

Fuel 225
article thumbnail

EIA projects world liquid fuels use to rise 38% by 2040, driven by growth in Asia and Middle East; transportation 92% of demand

Green Car Congress

Crude and lease condensate includes tight oil, shale oil, extra-heavy crude oil, field condensate, and bitumen (i.e., oil sands, either diluted or upgraded). Other liquids refer to natural gas plant liquids (NGPL), biofuels (including biomass-to-liquids [BTL]), gas-to-liquids (GTL), coal-to-liquids (CTL), kerogen (i.e.,

Asia 341