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EIA: US rail traffic reflects increase in crude oil production, decrease in coal use; coal still dominant

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The record increase in US crude oil production during 2012 and the significant decline in coal use for domestic electricity generation were reflected in the movement of those two commodities by rail last year, according to the US Energy Information Administration (EIA). Change in number of railcar loads 2011-2012.

Coal 210
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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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Oil remains the world’s leading fuel, but its 33.1% Coal’s market share of 30.3% seen in 2010, according to the newly released BP Statistical Review of World Energy, 2012. seen in 2010, according to the newly released BP Statistical Review of World Energy, 2012. World primary energy consumption grew by 2.5% Source: BP.

Coal 261
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The $32-Trillion Push To Disrupt The Entire Oil Industry

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Global oil and gas companies are increasingly facing an uphill battle as global warming policies are taking their toll. Most analysts and market watchers are focusing on peak oil demand scenarios, but the reality could be much darker. by Cyril Widdershoven for Oilprice.com.

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Haldor Topsoe and Yanchang form joint venture and build methanol catalyst facility in China

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Shaanxi Yangchang Petroleum, an energy & chemical giant in China, is engaged in efficient development, comprehensive utilization and deep conversion of petroleum, natural gas, coal, and other resources, ranking 265 among the Fortune Global Top 500. The year of 1907 saw the foundation of the first oil well in mainland China by Yanchang.

China 243
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EIA: light duty vehicle energy consumption to drop 25% by 2040; increased oil production, vehicle efficiency reduce US oil and liquid imports

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quadrillion Btu in 2012 to 12.1 from 2012 to 2040, compared to 1.2% The rising fuel economy of LDVs more than offsets the modest growth in VMT, resulting in a 25% decline in LDV energy consumption decline between 2012 and 2040 in the AEO2014 Reference case. l/100 km) in 2012 to 37.2 l/100 km) in 2012 to 37.2

Oil 290
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Researchers in China investigate use of coal as source of lithium

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Coal could become a major source of the metal lithium, according to a review of the geochemistry by scientists from Hebei University of Engineering in China published in the International Journal of Oil, Gas and Coal Technology. Indeed, the extraction of lithium from coal would offer an ironic twist to its continued use.

Coal 150
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BNEF: Oil price plunge to have only moderate impact on low-carbon electricity development, but likely to slow EV growth

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The collapse in world oil prices in the second half of 2014 will have only a moderate impact on the fast-developing low-carbon transition in the world electricity system, according to research firm Bloomberg New Energy Finance. While diesel and oil-based power is still uneconomic at $60/barrel, the pressure to switch is reduced.