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How crude-oil prices influence gasoline prices

Green Car Congress

Gasoline is one of the products refined from crude oil. Thus, the price of crude oil should have a strong influence on the price of gasoline. However, the retail price of gasoline includes other costs as well. Gasoline prices are also influenced by gasoline demand relative to gasoline supply.

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EIA: China’s use of methanol in liquid fuels has grown rapidly since 2000; >500K bpd in 2016

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The report estimates consumption to have been more than 500,000 barrels per day (b/d) in 2016. Methanol or its derivative products can be added to fuels such as gasoline and liquefied petroleum gases (LPG). Similar to how ethanol is currently blended into motor gasoline in the United States, methanol is blended into gasoline in China.

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Global Bioenergies reports first production of green isobutene at demo plant

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The first trials on the demo plant in Leuna were successfully completed, within schedule, in the fall of 2016 and Global Bioenergies announced first production of green isobutene via fermentation. In the fuel sector, it is presently used to manufacture isooctane, ETBE and MTBE which are valuable compounds used in gasoline mixes.

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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

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Transportation sector gasoline demand declines. Continued fuel economy improvement in vehicles using other alternative fuels, gasoline, and diesel, combined with growth in the use of hybrid technologies (including micro, mild, full, and plug-in hybrid vehicles), limit the use of electric vehicles over the projection. Click to enlarge.

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Near-Term Prospects for Automotive Li-ion Batteries: 21% of Hybrid and EV Market by 2011

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As one example of factors contributing to that decision, a survey of projected oil prices returned values between $30 and $250 a barrel, he said.). Anderman ran a series of net present value analyses based on a range of gasoline prices, fuel saved, and pack costs. PHEVs and EREVs require $7/gallon.

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Opinion: The Shale Delusion: Why The Party’s Over For US Tight Oil

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Despite brash statements by US producers and misleading analysis by Raymond James, low oil prices are killing tight oil companies. Reports this week from IEA and EIA paint a bleak picture for oil prices as the world production surplus continues. Global Supply and Demand Fundamentals Continue to Worsen.

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