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
DECEMBER 5, 2012
Despite the projected increase in LDV miles traveled, energy consumption for LDVs further decreases after 2025, to 13.0 Biofuels grow at a slower rate due to lower crude oil prices and. After 2015, the Brent price increases, reaching $163 per barrel in 2040, as growing demand leads to the development of more costly resources.
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