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Production of crude oil as a percentage of proved reserves: Recent worldwide and US trends

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In this analysis, I examined the relation between crude-oil production and crude-oil reserves in the world overall and in the United States alone. The variable of interest was the amount of crude oil produced as a percentage of proved reserves of crude oil. For the world, production of crude oil in 1980 represented 3.4%

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Actual fuel economy of cars and light trucks: 1966-2017

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Specifically, this study examines actual fuel economy of cars and light trucks (pickup trucks, SUVs, and vans) from 1966 through 2017. Department of Transportation were the sources of the information for 1986 through 2017. The graph below shows the changes in actual vehicle fuel economy from 1966 through 2017. total Btu).

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Production of crude oil as a percentage of proved reserves: Recent worldwide and U.S. trends

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In this analysis, I examined the relation between crude-oil production and crude-oil reserves in the world and in the United States. The variable of interest was the amount of crude oil produced as a percentage of proved reserves of crude oil. The years examined were 1987 through 2017 (in five-year increments).

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How crude-oil prices influence gasoline prices

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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. The Energy Information Administration (EIA) estimates that in the United States from 2008 to 2017, crude oil represented only 61% of the retail price of gasoline. for a 10-day lag.

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University of Utah engineers develop fast method to convert algae to biocrude

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Researchers at the University of have developed an unusually rapid method to deliver cost-effective algal biocrude in large quantities using a specially-designed jet mixer. —University of Utah chemical engineering assistant professor Swomitra “Bobby” Mohanty, co-author. —Leonard Pease, co-author.

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UK, Iran team develops new materials to improve enhanced oil recovery

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A new class of materials which are suitable agents for displacing oil in enhanced oil recovery operations has been developed by scientists at Swansea University (UK) and scientists at Islamic Azad University in Iran. There, they used a 5-spot glass micromodel to evaluate the suitable agents for oil displacing in EOR.

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Researchers uncover mechanism behind oil synthesis in algae

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Researchers led by a team from Kobe University in Japan have revealed the mechanism behind oil synthesis within microalgae cells. The research team developed an analysis method called “dynamic metabolic profiling” and used this to analyze JSC4 and discover how this species produces oil within its cells.

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