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Report suggests low-speed electric vehicles could affect Chinese demand for gasoline and disrupt oil prices worldwide

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Low-speed electric vehicles (LSEVs) could reduce China’s demand for gasoline and, in turn, impact global oil prices, according to a new issue brief by an expert in the Center for Energy Studies at Rice University’s Baker Institute for Public Policy. “

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Today’s Stunted Oil Prices Could Cause Oil Price Shock In 2020

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As oil prices remain unsteady and OPEC continues to make headlines every hour, the world is focused on oil’s immediate future. shale production will continue to grow along with global demand. shale production will continue to grow along with global demand. oil may not be able to fill.

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IEA: global energy efficiency progress drops to slowest rate since start of decade

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Energy efficiency has tremendous potential to boost economic growth and avoid greenhouse gas emissions, but the global rate of progress is slowing, according to a new report by the International Energy Agency. Global primary energy demand rose by 2.3% in 2018, a trend that has continued since 2015 when demand grew by 2.5%.

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IHS Markit: US poised to be world’s largest LNG exporter in 2022 as China becomes top LNG importer

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The world’s two largest economies—the United States and China—are poised to be the world’s top export and import markets for liquefied natural gas (LNG), respectively, in 2022, according to a new report by IHS Markit. Meanwhile, mainland China has already become the top global importer of LNG. MMt set in 2014.

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IHS Markit: global commercial vehicle production to drop 22% in 2020 in wake of COVID-19

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IHS Markit is forecasting that global commercial vehicle production (GVW 4-8) volumes in 2020 compared to 2019 will be down 22% (more than 650,000 units) to 2.6 These forecasts are informed by the latest IHS Markit global economic forecast updates, which reflect a 3.0% decline in global real GDP in 2020.

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Navigant Research: plug-in electric vehicles close to becoming leading alternative fuel platform, best positioned to lead future

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From 2017 to 2018, PEV sales doubled in North America, and sales in Europe and China increased 39% and 77%, respectively, according to a new report from Navigant Research.

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CAR: US light-duty vehicle sales to dip in 2019

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US Light Vehicle Sales, 2015-2018, and CAR’s Forecast, 2019-2025. Solid new housing starts and home prices rebounding to pre-recession levels. Potential impact of trade negotiations with China, Japan, EU, and UK. CAR projects sales to rebound to 16.8 million units by 2022 and continue an upward trend through 2025.

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