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EIA: US fossil fuel consumption fell by 9% in 2020, the lowest level in nearly 30 years

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In 2020, total consumption of fossil fuels in the United States, including petroleum, natural gas, and coal, fell to 72.9 quadrillion British thermal units (Btu), down 9% from 2019 and the lowest level since 1991, according to the US Energy Information Administration (EIA) Monthly Energy Review.

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Electric vs. Gasoline Cars: Uncovering the Real Climate Savior

The Truth About Cars

Photo credit: Nick Starichenko / Shutterstock.com Contrary to common misconceptions , electric vehicles (EVs) generally have a smaller carbon footprint compared to traditional gasoline cars. This advantage remains true even when considering the electricity utilized for charging EVs.

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IEA: global oil demand to decline in 2020 as coronavirus weighs on markets

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Global oil demand is expected to decline in 2020 as the impact of the new coronavirus (COVID-19) spreads around the world, constricting travel and broader economic activity, according to the International Energy Agency’s (IEA’s) latest oil market forecast. million barrels a day in 2020, down around 90,000 barrels a day from 2019.

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EIA expects US motor fuel consumption to increase this summer, but remain below 2019 levels

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The US Energy Information Administration (EIA) forecasts an increase in demand for petroleum products during the 2021 summer driving season as the impacts of COVID-19 diminish in the United States. EIA expects the retail price of regular-grade gasoline in the United States will average $2.78 million b/d from 2020.

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EIA expects annual US crude oil production to surpass pre-pandemic levels in 2023

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We expect that as crude oil production increases, inventories will begin to replenish and help push prices lower for gasoline, jet fuel, and other products in the short term. Other key takeaways from the latest STEO include: EIA estimates that the United States produced 1.5 increase from 2020. in 2022 and 25.2%

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Global Carbon Project: Global carbon emissions growth slows, but hits record high

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The decline of coal use in the European Union and United States is overshadowed by surging natural gas and oil use around the world, according to the researchers. Although still a major factor in global emissions, coal has taken a hit, with global usage down 0.9% Coal use should drop a further 10% in the E.U.

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EIA AEO2015 projects elimination of net US energy imports in 2020-2030 timeframe; transportation energy consumption drops

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With continued growth in oil and natural gas production, growth in the use of renewables, and the application of demand-side efficiencies, the projections show the potential to eliminate net US energy imports in the 2020 to 2030 timeframe. The United States has been a net importer of energy since the 1950s. With greater U.S.

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