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EIA expects increased US crude oil production, with continued high petroleum prices in 2022

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Despite the increases in production, EIA expects the Brent crude oil price to remain above $100 per barrel this year, according to the agency’s May 2022 Short-Term Energy Outlook (STEO). Higher electricity prices mean that the average US household will pay about the same amount for electricity this summer as last summer.

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EIA expects record global petroleum consumption in 2024, with lower crude oil prices

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The US Energy Information Administration (EIA) expects global consumption of liquid fuels such as gasoline, diesel, and jet fuel, to set new record highs in 2024. EIA forecasts that the European benchmark Brent crude oil price will average less than $80 per barrel in 2024, more than 20% lower than in 2022. per gallon in 2023 and $3.10

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Gas prices due to drop in 2024, as EVs plug into cleaner energy

Green Car Reports

The cost of gasoline and the carbon footprint of EVs could both fall in the new year. Energy Information Administration (EIA) expects combined electricity generation from solar and wind to exceed coal for the first time in 2024. Solar alone is expected to increase 39% from 2023 thanks to continual increases in generating capacity.

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Giga Germany deliveries, coal rebounds, filling up gas vs. EV: Today’s Car News

Green Car Reports

EVs cost even less to “fill up” vs. gasoline vehicles as pump prices surge. And more coal is in the mix. Tesla makes its first deliveries from Giga Berlin. This and more, here at Green Car Reports. Yesterday Tesla delivered its first cars from its new factory in Germany, nicknamed Giga Berlin.

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EIA expects 7% increase in US energy-sector CO2 emissions as economic activity increases during 2021

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EIA forecasts coal-related CO 2 emissions will increase by 17% in 2021 because the share of US electricity generated by coal has increased significantly this year. EIA expects overall energy-related CO 2 emissions to increase an additional 1% in 2022, and emissions from coal to decrease 7%. Gasoline prices averaged $3.14

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China team optimizes catalytic hydrogenation process to convert coal tar to gasoline and diesel

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Flow diagram of coal tar hydrogenation process. Researchers in China report the production of gasoline and diesel from coal tar via an optimized catalytic hydrogenation using two serial fixed beds, the first with a hydrofining catalyst of MoNi/?-Al million tons of coal tar was further processed. Credit: ACS, Kan et al.

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EIA STEO projects higher US crude production, increases in travel and gasoline demand

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For summer 2017, EIA forecasts motor gasoline consumption to average 9.5 EIA expects that domestic refinery production, including gasoline blendstock output, will be about 20,000 b/d lower this summer than last summer. of total gasoline consumption. For all of 2017, the forecast average price for regular gasoline is $2.39/gal,

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