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Biden bans import of Russian oil, gas, coal with immediate effect; Putin to block exports of “certain products and raw materials”

Green Car Congress

President Joe Biden issued an executive order banning the importation from Russia of crude oil; petroleum; petroleum fuels, oils, and products of their distillation; liquefied natural gas; coal; and coal products. In 2021, Russian oil was just under 10% of US overall imports of oil.

Coal 284
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EIA expects continued high prices for diesel and home heating oils

Green Car Congress

The US Energy Information Administration (EIA) expects that low inventories of distillate fuels, which are primarily consumed as diesel fuel and heating oil, will lead to high prices through early 2023. Inventories are just one part of the supply equation for diesel and other distillates. EIA forecasts Russia will produce 9.3

Oil 334
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War in Ukraine: We Need to Talk About Fossil Fuels

Cars That Think

He took the first step in Crimea in 2014 , and in the early morning hours of 24 February he ordered a large-scale invasion of Ukraine. This war will have many long-term consequences, but possibly none more important than its effects on the future of the European energy supply. Shell quickly chimed in to say it would sell off its 26.5

Ukraine 123
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The War in Ukraine Disrupts Trade in Both Food and Fuel

Cars That Think

The Russian invasion of Ukraine has brought a stream of reports about the country’s energy exports. The EU bought about 85 percent of the natural gas that Russia shipped out (via pipelines from Western Siberia) and nearly 55 percent of the crude oil and refined oil products that Russia exported (via pipelines and tankers).

Ukraine 80
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Rhodium Group estimates US GHG emissions rose 1.3% in 2022

Green Car Congress

Despite efforts to continue stimulating the US economy in the wake of the pandemic, high inflation put a damper on economic growth, which was exacerbated by a spike in oil prices as a result of Russia’s invasion of Ukraine. Consequently, the US economy grew 1.9% in 2022, down from a 5.7% GDP increase in 2021.

Emissions 273
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Global Carbon Budget 2022: Global fossil CO2 emissions expected to grow 1.0% in 2022

Green Car Congress

Growth in oil use, particularly aviation, and coal use are behind most of the increase in 2022. CO 2 emissions from coal use are expected to grow 1.0% [0.2% While the data indicates that coal use has plateaued in the last 10 years, there remains considerable uncertainty on when it will start to decline. for oil, 1.1%

Global 221
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Joe Manchin continues to ponder the advantages of an all-EV future

Teslarati

Senator Joe Manchin, a Democrat from West Virginia, continues to show his coal-based roots are far from gone. After President Joe Biden aimed for half of all new cars sold to be all-electric by 2030, Manchin said the target was “unattainable,” especially as Russia started its invasion of Ukraine. I remember those days.

Future 142