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2020 Thanksgiving week gasoline consumption in US lowest since 1997

Green Car Congress

Gasoline sales fell 8.4% (nearly 185 million less gallons) from the previous week for the seven-day period ending 28 November, bringing consumption to the lowest level for a Thanksgiving Week in 23 years, going back to 1997. Northeastern gasoline sales dropped 10.1% —Tom Kloza, executive director, IHS Markit.

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API reports record US petroleum production in April: 10.543 million b/d; strongest April demand since 2007

Green Car Congress

April saw the US produce a record 10,543,000 barrels per day (MBD) of oil, according to data from the American Petroleum Institute. The first four months of this year also saw US petroleum demand average 750,000 barrels a day above the same period in 2017 despite higher prices. Domestic WTI crude oil prices averaged $66.25

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BNEF forecasts EVs to be 35% of global new car sales by 2040; cost of ownership below conventional-fuel vehicles by 2025

Green Car Congress

Driving the sales increase is a forecast significant reduction in battery prices—the result being that during the 2020s EVs will become a more economic option than gasoline or diesel cars in most countries. At the core of this forecast is the work we have done on EV battery prices. —Salim Morsy.

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Perspective: US Needs to Transition to Hydrous Ethanol as the Primary Renewable Transportation Fuel

Green Car Congress

The oil price shocks of the 1970s led the Brazilian government to address the strain high prices were placing on its fragile economy. Brazil, the largest and most populous country in South America, was importing 80% of its oil and 40% of its foreign exchange was used to pay for that imported oil.

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State Department issues Draft Supplemental Environmental Impact Statement on Keystone XL Pipeline: climate change impacts

Green Car Congress

Comparison of proposed Keystone XL route to previously proposed project segment. The US Department of State (DOS) has released its Draft Supplemental Environmental Impact Statement (SEIS) in response to TransCanada’s May 2012 application for the Keystone XL pipeline that would run from Canada’s oils sands in Alberta to Nebraska.

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Soon an Electric Vehicle Will Cost Less Than An IC Engine Vehicle !!!

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One of the main reasons which limit the mass adaption of electric cars or EVs is its price difference in comparison with its IC engine counterpart. A study conducted by BloombergNEF forecasts that Electric vehicles will be cheaper than gasoline-powered vehicles in Europe. Rays of Hope. Battery Swapping. Conclusion.

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Study Finds Integrated Biorefinery Processes Could Be Highly Competitive With Petroleum Fuels on Efficiency and Costs, While Offering Substantial Reductions in Greenhouse Gas Emissions

Green Car Congress

per liter gasoline equivalent ($1.37 – $2.16 per liter gasoline equivalent ($0.96 per liter gasoline equivalent ($0.96 Field-to-wheel CO 2 emissions and petroleum use for mature biorefinery scenarios relative to a conventional gasoline base case. per gallon) at the same scale and financial structure. Laser et al.

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