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EIA forecasts 2023 global production of liquid fuels to exceed 101 MMb/d for first time

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million barrels per day through the end of this year, EIA expects 2023 global production of liquid fuels—which includes gasoline, diesel, and jet fuel—to exceed 101 million barrels per day (MMB/d) for the first time. —EIA Administrator Joe DeCarolis EIA expects US gasoline prices to average around $3.50

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GM begins market positioning for Cruze Diesel in 2013; small displacement diesels to “fill an important niche”

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turbodiesel engine on Cruze—one of the top-selling gasoline-powered cars in the US in 2011 and General Motors’ best-selling model globally—will establish Chevrolet as the only domestic automaker offering an American-manufactured diesel-powered compact car with a European-American developed engine. Earlier post. ).

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Cruze US diesel engine being co-developed with GM diesel center of excellence in Torino, Italy

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The coming Chevrolet Cruze diesel engine for the US market ( earlier post ) will leverage GM’s global powertrain expertise. GM sold more than half a million diesel-powered cars across Europe, Asia, Africa and South America last year, including 33,000 Cruzes.

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IFQC annual ranking of gasoline sulfur standards sees progress around the world; US drops to 46th

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Maximum gasoline sulfur limits. A trio of European countries and one from South America made major strides in reducing their levels of sulfur content in gasoline, allowing them to advance in the annual global ranking published by Hart Energy’s International Fuel Quality Center (IFQC). Click to enlarge.

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EIA: US exports of distillate fuel continue to grow; refinery distillate yields up to about 28%

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US exports of distillate fuel (which includes diesel) reached a record 656,000 barrels per day (bbl/d) in 2010 and have grown every year since 2003, according to the US Energy Information Administration (EIA). In 2010, Central and South American countries imported about 311,000 bbl/d of US distillate fuel, 47% of total US distillate exports.

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Ford investing $2.5B for new engine, transmission plants in Mexico

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The investment covers three projects: a new engine plant in Chihuahua; expansion of Ford’s I-4 and diesel engine lines in Chihuahua; and a new transmission plant—Ford’s first in Mexico—in Guanajuato. Ford is investing $2.5 billion investment brings approximately 2,000 new jobs. Ford has 11,300 employees in Mexico.

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GlobalData: Hurricane Isaac to have minimal impact on Gulf refining

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A typical refined barrel of crude in the Gulf area yields 46% gasoline, 25% diesel or heating oil, and 6% natural gas liquids. So, production of 598,000 bpd of gasoline, 325,000 bpd of diesel, and 78,000 bpd of natural gas liquids is likely to be shut in for about three to four days, Kerr calculates.