Green Car Congress

APRIL 20, 2022

The US Energy Information Administration (EIA) forecasts that retail gasoline prices will average $3.84 After adjusting for inflation, this summer’s forecast national average price would mark the highest retail gasoline and diesel prices since 2014. Source: US Energy Information Administration, Short-Term Energy Outlook (STEO).

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Green Car Congress

FEBRUARY 24, 2023

In January 2023, state taxes and fees on gasoline and diesel fuel averaged $0.3163 per gallon (gal) of gasoline and $0.3388/gal of diesel fuel, according to the US Energy Information Administration (EIA). Data source: US Energy Information Administration, federal and state motor fuels taxes table.

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Green Car Congress

APRIL 1, 2022

In an effort to address the rapidly increasing cost of gasoline, President Biden authorized the release of 1 million barrels of oil per day for the next six months—more than 180 million barrels—from the Strategic Petroleum Reserve (SPR). million barrels of sweet and 200,000 barrels of sour crude oil. Background.

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Green Car Congress

DECEMBER 22, 2020

The average annual price of gasoline has fluctuated greatly over the past several decades, but when adjusted for inflation (constant dollars), the price of gasoline in 2019 was only nine cents higher than in 1929, according to the US Department of Energy (DOE). Note: Retail price includes Federal and State Taxes.

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Green Car Congress

JANUARY 11, 2023

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 also expects oil production in Canada, Brazil, and Norway collectively to grow 12% from 2022 to 2024, and also expects growth from new sources such as Guyana.

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Oil Prices Oil Global Price 210

Green Car Congress

JUNE 2, 2022

This post examines the recent changes in the costs of powering gasoline, diesel, and electric vehicles. The expectation was that the cost of electricity had recently increased much less than the costs of gasoline and diesel. The reason is that, in the United States, oil is used to generate less than 1% of electricity.

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Green Car Congress

MAY 11, 2022

The US Energy Information Administration (EIA) forecasts that US crude oil production will average 11.9 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). in summer 2021.

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Green Car Congress

JANUARY 27, 2023

Topsoe and Steeper Energy , a developer of biomass conversion technologies, signed a global licensing agreement for a complete waste-to-fuel solution. —Bevan May, President, Steeper Energy Steeper’s Hydrofaction has been validated through various stages of continuous pilot and demonstration-scale plant operations over the past 10 years.

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Green Car Congress

DECEMBER 8, 2020

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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Green Car Congress

JANUARY 4, 2022

Energy prices used in the S&P Goldman Sachs Commodity Index (GSCI) ended 2021 59% higher than the first trading day of the year, according to the US Energy Information Administration (EIA). WTI crude oil makes up the largest share of the overall GSCI at more than 21%. The precious metals index was the only one to decline.

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Green Car Congress

JANUARY 27, 2021

A new study by a team from Environmental Health & Engineering (EH&E) has found that greenhouse gas emissions from corn ethanol are 46% lower than those from gasoline—a decrease in emissions from the estimated 39% done by previous modeling. gCO 2 e/MJ) which is 46% lower than the average carbon intensity for neat gasoline.

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Green Car Congress

MAY 29, 2021

The average retail price for regular gasoline in the United States on 24 May, the Monday before the Memorial Day weekend, was $3.02 per gallon (gal), the highest gasoline price before Memorial Day since 2014, according to the US Energy Information Administration’s (EIA’s) weekly Gasoline and Diesel Fuel Update.

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Green Car Congress

MARCH 10, 2020

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. The IEA now sees global oil demand at 99.9

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Green Car Congress

JULY 18, 2020

Scientists from ExxonMobil, the Georgia Institute of Technology and Imperial College of London have published in the journal Science joint research on potential breakthroughs in a new membrane technology that could reduce emissions and energy intensity associated with refining crude oil. —Thompson et al.

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Green Car Congress

JANUARY 12, 2022

The US Energy Information Administration (EIA) forecasts that US oil production will average 12.4 million barrels per day during 2023, surpassing the record high for domestic crude oil production set in 2019. EIA also expects OPEC to increase its crude oil production to 28.9 million barrels per day in 2021.

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Green Car Congress

MAY 29, 2023

and the City of Cushing, Oklahoma announced that Southern Rock Energy Partners, LLC (SREP) has selected Cushing as the site for its 250,000 BPD next-generation, full conversion crude refinery. Cushing is the delivery point for West Texas Intermediate, a blend of US light sweet crude oil streams traded on the New York Mercantile Exchange.

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Green Car Congress

FEBRUARY 20, 2022

In 2021, the United States returned to importing more petroleum (which includes crude oil, refined petroleum products, and other liquids) than it exports following its historic shift to being a net exporter of petroleum in 2020, according to the US Energy Information Administration (EIA). million b/d. million b/d.

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Green Car Congress

JUNE 10, 2020

BMW i Ventures has invested in Prometheus Fuels ( earlier post ), a company removing CO 2 from the air and turning it into zero-net carbon gasoline that it will sell at gas stations, at a price that competes with fossil fuels, starting as early as this year. The effective upgrading of alcohols to gasoline, diesel, and jet fuels.

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Green Car Congress

MAY 28, 2021

Biocrude oil produced via hydrothermal liquefaction (HTL) of biomass could provide a low-carbon supplement for transportation fuel supply. However, physical processes—such as fractional distillation as used in oil refineries—are cheaper and more reliable. 1) values of gasoline, diesel, and Jet A fuels, respectively.

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Green Car Congress

JUNE 8, 2021

In 2020, net petroleum imports (total imports minus exports) were negative for the first time since the US Energy Information Administration began tracking them—i.e., This includes crude oil and petroleum products. the United States exported more petroleum than it imported. Net imports peaked in 2005 at 12.5

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Green Car Congress

APRIL 13, 2023

In its April Short-Term Energy Outlook (STEO), the US. Energy Information Administration (EIA) increased its forecast for the 2023 Brent crude oil price by 2.5% This change came after OPEC and its partner countries (OPEC+) announced crude oil production cuts for 2023. from its previous forecast. gal and $3.70/gal

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Green Car Congress

FEBRUARY 18, 2021

IHS Markit places the global peak for oil demand (gasoline and diesel) from LVs in 2019 when the demand averaged 29.1 IHS Markit places the global peak for oil demand (gasoline and diesel) from LVs in 2019 when the demand averaged 29.1 of world oil demand in 2020. of world oil consumption.

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CleanTechnica EVs

OCTOBER 11, 2023

Half of the world's economy has already reached peak gasoline and diesel demand while electric vehicle deliveries in every segment are shooting through the roof.

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Green Car Congress

JANUARY 5, 2019

US regular retail gasoline prices averaged $2.72 However, a rapid price decline beginning in October led to US average regular gasoline prices ending the year lower than they began for the first time since 2015, according to the US Energy Information Administration (EIA). gal at least once in 2018. gal to $2.91/gal

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Energy Institute at HAAS

MARCH 28, 2022

Right now even modest steps taken to use less gasoline and diesel would have a big impact on prices. With or without formal sanctions, oil buyers are shunning Russian crude, … Continue Reading Small Actions Matter for Reducing Oil Consumption.

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Green Car Congress

JUNE 29, 2020

Gasoline consumption in the United States is now more than halfway back to pre-COVID-19 levels as motorists get back on the road amid at least a partial recovery of the US economy, according to OPIS, an IHS Markit company. This allows users to track and benchmark industry trends for overall retail gasoline sales.

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Green Car Congress

JUNE 26, 2015

In a new, comprehensive study, a team from Argonne National Laboratory, Stanford University and UC Davis ITS has estimated the well-to-wheels (WTW) GHG emissions of US production of gasoline and diesel sourced from Canadian oil sands. g CO 2 e/MJ for US conventional crude oil recovery. This range can be compared to ∼4.4

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Green Car Congress

MAY 11, 2020

US energy-related CO 2 emissions declined by 2.8% in 2019 to 5,130 million metric tons (MMmt), according to data in the US Energy Information Administration’s (EIA) Monthly Energy Review. The changes in US energy-related CO 2 emissions in 2019 offset the increase in 2018. CO 2 emissions had increased by 2.9%

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Green Energy Consumers

AUGUST 7, 2023

But in recent weeks, we have seen a rise in oil prices. Nationally, gasoline prices have risen almost a penny per day for the last month. In New England, wholesale heating oil prices have risen almost two pennies per day. What’s going on?

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Green Car Congress

SEPTEMBER 19, 2013

The retail price of E85 motor fuel (a gasoline blend with up to 85% ethanol), has fallen in recent months, notes the US Energy Information Administration (EIA). Prices represent daily average observed E85 and regular gasoline prices at the same stations in the states of Iowa, Illinois, Indiana, Kentucky, Michigan, Minnesota, and Ohio.

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Green Car Congress

MAY 1, 2020

Although both diesel and gasoline are made from oil, the trends in their prices do not always go in parallel. While personal driving (which uses primarily gasoline) is down greatly because of various stay-at-home mandates, commercial truck transport (which uses primarily diesel) has been substantially less affected.

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Diesel Gasoline 2020 Price 170

Green Car Congress

MARCH 27, 2020

A sudden drop in miles traveled by car in the US triggered by wide-spread social isolation measures will have immediate ramifications for gasoline demand. IHS Markit analysis finds that US gasoline demand could fall by as much as 4.1 The four-week average US gasoline demand for the week ending 6 March 2020 was 9.1

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Green Car Congress

JULY 24, 2015

A team at South China University of Technology has developed a one-pot process to convert the diesel distillate and residual oil fractions in bio-oil into high-quality fuels by catalytic hydrocracking with combined CoMoS/Al 2 O 3 and HZSM-5 catalysts. A paper on their process is published in the journal Fuel. 2015.05.002. 2015.05.002.

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Green Car Congress

DECEMBER 16, 2013

Energy consumption by light-duty vehicles in the United States, AEO2013 and AEO2014, 1995-2040 (quadrillion Btu). LDV energy consumption declines in AEO2014 Reference case from 16.0 quadrillion Btu in 2012 to 12.1 quadrillion Btu in 2040, compared with 13.0 quadrillion Btu in 2040 in the AEO2013 Reference case. Source: EIA.

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Green Car Congress

JUNE 23, 2022

President Biden called on Congress to suspend the federal gas tax for the next 90 days, through the busy summer driving season—18 cents per gallon for gasoline and 24 cents per gallon for diesel. He also continued his calls for the oil industry to increase refinery capacity to increase production.

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Green Car Congress

JUNE 30, 2020

mmbd of petroleum to Mexico in 2019, which was 14% of total US petroleum exports, according to the US Energy Information Administration (EIA). Includes crude oil and petroleum products, such as gasoline, diesel and jet fuel. Source: US Energy Information Administration, May 2020 Monthly Energy Review, June 2020, Table 3.3f.

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Green Car Congress

OCTOBER 25, 2019

A team in Russia has developed a novel and simple strategy to produce high-octane synthetic fuel based on low-octane gasoline Fischer-Tropsch product via new two-stage processes in Fischer-Tropsch synthesis involving isomerization of alkenes and a methoxylation process. A paper on their work is published in the journal Fuel. Ershov et al.

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