Green Car Congress

JUNE 18, 2022

The IEA June 2022 Oil Market Report (OMR) forecasts world oil demand to reach 101.6 mb/d in 2023, according to the forecast. While diesel cracks eased month-on-month in May, both jet fuel and gasoline cracks surged as demand picked up seasonally. mb/d this year, world oil demand is forecast to expand by 2.2 mb/d to 101.6

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Oil Global Libya Russia 210

Green Car Congress

MAY 22, 2021

Neste, the world’s leading producer of renewable diesel and sustainable aviation fuel (SAF), is beginning the final phase of testing of a renewable gasoline for drop-in commercial use in the existing fleet. The product fulfills EN228 standard and can be used in both existing and new gasoline and hybrid cars.

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Sweden Gasoline Renewable Commercial 199

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 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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Oil Prices Oil Global Price 210

Green Car Congress

MAY 11, 2022

The US Energy Information Administration (EIA) forecasts that US crude oil production will average 11.9 A high level of uncertainty remains in our outlooks, but we have consistently forecast that elevated crude oil prices would help drive record-level annual US oil production levels in 2023. million barrels per day this year and 12.8

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Oil Price Production Oil Prices 344

Green Car Congress

JANUARY 10, 2018

In its latest edition of the Short-Term Energy Outlook , the US Energy Information Administration (EIA) forecasts that US crude oil production will average 10.3 EIA also forecasts that 2019 crude oil production will rise further to an average of 10.8 million b/d of the forecast 1.2 million b/d set in 1970. million b/d.

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2018 2019 Oil Production 207

Green Car Congress

JUNE 20, 2013

In a new report , Navigant Research forecasts that the number of natural gas vehicles (NGVs) on roads worldwide will reach 34.9 The increase is largely driven due to a combination of low-cost natural gas and sustained higher prices for gasoline and diesel in many countries, Navigant suggests. Forecasts Natural Gas'

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2020 Gas Fleet North America 321

Green Car Congress

JULY 8, 2021

In the EIA forecast, global consumption of liquid fuels rises by an additional 3.7 EIA forecasts US liquid fuels consumption will rise to 19.6 EIA forecasts global inventories will continue to fall in the near term but at a slower rate, with global inventories falling by 0.2 US regular gasoline retail prices averaged $2.78

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2019 Global Fuel Gasoline-Electric 243

Green Car Congress

MARCH 29, 2013

In contrast, Navigant expects the CAGR for fossil-based gasoline, diesel, and jet fuel to be 3.1% over the forecast period. Navigant expects conventional ethanol derived from corn starch, coarse grains, and sugarcane to remain the largest segment of biofuels throughout the forecast period. CAGR over the forecast period.

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Global 2013 Gasoline Renewable 231

Green Car Congress

APRIL 11, 2017

That level is higher than originally forecast, exceeding the previous record level of 9.6 For summer 2017, EIA forecasts motor gasoline consumption to average 9.5 For summer 2017, EIA forecasts motor gasoline consumption to average 9.5 Highway travel is forecast to be 1.4% of total gasoline consumption.

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Gasoline Production Gasoline-Electric Oil 150

Green Car Congress

MAY 22, 2019

Low-speed electric vehicles (LSEVs) could reduce China’s demand for gasoline and, in turn, impact global oil prices, according to a new issue brief by an expert in the Center for Energy Studies at Rice University’s Baker Institute for Public Policy. “ million of them—roughly 30% more units than conventional electric vehicle makers did.

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Oil Prices Gasoline-Electric Gasoline Oil 330

Green Car Congress

JULY 28, 2014

In a new report ( Transportation Forecast: Global Fuel Consumption ), Navigant Research forecasts total road transportation energy consumption will grow from 81.1 gasoline and diesel) represent the bulk of energy consumption throughout the forecast period. —“Transportation Forecast: Global Fuel Consumption”.

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Transportation Global Fuel Alternative Fuels 255

Green Car Congress

DECEMBER 17, 2014

The average US household will spend about $550 less on gasoline in 2015 compared with 2014, as annual motor fuel expenditures are on track to fall to their lowest level in 11 years, according to projections by the US Energy Information Administration (EIA). The price for US regular gasoline has fallen 11 weeks in a row to an average $2.55

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2015 Gasoline Fuel Economy MPG 210

Green Car Congress

NOVEMBER 9, 2010

At the current pace of research and development, replacing gasoline and diesel with renewable fuel alternatives could take some 131 years, according to a new University of California, Davis, study using a new sustainability forecasting approach based on market expectations. The forecast was published online 8 Nov.

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Davis Renewable Gasoline Market 300

Green Car Congress

JULY 7, 2014

The number of medium- and heavy-duty vehicles (MHDVs) in use worldwide will nearly double between 2014 and 2035, according to a new forecast report by Navigant Research. Navigant projects that annual MHDV sales will grow throughout the forecast period at a compound annual growth rate (CAGR) of 2.4%. of the market in 2014 to 11.2%

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Market Alternative Fuels Engine Gas-Electric 273

Green Car Congress

SEPTEMBER 30, 2014

The automotive turbocharging industry will generate $12 billion in revenue by equipping 49 million vehicles with turbochargers annually by 2019, according to Honeywell Turbo Technologies’ 2014 Global Turbo Forecast. In addition to improving fuel efficiency, downsized turbocharged engines also reduce harmful exhaust emissions.

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2019 Global Sale Downsizing 261

Green Car Congress

MARCH 9, 2013

Diesel will surpass gasoline as the number one transportation fuel worldwide by 2020 and continue to increase its share through 2040, according to ExxonMobil’s recently published Outlook For Energy: A View To 2040. Diesel demand accounts for 70% of the growth in demand for all transportation fuels through the forecast period to 2040.

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Gasoline Transportation 2020 Diesel 383

Green Car Congress

NOVEMBER 17, 2022

In the summer of 2022 (June—August), the price of fuel ethanol was lower than the price of the petroleum component of gasoline, which led to record-high fuel ethanol levels (blend rates) in gasoline sold in the United States, according to the US Energy Information Administration (EIA). Earlier post.) The summer blend rate was 10.0%

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Fuel Gasoline United States EPA 273

Green Car Congress

DECEMBER 31, 2014

In a new report , Navigant Research forecasts that light-duty natural gas vehicle (LD NGV) sales will grow 119% between 2014 and 2024, culminating in 42.1 Navigant forecasts only 56,251 LD NGV sales in 2014 in North America. Forecasts Natural Gas' Cumulative light-duty NGV sales by segment. Source: Navigant. Click to enlarge.

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Gas North America Global Vehicles 244

Green Car Congress

DECEMBER 11, 2014

The demand for oil in 2015 will drop to its lowest level since 2002 because of an oversupply of crude and stagnant economies in China and Europe, according to OPEC’s latest forecast. million barrels per day next year, 280,000 barrels lower than its previous forecast and the lowest in 12 years. And yet on Nov. million barrels to 377.4

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Oil Prices Oil 2015 Price 199

Green Car Congress

APRIL 7, 2021

The US Energy Information Administration (EIA) forecasts an increase in demand for petroleum products during the 2021 summer driving season as the impacts of COVID-19 diminish in the United States. EIA also forecasts the Brent crude oil price will average $64 per barrel this summer, a 78% increase from last summer’s average of $36 per barrel.

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2019 Fuel Coal 2020 186

Green Car Congress

AUGUST 11, 2021

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. Gasoline prices averaged $3.14 Gasoline prices averaged $3.14 EIA expects that US consumption of gasoline will average 9.0 billion metric tons this year.

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CO2 Emissions Coal Energy 305

Green Car Congress

JANUARY 12, 2022

The US Energy Information Administration (EIA) forecasts that US oil production will average 12.4 In its January Short-Term Energy Outlook (STEO), EIA forecasts US crude oil production will increase for nine consecutive quarters, from the fourth quarter of 2021 through 2023. —EIA Acting Administrator Steve Nalley.

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Oil Production Coal Solar 199

Green Car Congress

DECEMBER 21, 2012

Pike Research has published an update to its earlier forecasts on xEVs: hybrid (HEVs); plug-in hybrid (PHEVs); and battery electric vehicles (BEVs). As a result of new assumptions, Pike Research has slightly reduced its forecasts for plug-in vehicles (PEVs: PHEVs and BEVs combined) from past forecasts. million in 2020, or 2.1%

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Market North America PHEV Ford 268

Green Car Congress

FEBRUARY 23, 2016

The US Energy Information Administration (EIA) expects that motor gasoline consumption in the US will remain below the 2007 peak despite an increase in travel. STEO forecasts motor gasoline consumption to average 9.23 EIA attributes the outcome largely to improvements in light-duty vehicle fuel economy. below its 2007 level.

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2007 Gasoline Fuel Economy 2016 150

Green Car Congress

MAY 20, 2014

The company forecasts that annual LDV sales will grow to 126.9 over the forecast period—i.e., LDVs primarily fueled by gasoline will fall as a percentage of the overall global fleet from 82% in 2014 to 75% in 2035. —“Transportation Forecast: Light Duty Vehicles”. billion vehicles on the world’s roads.

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Plug-in Global Plug Vehicles 246

Green Car Congress

JUNE 6, 2020

tool developed by Argonne National Laboratory augmented with a learning-curve forecast of cost-reduction potential. The analysis also found that the dispensed price of hydrogen is likely to meet an interim target based on fuel-economy-adjusted price parity with gasoline of $6 to $8.50 per kilogram by 2025.

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Hydrogen Renewable Price Fuel 357

Green Car Congress

JANUARY 2, 2013

Pike Research forecasts that electric vehicles—conventional hybrids (HEVs), plug-in hybrids (PHEVs) and battery-electrics (BEVs)—will grow from 0.7% Pike Research forecasts that by 2020 more than 1.8 Pike’s projected vehicle sales by electrified drivetrain, European markets: 2012–2020. Click to enlarge. million PHEVs and 1.7

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Plug-in 2020 United Kingdom Plug 300

Green Car Congress

APRIL 26, 2012

US gasoline demand this summer is expected to be the lowest in 11 years, while the average summer fuel price is forecast to be at a record level, according to the US Energy Information Administration (EIA). US gasoline consumption is forecast to average almost 8.8 less than 2007’s record summer gasoline demand of 9.4

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Gasoline Price 2001 Oil Prices 247

Green Car Congress

NOVEMBER 8, 2015

Gasoline direct injection (GDI) is a strategy to improve fuel efficiency that is rapidly gaining market acceptance. Nevertheless, emission mandates are coaxing OEMs to employ fuel-efficient technologies such as gasoline direct injection, which in turn will drive the need for complementary after-treatment systems like GPFs.

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Gasoline 2020 North America Exhaust 150

Green Car Congress

OCTOBER 15, 2022

million tonnes of cumulative global production of lithium between 2015 and 2022, according to Benchmark’s Lithium Forecast. Benchmark forecasts that in 2040, nearly 20% of lithium chemicals will be produced from recycled batteries or process scrap. Near-term, a total of 2.9 million tonnes LCE will be needed by 2032, more than the 2.7

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Lithium Ion Energy Storage 2015 Supplies 360

Green Car Congress

DECEMBER 9, 2016

Honeywell’s Transportation Systems Forecast projects that turbocharged vehicles will acount for 48% of annual global sales by 2021, up 9 percentage points from 2016. In addition, Honeywell’s forecast calls for electric boosting products to help support compliance with more stringent national environmental standards. liters and 1.7

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Global Sale Transportation Vehicles 150

Green Car Congress

JUNE 11, 2013

In its latest forecast for hybrid and plug-in electric vehicle sales, Navigant Research expects that hybrid electric vehicles (HEVs), which today account for about 2% of global light duty vehicle sales, will grow to almost 4% of global LDV sales by 2020. Navigant Research forecasts global CAGRs of 11.5% Source: Navigant Research.

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Plug-in 2020 Plug Global 199

Green Car Congress

JULY 7, 2012

The Nikkei reports that the nationwide average price in Japan for regular gasoline was ¥139.8 Gasoline consumption that year is expected to be about 60% lower than the fiscal 2010 level. per liter ($6.65

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Japan Gasoline Fuel Gasoline-Electric 258

Green Car Reports

MARCH 25, 2019

Given the daily churn of electric-car announcements, major manufacturing investments, and battery supply-chain news, it could be a little hard to understand one reality-check projection: that even in 2030, a solid majority of vehicles sold could still burn fossil fuel. Last week, LMC Automotive, a consulting firm with a strong reputation for its.

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Gasoline Vehicles Power Powered 135

Green Car Congress

JULY 6, 2015

In a new report, Navigant Research forecasts global annual sales of light duty vehicles will reach 122.6 Navigant expects sales of conventional internal combustion engine (ICE) vehicles will fall significantly over the forecast period, experiencing a CAGR of -6.6%. — Transportation Forecast: Light Duty Vehicles.

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2015 Global Sale PHEV 150

Green Car Congress

FEBRUARY 16, 2016

The California State Board of Equalization (BOE) will consider lowering the excise tax rate for gasoline by 2.2 The fuel tax swap lowered the sales tax rate on gasoline to 2.25% and requires the BOE to set a per-gallon excise tax rate annually before 1 March. If adopted, the excise tax rate on gas will be 27.8

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Tax Gasoline California Fuel Tax 150

Green Car Congress

JANUARY 1, 2011

Key developments in the transportation sector that they note include: Positive for gasoline demand: Strong Chinese car growth in 2010, particularly in the first half of the year, with vehicle sales up 30% year-on-year (YoY) through the first eleven months of 2010. In DB’s Fall 2009 note, they had forecast 12% growth.

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Transportation Gasoline Lithium Ion Gasoline-Electric 250