Green Car Congress

JULY 6, 2021

Developed on a new architecture, the all-new Sportage will offer gasoline and diesel powertrains at market launch later this year, followed by hybrid-electric (HEV) and plug-in hybrid electric (PHEV) models. The Sportage will be launched with a range powertrains, including clean gasoline and diesel IC engine technology.

PHEV 435

PHEV Kia Gasoline Diesel 435

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.

Oil Prices 210

Oil Prices Oil Global Price 210

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.

Oil 418

Oil Ukraine Libya Iraq 418

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). million barrels per day set in 2019.

Oil 344

Oil Price Production Oil Prices 344

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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.

Gasoline 321

Gasoline 2020 Wyoming New Jersey 321

Green Car Congress

FEBRUARY 18, 2020

The majority (69%) of primary energy imported into the United States in 2018 was crude oil, with petroleum products and natural gas also having significant shares, according to the US Energy Information Administration (EIA). Petroleum products include unfinished oils, hydrocarbon gas liquids, aviation gasoline, motor gasoline, naphtha?type

Oil 269

Oil 2018 Energy Coal 269

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.

Gasoline 243

Gasoline 2014 Price Texas 243

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.

Oil 199

Oil Production Coal Solar 199

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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

2020 389

2020 2005 Oil United States 389

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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.

United States 511

United States Oil 2020 International 511

Green Car Congress

APRIL 13, 2023

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. Despite OPEC+ announcing it would cut crude oil production by 1.2 from its previous forecast. gal and $3.70/gal

Global 210

Global Fuel Production South America 210

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.

Mexico 414

Mexico Canada South Korea 2019 414

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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

Gasoline 236

Gasoline San Francisco 2017 Price 236

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.

Diesel 170

Diesel Gasoline 2020 Price 170

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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

Gasoline 269

Gasoline 2020 Gasoline-Electric 2008 269

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.

Congress 259

Congress Fuel Tax Tax Fuel 259

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%.

Price 273

Price Energy Oil Gasoline 273

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MAY 22, 2023

The Dangote Petroleum Refinery, which covers an area of approximately 2,635 hectares—about the six times the size of Victoria Island in Lagos, Nigeria—is expected to be Africa’s largest oil refinery and the world’s largest single-train facility. Nigerian crude oil is also rich in paraffins.

Nigeria 259

Nigeria Oil Africa Financing 259

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SEPTEMBER 27, 2022

In the first half of 2022 (January–June), US exports of petroleum products averaged nearly 6 million barrels per day (b/d), the most first-half-of-year exports in Petroleum Supply Monthly data, going back to 1973, according to the US Energy Information Administration (EIA).

Russia 284

Russia Production Oil Ukraine 284

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JANUARY 5, 2018

US regular retail gasoline prices averaged $2.41 per gallon in 2017, 27 cents/gal (13%) higher than in 2016, but two cents/gal less than in 2015, according to the US Energy Information Administration (EIA). Higher crude oil prices in 2017 contributed to higher gasoline prices. gal at some point in the year.

San Francisco 150

San Francisco 2017 Gasoline 2016 150

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AUGUST 3, 2022

In Asia and the Middle East, at least nine refinery projects are beginning operations or are scheduled to come online before the end of 2023, according to the US Energy Information Administration (EIA). In the International Energy Agency’s (IEA) June 2022 Oil Market Report, the IEA expects net global refining capacity to expand by 1.0

Asia 418

Asia Saudi Arabia Kuwait Oman 418

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APRIL 11, 2017

In its latest Short-Term Energy Outlook (STEO), the US Energy Information Administration (EIA) projects that US crude oil production, which averaged an estimated 8.9 For summer 2017, EIA forecasts motor gasoline consumption to average 9.5 of total gasoline consumption. million b/d in 2017 and 9.9 million b/d in 2018.

Gasoline 150

Gasoline Gasoline-Electric Production Oil 150

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 US crude oil production averaged an estimated 9.3 million b/d.

2018 207

2018 2019 Oil Production 207

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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). Gasoline prices are forecast to go even lower in 2015.

2015 210

2015 Gasoline Fuel Economy MPG 210

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JULY 8, 2021

As outlined in its current Short-Term Energy Outlook , the US Energy Information Administration (EIA) estimates that global consumption of petroleum and liquid fuels averaged 92.3 US regular gasoline retail prices averaged $2.78 In June, monthly retail gasoline prices averaged $3.06/gal, million b/d from 2019. gal in 1H20.

2019 243

2019 Global Fuel Gasoline-Electric 243

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OCTOBER 29, 2012

The federal subsidy significantly favors larger battery packs to a stronger degree than their potential for additional gasoline savings. air emissions and oil displacement benefits) in the near term per dollar spent than PHEVs and battery-electric vehicles (BEVs) with large battery packs providing longer electric range. Earlier post.).

Gasoline 308

Gasoline PHEV Gasoline-Electric Batteries 308

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AUGUST 7, 2015

Gross inputs to US refineries exceeded 17 million barrels per day (b/d) in each of the past four weeks, according to the US Energy Information Administration (EIA)—a level not previously reached since EIA began publishing weekly data in 1990. Higher demand for gasoline is supporting these margins, according to the EIA.

Gasoline 150

Gasoline 2014 Louisiana Oil 150

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. OPEC’s monthly report said demand for the cartel’s oil will fall to 28.9 OPEC’s monthly report said demand for the cartel’s oil will fall to 28.9

Oil Prices 199

Oil Prices Oil 2015 Price 199

Green Car Congress

JANUARY 7, 2021

However, the starting year of this analysis is 1966 because (1) for 1923 through 1935, fuel-economy information is available only for the entire fleet of all vehicles, and (2) from 1936 through 1965, light trucks were included with other trucks in the relevant statistics.?. (My previous update included data through 2017.).

Fuel Economy 435

Fuel Economy 2019 Economy Light 435

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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.

Gasoline 322

Gasoline Price Energy Parts 322

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OCTOBER 16, 2015

Shale oil production generates greenhouse gas emissions at levels similar to conventional crude oil production, according to a pair of new studies released by the US Department of Energy’s Argonne National Laboratory. These are shale formations with low permeability and must be hydraulically fractured to produce oil and gas.

Oil 150

Oil Gas Emissions Davis 150

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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

Gasoline 247

Gasoline Price 2001 Oil Prices 247

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APRIL 27, 2012

The majority (62%) of the plantations were located on the island of Sumatra, and more than two-thirds (69%) of all industrial plantations were developed for oil palm cultivation, with the remainder mostly being Acacia plantations for paper pulp production. Earlier post.). —Dr.

Oil-Sands 314

Oil-Sands Oil Emissions Climate 314

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DECEMBER 4, 2013

Shell has developed a lead-free replacement for aviation gasoline (Avgas 100 and 100LL); the replacement fuel will now begin a strict regulatory approvals process. Shell is the first major oil company to do so. Leaded gasoline for automobiles was phased out of use in the US by 1995 due to its environmental and health impact.)

Gasoline 246

Gasoline EPA Emissions Fuel 246

Green Car Congress

APRIL 20, 2013

Crude oil imports from the top five foreign suppliers to the United States—which in 2012 were Canada, Saudi Arabia, Mexico, Venezuela, and Iraq, in that order—accounted for almost 72% of total US net crude oil imports, the highest proportion since 1997, according to the US Energy Information Administration (EIA).

Saudi Arabia 262

Saudi Arabia Oil Iraq Venezuela 262

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FEBRUARY 14, 2018

TFSI (gasoline) or a 3.0 The B-cycle combustion process (a modified Miller cycle, earlier post ), which is designed specifically for part load, makes the V6 gasoline engine particularly efficient. The three-liter gasoline unit produces a subtle and sonorous sound that never becomes intrusive even under load. TDI (diesel) engine.

Audi 210

Audi Gasoline Engine Standards 210

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NOVEMBER 21, 2013

The carbon intensity (CI) of Alberta oil sands production has significantly decreased over the last 40 years, according to a new study by a team from Stanford University published as an open access paper in the journal Environmental Research Letters. Supplementary Information. Trends in well-to-wheel pathway-specific CI.

Oil-Sands 210

Oil-Sands Oil Carbon Production 210