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Large differences among the recent increases in the cost of powering gasoline, diesel, and electric vehicles

Green Car Congress

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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Machine learning PODA model projects the impact of COVID-19 on US motor gasoline demand

Green Car Congress

The PODA model is a machine-learning-based model to project the US gasoline demand using COVID-19 pandemic data, government policies and demographic information. The Motor Gasoline Demand Estimation Module quantifies motor gasoline demands due to the changes in travel mobility. —Ou et al.

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EIA expects summer US real gasoline and diesel prices to be the highest since 2014

Green Car Congress

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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EIA: US average gasoline prices before Memorial Day highest since 2014

Green Car Congress

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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Electric vs. Gasoline Cars: Uncovering the Real Climate Savior

The Truth About Cars

Photo credit: Nick Starichenko / Shutterstock.com Contrary to common misconceptions , electric vehicles (EVs) generally have a smaller carbon footprint compared to traditional gasoline cars. Notably, in 2020, renewable energy sources rose to become the second-most dominant source of electricity in the United States.

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EIA expects US petroleum trade to shift toward net imports during 2022

Green Car Congress

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 in 2023.

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EIA expects new production milestones for US crude oil amid sustained global petroleum demand and rising prices

Green Car Congress

The US Energy Information Administration (EIA) expects US crude oil production to surpass 12.9 Non-OPEC production growth in the forecast is led by the United States, Brazil, Canada, Guyana, and Norway. EIA forecasts US regular gasoline prices will average about $3.63 In 2024, global production increases by 1.7

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