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EIA: US summer gasoline demand expected to be at 11-year low, prices at record high

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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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Annual Increase in Global CO2 Emissions Halved in 2008; Decrease in Fossil Oil Consumption, Increase in Renewables Share

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Global CO 2 emissions from fuel use and cement production by region. In addition to high oil prices and the financial crisis, the increased use of new renewable energy sources, such as biofuels for road transport and wind energy for electricity generation, had a noticeable and mitigating impact on CO 2 emissions. Source: PBL.

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