EIA Energy Outlook 2013 reference case sees drop in fossil fuel consumption as use of petroleum-based liquid fuels falls; projects 20% higher sales of hybrids and PHEVs than AEO2012
Green Car Congress
DECEMBER 5, 2012
Compared with the last AEO, the AEO2013 shows lower gasoline use, reflecting the introduction of more stringent corporate average fuel economy (CAFE) standards. Biofuels grow at a slower rate due to lower crude oil prices and. The share was 29% in 2007.). A shift to the use of Brent spot price as the reference oil price.
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