Remove 2008 Remove Available Remove Future Remove Oil Prices
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Economic Impact Study Finds Grid-Enabled Vehicle Policies in Electrification Coalition Roadmap Would Result in Substantial Economic Benefit for US

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By 2030, the typical US household’s annual income would rise by $2,763 (2008 dollars). trillion (2008 dollars) in aggregate income—money that can be saved or spent on other goods and services. Oil Imports. US crude oil and petroleum product imports would fall sharply, by 3.2 Global Demand for Oil.

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New UC Davis market-based sustainability forecasting approach concludes supplanting gasoline and diesel with renewable fuels could take 131 years

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We would expect that new reserves of conventional and unconventional oil may become available for exploration due to geological exploration and advances in oil extraction techniques or that extraction from less feasible oil fields becomes more economically attractive. —Deb Niemeier.

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IRENA report finds renewable power costs at parity or below fossil fuels in many parts of world

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The report, “ Renewable Power Generation Costs in 2014 ”, concludes that biomass, hydropower, geothermal and onshore wind are all competitive with or cheaper than coal, oil and gas-fired power stations, even without financial support and despite falling oil prices. kWh for fossil-fuel power plants.

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State Department issues Draft Supplemental Environmental Impact Statement on Keystone XL Pipeline: climate change impacts

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The DOS SEIS accordingly takes a detailed look at life-cycle greenhouse gas emissions of petroleum products from Western Canadian Sedimentary Basin (WCSB) oil sands crudes compared with reference crudes and the potential impact the pipeline might have on climate change as well as on the future development of the oils sands resource in Canada.

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Syncrude to Expand Its Oil Sands Synthetic Crude Output to 425,000 Barrels per Day by 2020

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Decisions regarding further upgrading capacity will be considered in the future in the context of evolving heavy/light crude oil price spreads. Marcel Coutu, Canadian Oil Sands’ President and CEO. Cost estimates for these expansion plans are not yet available. The plans are subject to regulatory approval.

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US National Research Council Report Finds Plug-in Hybrid Costs Likely to Remain High; Fleet Fuel Consumption and Carbon Emissions Benefits Will Be Modest for Decades

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Costs of light-duty plug-in hybrid electric vehicles (PHEVs) are high—largely due to their lithium-ion batteries—and unlikely to drastically decrease in the near future, according to a new report from the National Research Council (NRC). Click to enlarge. Click to enlarge.

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GAO Report Concludes Industry and Government Face Significant Challenges in Meeting RFS Target While Minimizing Unintended Adverse Effects; Suggests Federal Research Give Priority to Non-Ethanol Biofuels

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For example, while increasing demand for corn for ethanol contributed to higher corn prices, thereby providing economic incentive for some corn producers, they also increased feed costs for livestock producers. However, future movement toward cellulosic feedstocks could reduce some of these effects. Department or Agency-level) action.