Remove 2008 Remove Commercial Remove Oil Remove Oil Prices
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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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Canadian Oil Sands Trust, the largest stakeholder (36.74%) in the Syncrude oil sands project, announced plans to increase the synthetic crude oil production capacity at Syncrude Mildred Lake upgrader to 425,000 barrels per day by 2020 from 350,000 now. Marcel Coutu, Canadian Oil Sands’ President and CEO. and Imperial 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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In the paper, Nataliya Malyshkina and Deb Niemeier point out that the peak of oil production is estimated to occur approximately between 2010 and 2030, and note that all those dates are considerably earlier than their estimate of the time until renewable replacement technologies are viable in the market (around 2140).

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Deutsche Bank Forecast sees slower transportation electrification and greater gasoline demand near-term; increased confidence in the pace and breadth of long-term shift to efficient transportation systems

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” Their analysis is in the context of the “ surprising [oil] demand strength of 2010 “; 2010 saw absolute incremental demand at around 2.2mb/d of growth—the second highest in 30 years, despite oil prices in the $90/bbl region. In the US hybrids fell from about 3% of total sales in 2008-09 to 2.2%

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Perspective: Government Leadership Needed for Electric Vehicles to Succeed

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Jack Rosebro, founder of Perfect Sky in Los Angeles [and a contributor to Green Car Congress ], spoke of the need for government policy makers to move beyond incremental changes that are not providing enough incentive for the market to produce alternatives to oil as the almost exclusive source of energy for road and rail transportation.

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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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At this point, however, it is not clear what sorts of breakthroughs might become commercially viable. Gasoline use for PHEV-10s and PHEV-40s introduced at the Maximum Practical rate and the Efficiency Case from the 2008 Hydrogen Report. It is possible that breakthroughs in battery technology will greatly lower the cost.

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Virent Receives Presidential Green Chemistry Challenge Award for BioForming Process to Produce Biohydrocarbon Fuels

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Preliminary analysis suggests that Virent’s BioForming process can compete economically with petroleum-based fuels and chemicals at crude oil prices of $60 a barrel. The BioForming platform is near commercialization. Also in 2008, Shell and Virent announced their collaboration.

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Heard At The Show: Snippets from SAE 2009 World Congress

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How did the high fuel prices impact customer behavior in 2008? Skalny, Director, US Army TARDEC shared the following insights on fuel usage within the Department of Defense (DOD): Every $10/barrel increase in oil prices adds $1.3 The cells make up the remainder. Department of Defense and Fuel Economy. —Bill Cooke.

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