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IHS Markit: US gasoline demand could be cut almost in half due to COVID-19

Green Car Congress

A sudden drop in miles traveled by car in the US triggered by wide-spread social isolation measures will have immediate ramifications for gasoline demand. during the global recession in 2008/2009. A faltering global auto market will have a big hit on sales of EVs. million units. million units, down by at least 15.3%

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Economic Impact Study Finds Grid-Enabled Vehicle Policies in Electrification Coalition Roadmap Would Result in Substantial Economic Benefit for US

Green Car Congress

By 2040, the report proposed, 75% of the light-duty vehicle miles traveled in the US should be electric miles. 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.

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

Green Car Congress

The oil sands’ GHG results do not necessarily represent the average or actual oil sands composition (i.e., the types and shares of oil sands-derived crudes) that would flow through the proposed pipeline. “.from times the length of the current proposal (1,384 miles), with nearly identical routes in Montana and South Dakota.

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US EIA Projects World Energy Use to Grow 44% Between 2006 and 2030, CO2 Emissions Up by 39%

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The current global economic downturn will dampen world energy demand in the near term, as manufacturing and consumer demand for goods and services slows. World oil prices have fallen sharply from their July 2008 high mark. The EIA notes that experience demonstrates that world oil prices can be extremely volatile.

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Perspective: US Needs to Transition to Hydrous Ethanol as the Primary Renewable Transportation Fuel

Green Car Congress

The oil price shocks of the 1970s led the Brazilian government to address the strain high prices were placing on its fragile economy. Brazil, the largest and most populous country in South America, was importing 80% of its oil and 40% of its foreign exchange was used to pay for that imported oil. by Brian J.

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EIA Energy Outlook 2011 more than doubles estimates of US shale gas resources; higher production at lower prices

Green Car Congress

After falling 3% in 2008 and nearly 7% in 2009, largely driven by the economic downturn, energy-related CO 2 emissions do not return to 2005 levels (5,980 million metric tons) until 2027. World oil prices rise in the Reference case, as the world economy recovers and pressure from growth in global demand continues.

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State Department releases Keystone XL Final Supplemental Environmental Impact Statement

Green Car Congress

The State Department released the long-anticipated and voluminous Final Supplemental Environmental Impact Statement (Final Supplemental EIS) for the proposed Keystone XL oil pipeline project. The document is posted on State’s Keystone project site , which it has run since the beginning of the Keystone XL Presidential permit process in 2008.

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