2009, Light, Oil Prices and Price

IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

Green Car Congress

FEBRUARY 3, 2015

over 2014, continuing an unbroken five-year run of sales recovery and growth from the low point set in the depth of the Great Recession in 2009. However, IHS Automotive analysts still expect light vehicle sales in China to grow by 7% in 2015 to 25.2 —Lin Huaibin, manager, China light vehicle sales forecast, IHS Automotive.

2015

2015 Light Market Global

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

Green Car Congress

MARCH 27, 2020

during the global recession in 2008/2009. million units for 2020, with light vehicle sales forecast to post 22.4 EVs also face another headwind with the low price of oil prices, making them less competitive in terms of fuel cost savings vis-à-vis their internal combustion engine counterparts.

Gasoline

Gasoline 2020 Gasoline-Electric 2008

EIA: world petroleum use sets record high in 2012 despite declines in North America and Europe

Green Car Congress

AUGUST 27, 2013

The world’s consumption of gasoline, diesel fuel, jet fuel, heating oil, and other petroleum products reached a record high of 88.9 In 2009, Asia surpassed North America as the world’s largest petroleum-consuming region as consumption rebounded from its 2008 decline. Year-on-year changes in petroleum consumption by region. Source: EIA.

North America

North America 2012 America Europe

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

Green Car Congress

DECEMBER 17, 2010

The Annual Energy Outlook 2011 (AEO2011) Reference case released yesterday by the US Energy Information Administration (EIA) more than doubles the technically recoverable US shale gas resources assumed in AEO2010 and added new shale oil resources. Beyond 2020, CAFE standards for both passenger cars and light-duty trucks are held constant.

Gas

Gas 2011 Price Energy

Study Finds That CO2 Standards for Vehicles Can Reduce Price of Oil

Green Car Congress

APRIL 10, 2009

A new study by the French institute Enerdata, commissioned by the European Federation for Transport & Environment (T&E), suggests that the European CO 2 standards for new vehicles due to come into effect in 2012 will lead not only to a European savings on oil (mainly via lower oil import volumes) but also to slightly lower global oil prices.

Oil

Oil Standards Price Oil Prices

Global biofuels production up 17% in 2010 to hit all-time high of 105 billion liters

Green Car Congress

AUGUST 31, 2011

Global production of biofuels increased 17% in 2010 to reach an all-time high of 105 billion liters (28 billion gallons US), up from 90 billion liters (24 billion gallons US) in 2009. of all global fuel for road transportation—an increase from 2% in 2009, according to the report. billion liters abroad, a 300% increase over 2009.

2010

2010 Brazil Global Argentina

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

Green Car Congress

JANUARY 1, 2011

” 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 DB’s Fall 2009 note, they had forecast 12% growth.

Transportation

Transportation Gasoline Lithium Ion Gasoline-Electric

US Vehicle Miles Traveled Increased 2% in June Year-on-Year

Green Car Congress

AUGUST 26, 2009

Based on preliminary reports from the State Highway Agencies, travel during June 2009 on all roads and streets in the nation increased by 2.0% (4.9 billion vehicle miles) in 2009, year-on-year. US traffic volumes started declining in November 2007 as oil prices rose and experienced dramatic drops in 2008.

Miles

Miles Vehicles Oil Prices 2009

EIA projects world energy use to increase 53% by 2035; oil sands/bitumen and biofuels account for 70% of the increase in unconventional liquid fuels

Green Car Congress

SEPTEMBER 20, 2011

World oil prices remain high in the IEO2011 Reference case, but oil consumption continues to grow; both conventional and unconventional liquid supplies are used to meet rising demand. In the IEO2011 Reference case the price of light sweet crude oil (in real 2009 dollars) remains high, reaching $125 per barrel in 2035.

Oil-Sands

Oil-Sands Oil 2008 Oil Prices

The Real Reason for USA based Economic Recessions.

DIY Electric Car

NOVEMBER 28, 2010

There have been 5 recession since then until now and I wanted to see if Oil had anything to do with them, because deep in my heart, I knew the most recent recession was directly caused by the oil price spikes that started in 2007 and peaked in 2008. For more information about the concept of Peak Oil please visit [link].

USA

USA Oil Prices Oil 2001

UC Berkeley Study Concludes Battery Switching Model Would Accelerate Mass-Market Adoption of Electric Cars; Baseline Scenario Projects EVs Reaching 64% of New LDV Sales in 2030

Green Car Congress

JULY 14, 2009

Becker (2009). In two other scenarios considered, a high oil price scenario (using EIA projections) and a battery swap operator-subsidzied scenario, EV new vehicle sales penetration reaches 85% and 86% respectively by 2030. lower on a per-mile basis than gasoline-powered cars, depending on the future price of oil.

Electric Cars

Electric Cars Batteries Battery Market

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

Green Car Congress

MAY 27, 2009

World marketed energy consumption is projected to grow by 44% between 2006 and 2030, driven by strong long-term economic growth in the developing nations of the world, according to the reference case projection from the International Energy Outlook 2009 ( IEO2009 ) released today by the US Energy Information Administration (EIA).

2006

2006 Emissions Energy Oil-Sands

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

Green Car Congress

FEBRUARY 25, 2010

In December 2009, Syncrude submitted an update report to the regulators further to the conditions for approval received for Aurora South in 1998. These growth plans would result in Syncrude broadening its production from the current light, sweet synthetic blend to a slate including heavy and sour blends. and Imperial Oil.

Oil-Sands

Oil-Sands Oil 2020 Canada

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

Green Car Congress

APRIL 9, 2010

The Electrification Coalition (EC) has released a long-term macroeconomic analysis of the policy proposals put forward in its November 2009 Electrification Roadmap ( earlier post ). By 2040, the report proposed, 75% of the light-duty vehicle miles traveled in the US should be electric miles. Global Demand for Oil.

Grid

Grid 2008 Vehicles Oil

Record $86B in 2011 US oil and gas upstream deals, led by unconventional sector with $62B

Green Car Congress

JANUARY 16, 2012

billion), up from eight deals in both 2010 and 2009. Looking forward, PLS and Derrick expect the market for oil and gas assets to continue at a healthy pace driven in part by onshore North America’s shale transformation from exploration, to appraisal to today’s development or “manufacturing process”.

El Paso

El Paso 2011 Oil Gas

NETL Report Concludes CTL Plus Carbon Capture Results in Fuel with 5-12% Less Lifecycle GHG Than Petroleum Diesel; Modest Biomass Additions Lower GHG Further

Green Car Congress

FEBRUARY 7, 2009

Background colors of the cells represent the crude oil price required for economic feasibility. 2009) Click to enlarge. According to the NETL report, the addition of CCS to CTL is relatively inexpensive, adding only 7 cents per gallon to the Required Selling Price (RSP) of the diesel product. Tarka et al. Tarka et al.

Carbon

Carbon Diesel Fuel Coal

Study Finds EVs Economically and Financially Viable in New South Wales, Australia Market Today

Green Car Congress

JANUARY 18, 2010

The total cost of ownership includes the vehicle price, annual fuel and maintenance costs and insurance. The report, Economic Viability of Electric Vehicles , was originally published in September 2009, and has been made available online. Future costs have been discounted at 7%. Source: AECOM. Click to enlarge.

Australia

Australia Market Plug-in Plug

MIT/RAND Study Concludes Three Types of Alternative Jet Fuel May Be Available in Commercial Quantities Over the Next Decade

Green Car Congress

OCTOBER 25, 2009

Production of commercial quantities of HRJ depends on the availability of appropriate feedstocks at competitive prices. For world crude oil prices in the range of $100 per barrel, this amounts to a price impact of roughly $5 to $13 per barrel. Alternative jet fuels will have a limited impact on fuel price volatility.

MIT

MIT Oil-Sands Commercial Available

Near-Term Prospects for Automotive Li-ion Batteries: 21% of Hybrid and EV Market by 2011

Green Car Congress

JUNE 16, 2009

In the near-term (2011), lithium-ion batteries could grow to represent about 21% of the hybrid and EV advanced battery market, according to Dr. Menahem Anderman, President of Advanced Automotive Batteries and the organizer of last week’s Advanced Automotive Battery Conference 2009. By 2015, he suggests, full hybrids (e.g., Click to enlarge.

Li-ion

Li-ion 2011 Market Hybrid

Andy Grove: The U.S. must create an electric car industry - Apr. 17, 2009

Tony Karrer Delicious EVdriven

APRIL 19, 2009

REDDIT STUMBLE UPON MYSPACE MIXX IT Paste this link into your favorite RSS desktop reader See all CNNMoney.com RSS FEEDS ( close ) By Andy Grove April 17, 2009: 9:30 AM ET The great electric car race High oil prices, green regs, and better batteries are behind the mad dash to create the ultimate electric automobile.

2009

2009 Industrial Industry Electric Cars

Mixed Outlook for Mainstream Consumer Adoption of PHEVs

Green Car Congress

FEBRUARY 14, 2009

Bubble chart of plausible mainstream PHEV buyers’ battery requirements (light and dark gray circles) and experts’s requirements overlaid on a Ragone plot of NiMH and Li-ion batteries. The net effect of correcting this problem will be pressure on purchase prices first and operating costs second. Source: Ken Kurani.

PHEV

PHEV Fuel Economy San Diego Climate Change

Interview with Chris Paine in the Whole Life Times

Revenge of the Electric Car

JANUARY 21, 2009

Paine was one of the first to lease a General Motors EV1 in 1997 — only to get the car wrenched away from him five years later when he took it in simply to get a brake light fixed. January 2009 | Conversations The Electric Car Returns (and This Time It’s Personal). But now, gas prices have fallen below $2 in some places.

EV1

EV1 Los Angeles Hydrogen GM

Chevron leveraging information technology to optimize thermal production of heavy oil with increased recovery and reduced costs

Green Car Congress

JUNE 23, 2011

Chevron, already the largest thermal heavy oil producer, is optimizing thermal production in heavy oil fields by leveraging information technology to improve the percentage recovery as well as the economics. Using thermal recovery processes in heavy oil reservoirs depends largely on.

Chevron

Chevron Oil Oil-Sands Production

IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

Green Car Congress

NOVEMBER 13, 2011

Although the recovery in the world economy since 2009 has been uneven, and future economic prospects remain uncertain, global primary energy demand rebounded by a remarkable 5% in 2010, pushing CO 2 emissions to a new high. Short-term pressures on oil markets are easing with the economic slowdown and the expected return of Libyan supply.

Oil

Oil Transportation Cheap Fleet

Nissan’s Big Gamble

Revenge of the Electric Car

JULY 14, 2009

The best thing about the Nissan is the expected price range of $25K- $34K. Hans Greimel Automotive News July 6, 2009 - 12:01 am ET. Pricing isn’t set. Oil vs. electrons. But Ghosn thinks rising oil prices will tilt the economics in favor of electrons. The drivability was similar to my RAV, but quicker.

Nissan

Nissan Japan United States Gasoline-Electric

Cleantech Blog: Smart Grids and Electric Vehicles

Tony Karrer Delicious EVdriven

APRIL 16, 2009

Blog Archive ▼ 2009 (52) ▼ April (6) Waxman-Markey and REDD BlogRoll Review: Space Beams, Leaded Batteries, an. Just as wireless service providers offer smartphones at discounted prices, Project Better Place will offer discounted electric vehicles with usage pricing plans. 2) Chevy Volt (2) China (2) ECOD3.SA

Grid

Grid Electric Vehicles Vehicles Oil-Sands

EV Driven

IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

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

EIA: world petroleum use sets record high in 2012 despite declines in North America and Europe

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

Study Finds That CO2 Standards for Vehicles Can Reduce Price of Oil

Global biofuels production up 17% in 2010 to hit all-time high of 105 billion liters

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

US Vehicle Miles Traveled Increased 2% in June Year-on-Year

EIA projects world energy use to increase 53% by 2035; oil sands/bitumen and biofuels account for 70% of the increase in unconventional liquid fuels

The Real Reason for USA based Economic Recessions.

UC Berkeley Study Concludes Battery Switching Model Would Accelerate Mass-Market Adoption of Electric Cars; Baseline Scenario Projects EVs Reaching 64% of New LDV Sales in 2030

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

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

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

Record $86B in 2011 US oil and gas upstream deals, led by unconventional sector with $62B

NETL Report Concludes CTL Plus Carbon Capture Results in Fuel with 5-12% Less Lifecycle GHG Than Petroleum Diesel; Modest Biomass Additions Lower GHG Further

Study Finds EVs Economically and Financially Viable in New South Wales, Australia Market Today

MIT/RAND Study Concludes Three Types of Alternative Jet Fuel May Be Available in Commercial Quantities Over the Next Decade

Near-Term Prospects for Automotive Li-ion Batteries: 21% of Hybrid and EV Market by 2011

Andy Grove: The U.S. must create an electric car industry - Apr. 17, 2009

Mixed Outlook for Mainstream Consumer Adoption of PHEVs

Interview with Chris Paine in the Whole Life Times

Chevron leveraging information technology to optimize thermal production of heavy oil with increased recovery and reduced costs

IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

Nissan’s Big Gamble

Cleantech Blog: Smart Grids and Electric Vehicles

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