article thumbnail

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

Green Car Congress

during the global recession in 2008/2009. 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. A fall of 12% for 2020 would be considerably worse than the two-year peak-to-trough decline of 8.0%

Gasoline 269
article thumbnail

Heard At The Show: Snippets from SAE 2009 World Congress

Green Car Congress

Personal mobility redefined. 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 Aluminum takes more energy to produce but this is more than offset by improved vehicle performance. kg) of aluminum used.

Congress 150
article thumbnail

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

Green Car Congress

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 150
article thumbnail

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

Green Car Congress

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. quadrillion Btu in 2009 to 31.8 quadrillion Btu in 2009 to 18.4

Gas 199
article thumbnail

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

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. Becker (2009). Becker (2009). EV penetration with a battery swap model in three scenarios.

article thumbnail

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

Green Car Congress

Virent Energy Systems is receiving one of five 2009 Presidential Green Chemistry Challenge Awards (Small Business Award) for its BioForming process—a water-based, catalytic method to make gasoline, diesel, or jet fuel from the sugar, starch, or cellulose of plants that requires little external energy other than the plant biomass.

Green 150
article thumbnail

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

Green Car Congress

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 ). Oil Imports. US crude oil and petroleum product imports would fall sharply, by 3.2 billion fewer barrels of foreign oil. Click to enlarge.

Grid 186