article thumbnail

EIA: US crude oil exports reached record levels in 2020 and remain high in 2021

Green Car Congress

The four-week rolling average of US crude oil export volumes has not fallen below 2.00 million b/d during the past three years, despite the COVID-19 pandemic, which caused significant crude oil price drops, reduced demand, and reduced production in US and global oil markets. b lower than the Brent price.

Oil 418
article thumbnail

MIT/UC Davis professors challenge claims that ethanol production decreased gasoline prices in 2010 and 2011

Green Car Congress

Two professors from MIT and UC Davis have released a paper challenging the recent claims by the Renewable Fuel Association (RFA) and US Secretary of Agriculture Vilsack that ethanol production decreased gasoline prices by $0.89 in 2010 and 2011, respectively. It is strongly correlated with any trending variable.

Davis 334
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

IEA: Global CO2 emissions up by 1.0 Gt (3.2%) in 2011 to record high

Green Car Congress

gigatonnes (Gt) in 2011, according to preliminary estimates from the International Energy Agency (IEA). Coal accounted for 45% of total energy-related CO 2 emissions in 2011, followed by oil (35%) and natural gas (20%). Gt above 2011 levels. Gt above 2011 levels. In 2011, a 6.1% Gt on 2010, or 3.2%.

2011 230
article thumbnail

Global CO2 emissions up 3% in 2011; per capita CO2 emissions in China reach EU levels

Green Car Congress

At 3%, the 2011 increase in global CO 2 emissions is above the past decade’s average annual increase of 2.7%. savings stimulated by high oil prices led to a decrease of 3% in CO 2 emissions in the European Union and of 2% in both the United States and Japan. combined, where emissions increased by 9% and 6% respectively in 2011.

2011 236
article thumbnail

Forecast: global spending in 2011 on advanced oil and gas exploration technologies to total $10.17 billion

Green Car Congress

UK-based market analyst visiongain projects that global spending in 2011 on advanced oil & gas exploration technologies will total $10.17 visiongain’s Advanced Oil & Gas Exploration Technologies Market 2011-2021 report analyses the development of this market over the next ten years.

2011 199
article thumbnail

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

Green Car Congress

United States M&A activity for upstream oil and gas deals set records in 2011 for both deal values and deal counts, according to PLS, Inc., a provider of information, marketing and advisory services for the oil and gas industry. We expect continued strong activity in oil and liquids-rich resource plays in 2012.

El Paso 225
article thumbnail

EIA: Changes in refining economics in 2011 contributed to real contrasts in US refinery utilization

Green Car Congress

The divergence of West Texas Intermediate (WTI) and Brent crude oil prices in 2011 affected refinery utilization in the United States, particularly in the East Coast (PADD 1) and Midwest (PADD 2) regions, according to a report from the US Energy Information Administration (EIA). Source: EIA. Click to enlarge. PADDs 4 and 5.

2011 199