2012, Gasoline-Electric, Oil Prices and Production

BNEF: Oil price plunge to have only moderate impact on low-carbon electricity development, but likely to slow EV growth

Green Car Congress

DECEMBER 22, 2014

The collapse in world oil prices in the second half of 2014 will have only a moderate impact on the fast-developing low-carbon transition in the world electricity system, according to research firm Bloomberg New Energy Finance. However, the slump in the Brent crude price per barrel from $112.36 on 30 June to $61.60

Oil Prices

Oil Prices Oil Price Carbon

EIA STEO projects higher US crude production, increases in travel and gasoline demand

Green Car Congress

APRIL 11, 2017

In its latest Short-Term Energy Outlook (STEO), the US Energy Information Administration (EIA) projects that US crude oil production, which averaged an estimated 8.9 For summer 2017, EIA forecasts motor gasoline consumption to average 9.5 of total gasoline consumption. million b/d in 2017 and 9.9 million b/d in 2018.

Gasoline

Gasoline Production Gasoline-Electric Oil

EIA: light duty vehicle energy consumption to drop 25% by 2040; increased oil production, vehicle efficiency reduce US oil and liquid imports

Green Car Congress

DECEMBER 16, 2013

quadrillion Btu in 2012 to 12.1 from 2012 to 2040, compared to 1.2% The rising fuel economy of LDVs more than offsets the modest growth in VMT, resulting in a 25% decline in LDV energy consumption decline between 2012 and 2040 in the AEO2014 Reference case. l/100 km) in 2012 to 37.2 l/100 km) in 2012 to 37.2

Oil

Oil Light Energy Vehicles

BP Statistical Review finds global oil share down for 12th year in a row, coal share up to highest level since 1969; renewables at 2%

Green Car Congress

JUNE 13, 2012

seen in 2010, according to the newly released BP Statistical Review of World Energy, 2012. The “Arab Spring” affected oil and gas supplies—most notably the complete, albeit temporary, loss of Libyan supply—while the tragic Fukushima accident in Japan had knock-on effects for nuclear and other energy sources around the world.

Coal

Coal Oil Renewable Saudi Arabia

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

Green Car Congress

DECEMBER 17, 2010

This larger resource leads to about double the shale gas production and more than 20% higher total lower-48 natural gas production in 2035, with lower natural gas prices, than was projected in the AEO2010 Reference case. In 2035, the average real price of crude oil in the Reference case is $125 per barrel in 2009 dollars.

Gas

Gas 2011 Price Energy

EIA Energy Outlook 2013 reference case sees drop in fossil fuel consumption as use of petroleum-based liquid fuels falls; projects 20% higher sales of hybrids and PHEVs than AEO2012

Green Car Congress

DECEMBER 5, 2012

Transportation sector gasoline demand declines. The US Energy Information Administration released its Annual Energy Outlook 2013 (AEO2013) Reference case (the Early Release ), which highlights a growth in total US energy production that exceeds growth in total US energy consumption through 2040. Domestic oil production will rise to 7.5

Fuel

Fuel Energy Sale 2013

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

Green Car Congress

MARCH 2, 2013

The US Department of State (DOS) has released its Draft Supplemental Environmental Impact Statement (SEIS) in response to TransCanada’s May 2012 application for the Keystone XL pipeline that would run from Canada’s oils sands in Alberta to Nebraska. Source: Draft SEIS. Click to enlarge. Earlier post.) Greenhouse gas LCA analysis.

Climate Change

Climate Change Oil-Sands Nebraska Climate

Volkswagen Group invested €11.5B (US$12.9B) in R&D in 2014; ongoing focus on electromobility and digitalization of vehicles

Green Car Congress

MARCH 2, 2015

The Group already offers the widest range of electromobility solutions in the automotive industry as well, with nine battery-electric vehicles and plug-in hybrids. Winterkorn also emphasized that Volkswagen remains committed to its environmental goals, and noted that the present low level of oil prices would not change that.

2014

2014 Vehicles Automobile Climate

State Department releases Keystone XL Final Supplemental Environmental Impact Statement

Green Car Congress

FEBRUARY 1, 2014

The earlier 2011 Final EIS was developed contemporaneously with the start of strong growth in domestic light crude oil supply from tight oil formations, such as those formations found in North Dakota’s Bakken region. Domestic production of crude oil has increased significantly, from approximately 5.5

Oil-Sands

Oil-Sands Nebraska Oil Montana

National Low Carbon Fuel Standard study releases major Technical Analysis and Policy Design reports; providing a scientific basis for policy decisions

Green Car Congress

JULY 19, 2012

Very broadly, they found that an LCFS would buffer the economy against global oil price spikes, trim demand for petroleum, and lessen upward pressure on gas prices. Set a target of reducing the carbon intensity of gasoline and diesel by 10 to 15 percent by 2030. Create separate fuel pools for gasoline and diesel.

Carbon

Carbon Oil-Sands Standards Design

Li-ion Reserve in the World: How it Revolutionised the EV Industry

Get Electric Vehicle

MAY 30, 2021

Many of us are not aware of the glorious past electric vehicles once had in the 19th century. Electric vehicles were the primary mode of transportation for short-distance travels were loved by all types of people. The period between 1881 and the early 1920s was considered to be the golden era for electric vehicles.

Li-ion

Li-ion Lithium Ion Industrial Industry

Nissan’s Big Gamble

Revenge of the Electric Car

JULY 14, 2009

CEO Carlos Ghosn is spending big money to make electric vehicles in high volumes — and soon. 2, Ghosn will unveil the first of three electric models in three vehicle segments that he plans to sell by 2013. Nissan is not alone in going electric. maker of Subaru cars, began leasing electric cars in Japan. .

Nissan

Nissan Japan United States Gasoline-Electric

EV Driven

BNEF: Oil price plunge to have only moderate impact on low-carbon electricity development, but likely to slow EV growth

EIA STEO projects higher US crude production, increases in travel and gasoline demand

EIA: light duty vehicle energy consumption to drop 25% by 2040; increased oil production, vehicle efficiency reduce US oil and liquid imports

BP Statistical Review finds global oil share down for 12th year in a row, coal share up to highest level since 1969; renewables at 2%

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

EIA Energy Outlook 2013 reference case sees drop in fossil fuel consumption as use of petroleum-based liquid fuels falls; projects 20% higher sales of hybrids and PHEVs than AEO2012

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

Volkswagen Group invested €11.5B (US$12.9B) in R&D in 2014; ongoing focus on electromobility and digitalization of vehicles

State Department releases Keystone XL Final Supplemental Environmental Impact Statement

National Low Carbon Fuel Standard study releases major Technical Analysis and Policy Design reports; providing a scientific basis for policy decisions

Li-ion Reserve in the World: How it Revolutionised the EV Industry

Nissan’s Big Gamble

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