Green Car Congress
DECEMBER 22, 2020
The average annual price of gasoline has fluctuated greatly over the past several decades, but when adjusted for inflation (constant dollars), the price of gasoline in 2019 was only nine cents higher than in 1929, according to the US Department of Energy (DOE). The graph below shows the effect of the oil embargo in the early 1980s.
Green Car Congress
AUGUST 13, 2012
US gasoline consumption in the first quarter of 2012, which averaged about 8.5 However, EIA noted, the second quarter of 2012 shows some signs of higher consumption. However, EIA noted, the second quarter of 2012 shows some signs of higher consumption. US gasoline consumption peaked in 2007 at 9.3 Click to enlarge.
Green Car Congress
JUNE 27, 2014
In the US Energy Information Administration’s Annual Energy Outlook 2014 (AEO2014) Reference case, more-stringent vehicle fuel economy standards contribute to a decline in motor gasoline consumption through 2040. The Reference case projects an increase in VMT that, all else equal, would increase motor gasoline fuel consumption.
Green Car Congress
JULY 17, 2012
Knittel/Smith results for implied gasoline price effects from elimination of ethanol for 2010 using Du/Hayes model and pooled-sample estimates. Source: Knittel and Smith (2012). Because ethanol production increased smoothly during the sample period, statistical analysis with this variable is fraught with danger.
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 barrels per day (b/d) in 2016, will average 9.2
Green Car Congress
DECEMBER 13, 2013
EPA projects advanced transmissions (6+ speeds and CVTs), gasoline direct injection (GDI) systems, and turbocharged engines will be installed on at least 15% of all MY 2013 vehicles. The majority of the emissions and fuel savings from current vehicles, EPA noted, is due to new gasoline vehicle technologies. Click to enlarge.
Green Car Congress
MARCH 23, 2023
Supported by the company’s growing crude production in the Permian Basin, the project is the largest refinery expansion since 2012. This expansion is the equivalent of a medium-sized refinery and is a key part of our plans to provide society with reliable, affordable energy products. Earlier post.)
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