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EIA AEO2015 projects elimination of net US energy imports in 2020-2030 timeframe; transportation energy consumption drops

Green Car Congress

The Annual Energy Outlook 2015 (AEO2015) released today by the US Energy Information Administration (EIA) projects that US energy imports and exports will come into balance—a first since the 1950s—because of continued oil and natural gas production growth and slow growth in energy demand. —EIA Administrator Adam Sieminski.

2020 150
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EIA: light duty vehicle energy consumption to drop 25% by 2040; increased oil production, vehicle efficiency reduce US oil and liquid imports

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LDV energy consumption declines in AEO2014 Reference case from 16.0 quadrillion Btu in 2040 in the AEO2013 Reference case. 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. Source: EIA.

Oil 290
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Norweign Drivers switch to Electric Cars

EV Report

Most people do know and feel that if we drive electric cars we could reduce the consumption of oil and could reduce pollution. Most people do know and feel that if we drive electric cars we could reduce the consumption of oil and could reduce pollution. million (360,000 of them being plug in hybrids).

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Comprehensive modeling study finds electric drive vehicle deployment has little observed effect on US system-wide emissions

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Fourth, CO 2 prices as high as 100 $/t do not provide sufficient incentive for vehicle electrification. Fourth, CO 2 prices as high as 100 $/t do not provide sufficient incentive for vehicle electrification. —Babaee et al.

Emissions 236