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Report suggests low-speed electric vehicles could affect Chinese demand for gasoline and disrupt oil prices worldwide

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Low-speed electric vehicles (LSEVs) could reduce China’s demand for gasoline and, in turn, impact global oil prices, according to a new issue brief by an expert in the Center for Energy Studies at Rice University’s Baker Institute for Public Policy. “ million of them—roughly 30% more units than conventional electric vehicle makers did.

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How crude-oil prices influence gasoline prices

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Gasoline is one of the products refined from crude oil. Thus, the price of crude oil should have a strong influence on the price of gasoline. However, the retail price of gasoline includes other costs as well. Gasoline prices are also influenced by gasoline demand relative to gasoline supply.

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ExxonMobil to expand ultra-low sulfur gasoline fuels production at Beaumont Refinery; SCANfining

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ExxonMobil will increase production of ultra-low sulfur fuels at its Beaumont, Texas refinery by approximately 40,000 barrels per day, further strengthening its integrated downstream portfolio while meeting environmental standards. Startup of the flexible technology is expected in 2018. million barrels per day of capacity.

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US demand for petroleum, gasoline rose in January; highest January deliveries since 2008

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Total motor gasoline deliveries, a measure of consumer gasoline demand, rose 1.4% Texas continued with high production, posting the highest ever January production. Production of all four major products–gasoline, distillate, jet fuel and residual fuels—was higher than demand for those products. At nearly 3.6 At nearly 3.6

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EPA announces 2016 Presidential Green Chemistry Challenge Award winners

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CB&I, The Woodlands, Texas and Albemarle are being recognized for developing and commercializing safer technology to produce alkylate, a clean gasoline component produced at about 30 billion gallons per year, 60% of which is produced in North America.

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CMU county-level study shows plug-ins have larger or smaller lifecycle GHG than gasoline ICE depending on regional factors

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A US-wide county-level study comparing lifecycle greenhouse gas (GHG) emissions from several light-duty passenger gasoline and plug-in electric vehicles (PEVs) has found that PEVs can have larger or smaller carbon footprints than gasoline vehicles depending on regional factors and the specific vehicle models being compared.

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EIA: Supply disruptions and increasing demand boosted US petroleum product imports in March

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Petroleum product imports received in the East Coast in March reached their highest level since May 2011 and were 54% higher than the five-year (2016–2020) average for March. US gasoline consumption increased to 8.6 The US average regular gasoline retail price increased nearly 1 cent to $3.03 million b/d. million b/d.

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