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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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EIA projects nearly 50% increase in world energy usage by 2050, led by growth in Asia

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EIA projects most of this growth will come from regions where the consumption of energy is driven by strong economic growth, particularly in non-OECD Asia. Other significant findings of IEO2019 include: Manufacturing centers are shifting toward Africa and South Asia, especially India, resulting in energy consumption growth in those regions.

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Primus Green Energy methanol plant project slated for 2017 in the Marcellus Region

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a gas-to-liquids (GTL) technology and commercial solutions company that transforms methane and other hydrocarbon gases into methanol and gasoline, plans to develop and deliver its 160MT/day methanol plant to a manufacturing site in the Marcellus shale region. Primus Green Energy Inc.,

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EIA: US exported record amounts of petroleum products in the first half of 2022

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US petroleum product exports increased in the first half of 2022 by 11% (596,000 b/d) compared with the first half of 2021—the fastest growth rate for that time period since 2017. US exports to Asia have grown rapidly in recent years as consumption of propane as a petrochemical feedstock and consumer demand have both increased.

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Asian Development Bank providing $300M towards replacing 100K gasoline trikes with E-Trikes in the Philippines; $300M for major road upgrades in Chhattisgarh, India

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The Asian Development Bank (ADB) is providing $300 million towards a project that will replace 100,000 gasoline-burning tricycles in the Philippines with electric tricycles, or E-Trikes. The project will run for five years, with an estimated completion date of December 2017. 300M to India’s Chhattisgarh State for major road upgrades.

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Lux: China, India lead Asian alternative fuels; targets likely will not be met

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billion gallons per year for 2020—but as total fuel demand explodes as well, ethanol will creep up to only 4% of gasoline in 2017, placing that target in doubt, according to Lux. India is betting on jatropha for biodiesel as it strives to meet a 20% biofuels mandate for 2017, but biofuels will account for less than 0.6%

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INFINITI to build five new models in China and electrify its portfolio

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The proprietary e-POWER technology features a small gasoline engine that charges a high-output battery, eliminating the need for an external charging source and providing the convenience of refueling with gasoline while offering the same driving experience as a pure EV. Earlier post.) DFL), China’s largest automotive joint venture.

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