Remove 2017 Remove Asia Remove Gasoline Remove Oil Prices
article thumbnail

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

Green Car Congress

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. “

article thumbnail

IEA forecasts global oil demand to reach 101.6 mb/d in 2023; non-OECD countries lead expansion

Green Car Congress

While diesel cracks eased month-on-month in May, both jet fuel and gasoline cracks surged as demand picked up seasonally. Following nearly two years of declines, observed global oil inventories increased by 77 mb in April. mb below the 2017-2021 average. OECD industry stocks also rose, by 42.5 Runs are forecast to rise by 3.5

Oil 210
article thumbnail

EIA: China’s use of methanol in liquid fuels has grown rapidly since 2000; >500K bpd in 2016

Green Car Congress

Source: EIA and Argus Media group, China Methanol to Energy Study , January 2017. Methanol or its derivative products can be added to fuels such as gasoline and liquefied petroleum gases (LPG). Similar to how ethanol is currently blended into motor gasoline in the United States, methanol is blended into gasoline in China.

2000 150
article thumbnail

Saudis Expand Price War Downstream

Green Car Congress

With Saudi Arabia's refined fuel contributing to the global supply glut, what will be its impact on the refining markets especially those in Asia? The gross refining margin is nothing but the difference between the value of the refined products and price of the crude oil. How will Saudi Arabia Capture Market Share Downstream?

article thumbnail

Near-Term Prospects for Automotive Li-ion Batteries: 21% of Hybrid and EV Market by 2011

Green Car Congress

As one example of factors contributing to that decision, a survey of projected oil prices returned values between $30 and $250 a barrel, he said.). Anderman ran a series of net present value analyses based on a range of gasoline prices, fuel saved, and pack costs. By 2015, he suggests, full hybrids (e.g.,

Li-ion 150
article thumbnail

IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

Green Car Congress

Short-term pressures on oil markets are easing with the economic slowdown and the expected return of Libyan supply. But the average oil price remains high, approaching $120/barrel (in year-2010 dollars) in 2035. Oil and the Transport Sector: Reconfirming the End of Cheap Oil. Click to enlarge. Electric vehicles.

Oil 247