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IEA: key oil trends 2018

Green Car Congress

Total OECD annual production of crude oil, natural gas liquids (NGL), and refinery feedstocks increased by 10.3% in 2018 compared to 2017, reaching a record total monthly production of over 100 million tons at the beginning of the year and remaining above this for almost all of 2018, according to the IEA.

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IC Bus fulfills largest propane bus order to date

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Purpose-built for the school bus industry, the CE Series with PSI propane engine is designed to provide diesel-like performance with higher torque at lower engine speeds. Minimal revving reduces engine wear, oil usage and maintenance, while increasing durability and efficiency.

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DOE to award up to $13M to four advanced biofuels projects

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The US Department of Energy (DOE) has selected four research and development projects designed to bring next-generation biofuels on line faster and to drive down the cost of producing gasoline, diesel, and jet fuels from biomass. University of Oklahoma (up to $4 million). Oak Ridge National Laboratory (up to $2.1

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EIA Energy Outlook 2013 reference case sees drop in fossil fuel consumption as use of petroleum-based liquid fuels falls; projects 20% higher sales of hybrids and PHEVs than AEO2012

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quadrillion Btu in 2025, due to incorporation of the model year 2017 to 2025 GHG and CAFE standards for LDVs. Although about one-half of new LDV sales in 2040 use diesel, alternative fuels, or hybrid technology, only a small share, less than 1%, are all-electric. Domestic oil production will rise to 7.5 Overall findings.

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