Remove 2017 Remove Gasoline Remove Light Remove Oil Prices
article thumbnail

API reports record US petroleum production in April: 10.543 million b/d; strongest April demand since 2007

Green Car Congress

The first four months of this year also saw US petroleum demand average 750,000 barrels a day above the same period in 2017 despite higher prices. above April 2017. Consumer gasoline demand, as measured by total motor gasoline deliveries, of 9.3 versus April 2017. versus April 2017. versus April 2017.

2007 259
article thumbnail

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

Green Car Congress

Energy consumption by light-duty vehicles in the United States, AEO2013 and AEO2014, 1995-2040 (quadrillion Btu). The fuel economy of gasoline-powered LDVs continues to increase, and advanced technology fuel efficiency subsystems are added, such as micro hybridization, which is installed on 42% of gasoline LDVs in 2040.

Oil 290
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. mb below the 2017-2021 average. North Sea Dated hit $127.9/bbl

Oil 210
article thumbnail

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

Green Car Congress

AEO2015 presents updated projections for US energy markets through 2040 based on six cases (Reference, Low and High Economic Growth, Low and High Oil Price, and High Oil and Gas Resource) that reflect updated scenarios for future crude oil prices. trillion cubic feet (Tcf) in the Low Oil Price case to 13.1

2020 150
article thumbnail

Study projects emission impacts of inexpensive, efficient EVs: 36% further reduction in LDV GHG by 2050, or 9% economy-wide

Green Car Congress

A new study by researchers at the University of Colorado at Boulder projects the emission impacts of the widespread introduction of inexpensive and efficient electric vehicles into the US light duty vehicle (LDV) sector. Among their findings: Gasoline vehicles dominate in the BAU scenario for the entire time horizon. Henze, and Jana B.

Emissions 150
article thumbnail

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

Green Car Congress

Transportation sector gasoline demand declines. Further, the fossil fuel share of primary energy consumption falls from 82% in 2011 to 78% in 2040 as consumption of petroleum-based liquid fuels falls, largely because of the incorporation of new fuel efficiency standards for light-duty vehicles. Domestic oil production will rise to 7.5

Fuel 225
article thumbnail

IHS Markit: shippers, refiners scrambling to respond to IMO signals on low-sulfur fuel enforcement

Green Car Congress

As of August 2017, approximately 360 ships had installed scrubbers. IHS Markit expects an unprecedented light-heavy crude oil price spread during 2020 to 2021, significantly affecting refinery feedstock costs. They produce the least amount of residual fuel oil and the highest amount of distillate and gasoline.

Fuel 170