Green Car Congress

APRIL 14, 2015

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

2020 Energy Transportation Oil Prices 150

Green Car Congress

DECEMBER 5, 2012

quadrillion Btu in 2025, due to incorporation of the model year 2017 to 2025 GHG and CAFE standards for LDVs. Biofuels grow at a slower rate due to lower crude oil prices and. After 2015, the Brent price increases, reaching $163 per barrel in 2040, as growing demand leads to the development of more costly resources.

Fuel 225

Fuel Energy Sale 2013 225

Green Car Congress

DECEMBER 16, 2013

Some other key findings of the AEO2014 Reference case include: Low natural gas prices boost natural gas-intensive industries. Industrial shipments are expected to grow at 3.0% Bulk chemicals and metals-based durables account for much of the increased growth in industrial shipments. per year, from 21.5 l/100 km) in 2040.

Oil 290

Oil Light Energy Vehicles 290

Green Car Congress

JUNE 16, 2009

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.). The industry does not need a 2011 version of “Who Killed the Electric Car”. Energy density, cost, life and reliability—safety—are still big challenges.

Li-ion 150

Li-ion 2011 Market Hybrid 150