Green Car Congress

APRIL 11, 2017

In its latest Short-Term Energy Outlook (STEO), the US Energy Information Administration (EIA) projects that US crude oil production, which averaged an estimated 8.9 million b/d in 2017 and 9.9 For summer 2017, EIA forecasts motor gasoline consumption to average 9.5 million barrels per day (b/d) in 2016, will average 9.2

Gasoline 150

Gasoline Production Gasoline-Electric Oil 150

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. The United States has been a net importer of energy since the 1950s.

2020 150

2020 Energy Transportation Oil Prices 150

Green Car Congress

FEBRUARY 23, 2017

Source: EIA and Argus Media group, China Methanol to Energy Study , January 2017. Similar to how ethanol is currently blended into motor gasoline in the United States, methanol is blended into gasoline in China. However, concerns over groundwater contamination led an increasing number of states to ban it. Background.

2000 150

2000 2016 Fuel China 150

Green Car Congress

JULY 21, 2015

The agreement runs through 2024, with first delivery expected in 2017. In addition to reducing lifecycle carbon emissions, Red Rock’s production process will reduce the risk of devastating forest fires in the western United States by decreasing the amount of waste woody biomass in surrounding forests. Earlier post.).

Renewable 150

Renewable Supplies Fuel Oil Prices 150

Green Car Congress

MARCH 3, 2017

The oil majors reported poor earnings for the fourth quarter of last year, but many oil executives struck an optimistic tone about the road ahead. The collapse of oil prices forced the majors to slash spending on exploration, cut employees, defer projects, and look for efficiencies. per barrel.

Oil 150

Oil 2011 Oil Prices Chevron 150

Green Car Congress

MAY 24, 2012

Gt no later than 2017, i.e. just 1.0 India’s emissions rose by 140 Mt, or 8.7%, moving it ahead of Russia to become the fourth largest emitter behind China, the United States, and the European Union. Gt above 2011 levels. US emissions have now fallen by 430 Mt (7.7%) since 2006, the largest reduction of all countries or regions.

2011 230

2011 Global Emissions CO2 230

Green Car Congress

NOVEMBER 6, 2015

One casualty of the oil price downturn could be the megaproject. For years, as conventional oil reserves depleted and became increasingly hard to find, oil companies ventured into far-flung locales to find new sources of production. The collapse of oil prices, however, could kill off the megaproject.

Oil 150

Oil Oil-Sands Saudi Arabia Oil Prices 150

Green Car Congress

DECEMBER 15, 2016

The demo plant will be ramped up in the first half of 2017, with the goal of reaching performances close to commercial levels by the end of the year.

Global 150

Global Green Production Convert 150

Green Car Congress

NOVEMBER 12, 2012

The WEO finds that the extraordinary growth in oil and natural gas output in the United States will mean a sea-change in global energy flows. In the New Policies Scenario, the WEO ’s central scenario, the United States becomes a net exporter of natural gas by 2020 and is almost self-sufficient in energy, in net terms, by 2035.

Global 225

Global 2012 Energy Oil 225

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. The United States becomes a net exporter of natural gas earlier than estimated a year ago. Biofuels grow at a slower rate due to lower crude oil prices and. quadrillion Btu in 2011 to 14.0 than in AEO2012.

Fuel 225

Fuel Energy Sale 2013 225

Green Car Congress

JANUARY 23, 2012

Over the next 10 years, continued development of tight oil (e.g., shale oil) combined with the development of offshore Gulf of Mexico resources are projected to push domestic crude oil production to 6.7 World oil prices rise in the Reference case, as pressure from growth in global demand continues.

Oil 210

Oil 2005 Production 2010 210

Green Car Congress

AUGUST 25, 2015

OPEC next gathers December 4 in Vienna, just over a year since Saudi Oil Minister Ali Al-Naimi announced at the previous OPEC winter meeting the Saudi decision to let the oil market determine oil prices rather than to continue Saudi Arabia's role of guarantor of $100+/bbl oil. percent in 2016.

Saudi Arabia 150

Saudi Arabia Russia Oil 2015 150

Green Car Congress

DECEMBER 16, 2013

Energy consumption by light-duty vehicles in the United States, AEO2013 and AEO2014, 1995-2040 (quadrillion Btu). T he Brent crude oil spot price declines from $112 per barrel (bbl) (in 2012 dollars) in 2012 to $92/bbl in 2017. LDV energy consumption declines in AEO2014 Reference case from 16.0 Source: EIA.

Oil 290

Oil Light Energy Vehicles 290

Green Car Congress

FEBRUARY 7, 2009

Background colors of the cells represent the crude oil price required for economic feasibility. These synthetic fuels are economically competitive with petro-diesel when the crude oil price (COP) is at or above $86 per barrel (based on a 20% rate of return, in January 2008 dollars, with a carbon price of zero).

Carbon 186

Carbon Diesel Fuel Coal 186

Green Car Congress

OCTOBER 25, 2009

The expected influx of large amounts of alcohol-based fuels and fuels derived from unconventional petroleum over the next decade may cause long-term world oil prices to be between 5 and 12% lower than they would be in the absence of those fuels. million bpd.

MIT 250

MIT Oil-Sands Commercial Available 250

Green Car Congress

NOVEMBER 13, 2011

China consolidates its position as the world’s largest energy consumer: it consumes nearly 70% more energy than the United States by 2035, even though, by then, per capita demand in China is still less than half the level in the United States. Oil and the Transport Sector: Reconfirming the End of Cheap Oil.

Oil 247

Oil Transportation Cheap Fleet 247

Get Electric Vehicle

MAY 30, 2021

Newly found reservoirs of petroleum and crude oil decreased the oil price. The United States, China, Europe, and other major powers are engaged in a race. The main causes for the fall of Electric vehicles are considered to be, The introduction of Model-T by ford in 1912. Model T was cheaper and had more range.

Li-ion 52

Li-ion Lithium Ion Industrial Industry 52