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

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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. “

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Today’s Stunted Oil Prices Could Cause Oil Price Shock In 2020

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As oil prices remain unsteady and OPEC continues to make headlines every hour, the world is focused on oil’s immediate future. In a speech made at the Association of International Petroleum Negotiators’ 2017 International Petroleum Summit, Johnston laid out his concerns for the future of oil. oil may not be able to fill.

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CAR: US light-duty vehicle sales to dip in 2019

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US Light Vehicle Sales, 2015-2018, and CAR’s Forecast, 2019-2025. Solid new housing starts and home prices rebounding to pre-recession levels. Potential impact of trade negotiations with China, Japan, EU, and UK. CAR projects sales to rebound to 16.8 million units by 2022 and continue an upward trend through 2025.

2019 170
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IEA: global energy efficiency progress drops to slowest rate since start of decade

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in 2018, driven in large part by the People’s Republic of China, India and the United States, which were responsible for 70% of demand growth. in 2018—the slowest rate since 2010—according to Energy Efficiency 2019 , the IEA’s annual report on energy efficiency. Global primary energy demand rose by 2.3%

Global 150
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Roskill: Molybdenum demand to drop by more than 8% in 2020

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The molybdenum market enjoyed three years of growing demand between 2016 and 2018, but macroeconomic concerns and a slower steel market resulted in a 2.3% —an identical rate of growth as 2018. Other uses for molybdenum include catalysts for the petroleum industry, inks for circuit boards, pigments and electrodes.

2020 186
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IHS Markit: global commercial vehicle production to drop 22% in 2020 in wake of COVID-19

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China slowly gaining momentum after shutdown. Most commercial vehicle factories in mainland China have returned to production. The China policy response to assist the commercial-vehicle industry has been broad, with a variety of direct and indirect supports announced, locally and nationally.

2020 191
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Perspective: Toyota Prius Recall Is Only a Bump in the Road in the Move Toward Electrification

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Current lessons will not only help Toyota but the industry as a whole. Customers should find assurance that other industries, such as the aerospace industry, have made a similar transition and today’s modern planes have replaced mechanical aircraft controls with full electronic controls).

Prius 186