Green Car Congress
MAY 3, 2020
Second, they estimated fuel savings using the FHWA data on vehicle miles, fuel use and miles per gallon (mpg). gasoline demand would have put upward pressure on world oil prices. Two indirect effects were considered. First, had fuel economy not improved, the higher level of U.S. Greene, Charles B. 2020.111517.
Green Car Congress
AUGUST 24, 2018
The US Energy Information Administration (EIA) August Short-Term Energy Outlook (STEO) forecasts that US crude oil production will average 10.7 million barrels per day (b/d) in 2018 and 11.7 Source: US Energy Information Administration, Short-Term Energy Outlook, August 2018. million b/d in 2018 and 3.9 million b/d.
EV Report
APRIL 30, 2020
In comparison, in 2018 US and China had a total combined sales of 1.2 But recently due to outbreak of COVID-19, sales of electric vehicles have been affected with the consumer markets being shaken and oil prices being plunged to high. This has been the trend for the last 30 years. So how did this happen?
Green Car Congress
DECEMBER 16, 2013
As a result, annual increases in vehicle miles traveled (VMT) in LDVs average 0.9% Personal air travel (billion seat-miles) grows by an average of 0.7% This resulted in the significantly lower level of VMT growth after 2018 compared with AEO2013. from 2012 to 2040, compared to 1.2% per year over the same period in AEO2013.
Green Car Congress
JULY 4, 2009
This performance, Winterkorn said, “ is no reason for euphoria ” but shows that the Volkswagen group—which comprises nine automotive brands—is staying on course, and shows that its strategy to 2018 is on the right track. The perspective of rising oil prices is a turboboost for a change in customer behavior, he said.
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