2019 Economy Fuel Economy Oil Prices 
Green Car Congress
APRIL 23, 2018
With economic growth robust and prices still under pressure, indications are that the current strong global refined product demand growth will continue through to end-2020, averaging 1.1 in both 2018 and 2019, respectively, due to convergence of robust economic activity in many markets around the world. —Spencer Welch.
Green Car Congress
DECEMBER 5, 2012
new appliance standards and CAFE) and changes in the way energy is used in the US economy. 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.
Green Car Congress
DECEMBER 16, 2013
The rising fuel economy of LDVs more than offsets the modest growth in VMT, resulting in a 25% decline in LDV energy consumption decline between 2012 and 2040 in the AEO2014 Reference case. T he Brent crude oil spot price declines from $112 per barrel (bbl) (in 2012 dollars) in 2012 to $92/bbl in 2017. per year, from 21.5
Green Car Congress
DECEMBER 17, 2010
The fuel economy standards are increased through model year 2020 to meet the statutory requirements of EISA2007. The AEO2011 Reference case does not include the proposed fuel economy standards for heavy-duty vehicles because the specifics of the new standards are not yet available. Imports of liquid fuels falls.
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