article thumbnail

EIA: Crude oil demand returns faster than supply, increasing prices and reducing inventories

Green Car Congress

The price of US benchmark West Texas Intermediate (WTI) crude oil is near its highest level since 2014, increasing rapidly from low prices in mid-2020 as demand returns faster than supply, according to the US Energy Information Administration (EIA). US crude oil inventories were 440.3 Crude oil inventories reached a recent low of 413.9

Oil 417
article thumbnail

BMWs to feature in-car intelligent personal assistant

Green Car Congress

The BMW Group is introducing the BMW Intelligent Personal Assistant—a new proprietary in-car AI assistant intended to enhance the BMW driving experience. BMW’s Intelligent Personal Assistant combines with the new BMW Operating System 7.0 BMW’s Intelligent Personal Assistant combines with the new BMW Operating System 7.0

Personal 199
article thumbnail

TNGA-based 2019 Toyota Avalon features new hybrid system

Green Car Congress

Underpinned by the Toyota New Global Architecture (TNGA) K Sedan platform, the 2019 Avalon is powered by two new TNGA powertrains: a punchy 3.5-liter 2019 Avalon Hybrid. Drive personality. TMMK) in Georgetown, Kentucky, respectively. liter V6 (2GR-FKS), and, a 2.5-liter Hybrid grades include XLE, Limited, and XSE.

2019 207
article thumbnail

Global Carbon Project: Global carbon emissions growth slows, but hits record high

Green Car Congress

Driven by rising natural gas and oil consumption, levels of CO 2 are expected to hit 37 billion metric tons this year, according to new estimates from the Global Carbon Project (GCP), an initiative led by Stanford University scientist Rob Jackson. In 2019, consumption of coal is expected to drop 11% in the U.S.—down

Carbon 195
article thumbnail

Personal: Chevy Volt—Still Electric After All These Years

Clean Fleet Report

Its second oil change was forced as part of the hand-over from the dealer. More Volt Stories from the Archives: Personal: Chevrolet Volt & Accell Charger. Road Test: 2019 Chevrolet Volt. The car has been nearly flawless. The only other visits to the dealer were for software updates that had minimal impact before or after.

Volt 52
article thumbnail

1 in 5 new car sales globally were EVs in 2023, and that’s curbed oil demand – IEA

Baua Electric

Clean energy’s impact over the last 5 years From 2019 to 2023, growth in clean energy was twice as large as that of fossil fuels. The growing number of EVs on the roads, accounting for 1 in 5 new car sales globally in 2023, also played a significant role in keeping oil demand (in terms of energy content) from rising above pre-pandemic levels.

Global 52
article thumbnail

Diesel and gasoline prices drop in early 2020, but diesel drops substantially less

Green Car Congress

Although both diesel and gasoline are made from oil, the trends in their prices do not always go in parallel. While personal driving (which uses primarily gasoline) is down greatly because of various stay-at-home mandates, commercial truck transport (which uses primarily diesel) has been substantially less affected. of 1.291).

Diesel 170