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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. “ —Gabriel Collins.

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Nacero selects Topsoe’s TIGAS technology for gas-to-gasoline unit; reducing lifecycle carbon footprint up to 50%

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Nacero has licensed Topsoe TIGAS (Topsoe Improved Gasoline Synthesis) technology for its multi-billion USD natural-gas-to-gasoline facility in Penwell, Texas to produce 100,000 barrels per day of gasoline component ready for blending into US commercial grades. The captured CO 2 will be used for enhanced oil recovery.

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ExxonMobil starts up $2B Beaumont refinery expansion, adding 250k barrels per day capacity

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The BLADE (Beaumont Light Atmospheric Distillation Expansion) project built a third crude unit within the facility’s existing footprint to expand light crude oil refining. This expansion is the equivalent of a medium-sized refinery and is a key part of our plans to provide society with reliable, affordable energy products.

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Former president of Shell Oil calls for aggressive action on alternative fuels to break oil monopoly on transportation

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John Hofmeister, former President of Shell Oil Company and founder and CEO of Citizens for Affordable Energy (CFAE), is joining the Fuel Freedom Foundation (FFF) Advisory Board. CFAE’s mission is to educate citizens and government officials about pragmatic, non-partisan affordable energy solutions. “ It’s not going to happen.

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GM to introduce CNG-gasoline bi-fuel Chevrolet Impala in US next summer

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General Motors will build a Chevrolet Impala sedan for retail and fleet customers that operates on either gasoline or compressed natural gas (CNG), GM Chairman and CEO Dan Akerson announced today. The Chevrolet Impala bi-fuel sedan features a factory-engineered and fully warranted powertrain that switches seamlessly from CNG to gasoline.

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Tesla Model Y joins a new Police Force, and incentives made it an affordable purchase

Teslarati

Additional savings will be calculated over the life of the vehicle, as gas fill-ups, oil changes, and other points of maintenance that are present with combustion engine vehicles are inferior with the Model Y. The post Tesla Model Y joins a new Police Force, and incentives made it an affordable purchase appeared first on TESLARATI.

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Lux Research: despite cheap oil, niche plug-in vehicle sales will be resilient; conventional hybrids to be hardest hit

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The current plunge in oil prices will likely negatively affect plug-in and hybrid vehicle sales in the short term; automakers such as BMW are already warning of lower sales of plug-in vehicles given the market context. Anticipated price of oil and forecast plug-in sales. Lux on the price of oil. Source: Lux Research.

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