America Gasoline Global Oil Prices 
Green Car Congress
APRIL 13, 2023
Energy Information Administration (EIA) increased its forecast for the 2023 Brent crude oil price by 2.5% This change came after OPEC and its partner countries (OPEC+) announced crude oil production cuts for 2023. Despite OPEC+ announcing it would cut crude oil production by 1.2 from its previous forecast. gal and $3.70/gal
Green Car Congress
MARCH 13, 2015
Lest we be too quick to forget whence we came, America is now 9-months into lower gasoline prices, which started their swoon the week of June 30, 2015 from a lofty national average just under $3.70, tumbling almost every subsequent week before bottoming and bouncing from $2.02 by Thomas Miller for Oilprice.com.
Green Car Congress
DECEMBER 28, 2015
In its new Natural Gas Vehicles report, Navigant Research forecasts that global annual NGV sales—light-, medium- and heavy-duty—will grow 62.5% However, the collapse in global oil prices has eroded a significant portion of the natural gas cost advantage. million vehicles in 2015 to 3.9 million in 2025.
Green Car Congress
FEBRUARY 17, 2012
Pike Research forecasts that the global market for biofuels will more than double over the coming decade, increasing from $82.7 BGPY in 2011) would represent just 7% of the estimated global transportation fuels market in 2021. The Americas are projected to account for 71% of global biofuels production. billion by 2021.
Green Car Congress
JUNE 13, 2012
Oil remains the world’s leading fuel, but its 33.1% Global energy consumption grew by 2.5% Oil demand grew by less than 1%—the slowest rate amongst fossil fuels—while gas grew by 2.2%, and coal was the only fossil fuel with above average annual consumption growth at 5.4% globally, and 8.4% Source: BP.
Green Car Congress
FEBRUARY 3, 2015
IHS Automotive forecasts global automotive sales for 2015 to reach 88.6 North America. North America continues to be an impetus to global light vehicle demand levels. IHS Automotive projects regional light vehicle sales volume in North America to hit more than 20 million units in 2015, up 2.5% South America.
Green Car Congress
OCTOBER 13, 2011
Pike forecasts that the global market for biofuels will increase from $82.7 between 2017 and 2021, as a combination of higher oil prices, emerging mandate. Pike projects that the Americas will account for 71% of global biofuels production. billion in 2011 to $185.3 billion by 2021. A more robust growth is expected.
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