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Stanford, UC Santa Cruz study explores ramifications of demand-driven peak to conventional oil

Green Car Congress

In contrast to arguments that peak conventional oil production is imminent due to physical resource scarcity, a team from Stanford University and UC Santa Cruz has examined the alternative possibility of reduced oil use due to improved efficiency and oil substitution. 2010, to above 140 $/bbl in constant 2010 dollars).

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The Dirty Truth of Petrol & Diesel Vehicles

Plug In India

By PluginIndia In this article and video, we show the real truth on how Petrol and Diesel vehicles cause far more air pollution compared to electric vehicles. Diesel or petrol starts as oil, on average 1,798 meters below the surface of the earth. A great deal of oil is extracted using what is called a pumpjack.

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MIT and IEA reports take different views of the future of natural gas in transportation

Green Car Congress

On a life-cycle basis this advantage is reduced, the MIT report notes, because the GHG emissions in production and distribution, including methane leakage, are greater for natural gas than for oil products. million bpd of oil. MIT: leaning toward conversion for light-duty vehicles. These include short-range, heavy-duty vehicles (e.g.,

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EIA projects world liquid fuels use to rise 38% by 2040, driven by growth in Asia and Middle East; transportation 92% of demand

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Crude and lease condensate includes tight oil, shale oil, extra-heavy crude oil, field condensate, and bitumen (i.e., oil sands, either diluted or upgraded). Other liquids refer to natural gas plant liquids (NGPL), biofuels (including biomass-to-liquids [BTL]), gas-to-liquids (GTL), coal-to-liquids (CTL), kerogen (i.e.,

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