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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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EIA projects nearly 50% increase in world energy usage by 2050, led by growth in Asia

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EIA projects most of this growth will come from regions where the consumption of energy is driven by strong economic growth, particularly in non-OECD Asia. This long-term trend of Asian energy consumption to support growing economies strongly influences the extraction, refining, and transport of oil, natural gas, and other fuels.

Asia 220
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ExxonMobil: diesel will surpass gasoline as the number one global transportation fuel by 2020

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Transportation fuel mix in millions of oil-equivalent barrels through 2020. Diesel will surpass gasoline as the number one transportation fuel worldwide by 2020 and continue to increase its share through 2040, according to ExxonMobil’s recently published Outlook For Energy: A View To 2040. Source: ExxonMobil Outlook. Click to enlarge.

Gasoline 383
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IEA: record oil output from US, Brazil, Canada and Norway to keep global markets well supplied

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Oil production growth from the United States, Brazil, Canada and Norway can keep the world well supplied, more than meeting global oil demand growth through 2020, but more investment will be needed to boost output after that, according to the International Energy Agency’s latest annual report on oil markets.

Brazil 218
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BNEF: net-zero road transport by 2050 still possible, but big push needed

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The road transport sector could still reach net-zero emissions by 2050 through electrification, but urgent action would be required from policymakers and industry participants, according to research company BloombergNEF’s (BNEF) latest annual Long-Term Electric Vehicle Outlook (EVO). million barrels of oil demand per day.

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Small-displacement two-stroke H2 engine could address performance and emissions cost-effectively for recreational market; potential for Asian motor vehicle fleet

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Comparison of brake thermal efficiency and specific fuel consumption at rated power (ICOMIA Mode 5), hydrogen vs. gasoline engines. This is due to raw, externally premixed fresh charge comprising air, fuel and lube oil being short-circuited into the exhaust during the scavenging process. Oh and Plante. Click to enlarge. g/kWh with a 3.3%

Engine 329
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Navigant forecasts global road transportation energy consumption to increase 25% by 2035; 84% from conventional fuels

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Most developed countries in Western Europe and parts of Asia Pacific will also exhibit similar decreases in energy consumption. In contrast, energy consumption will grow in developing regions, particularly in Eastern Europe, Asia Pacific, Latin America, and the Middle East & Africa. Electric (Battery) Forecasts Fuels Hydrogen'