article thumbnail

Deutsche Bank Forecast sees slower transportation electrification and greater gasoline demand near-term; increased confidence in the pace and breadth of long-term shift to efficient transportation systems

Green Car Congress

” Their analysis is in the context of the “ surprising [oil] demand strength of 2010 “; 2010 saw absolute incremental demand at around 2.2mb/d of growth—the second highest in 30 years, despite oil prices in the $90/bbl region. He also believes that sub-1.6L

article thumbnail

EIA Estimates 2.1% Growth in Fossil Fuel CO2 Emissions in US in 2010; Still Below 1999-2008 Levels

Green Car Congress

The forecast has the annual average regular grade retail gasoline price increasing from $2.35 in 2011, primarily because of projected rising crude oil prices. per-gallon decline in gasoline prices from the previous year. per-gallon average increase in gasoline prices over last summer. per gallon in 2009 to $2.84

2008 186
article thumbnail

Honda May Develop Plug-In as Obama Alters U.S. Policy (Update2) - Bloomberg.com

Tony Karrer Delicious EVdriven

Tax Credits Instead, Obama backed tax credits of as much as $7,500 inthe stimulus package approved in February for buyers of plug-incars. In July, itopened an assembly line in Japan to build its FCX Clarity. customers $600 a month to lease.Honda hasn’t revealed its production price. Oil prices are going to go up.

Obama 53
article thumbnail

Cleantech Blog: Smart Grids and Electric Vehicles

Tony Karrer Delicious EVdriven

The Three Prongs of the “Green&# Energy Stimulus Pa. Millions of EVs and PHEVs would expand the sale of electricity as an alternative to oil. Utilities could avoid building more dirty peaking power plants. The Appraisal 2010 Prius Delivers Record Mileage and Accelerates. 2) Chevy Volt (2) China (2) ECOD3.SA SZ (1) 6753.T

Grid 28
article thumbnail

Can Electric Vehicles Speed Up As The Economy Slows Down?

Wallbox

Moreover, with the massive drop in oil prices , gas-powered vehicles are more economical to operate, which makes it harder to argue that EVs will help drivers save money on fuel. billion to build over 450.000 charging stations. Consumers are shifting their preferences towards EVs.

Economy 52