Green Car Congress
JANUARY 11, 2023
EIA expects crude oil prices to decrease through 2023 and 2024, even as petroleum consumption increases, largely because growth in crude oil production in the United States and abroad will continue to increase over the next two years. Areas of uncertainty include Russian oil supply and OPEC production. per gallon in 2024.
Green Car Congress
SEPTEMBER 20, 2011
World oil prices remain high in the IEO2011 Reference case, but oil consumption continues to grow; both conventional and unconventional liquid supplies are used to meet rising demand. In the IEO2011 Reference case the price of light sweet crude oil (in real 2009 dollars) remains high, reaching $125 per barrel in 2035.
Green Car Congress
AUGUST 15, 2010
They also note that if the scale of analysis is that of the entire economy, the value commonly referenced for economy wide emissions is that oil sands constitute ~5% of Canada’s emissions. However, this only accounts for the processing that occurs in Canada and therefore excludes much of the refining and transport emissions.
Green Car Congress
OCTOBER 17, 2009
World production of fossil fuels—oil, coal, and natural gas—increased 2.9% million tons of oil equivalent (Mtoe) per day, according to a Worldwatch Institute analysis. Coal has led the growth in fossil fuel production. In 2000, coal provided 28% of the world’s fossil fuel energy production, compared with 45% for oil.
Green Car Congress
DECEMBER 16, 2013
Natural gas overtakes coal as the largest fuel for US electricity generation. Projected low prices for natural gas make it a very attractive fuel for new generating capacity. In some areas, natural gas-fired generation replaces power formerly supplied by coal and nuclear plants. Pipeline exports to Canada grow by 1.2%
Green Car Congress
JUNE 20, 2012
Bartis and RAND colleague Lawrence van Bibbe were the authors of a 2011 RAND report concluding that if the US military increased its use of alternative jet and naval fuels that can be produced from coal or various renewable resources, including seed oils, waste oils and algae, there would be no direct benefit to the nation’s armed forces.
Green Car Congress
FEBRUARY 3, 2010
The LCFS would essentially ban imports to California of fuels derived from unconventional sources such as oil sands from Canada, oil shale from the Western US, or domestic coal supplies that can be converted into transportation fuels. . — NPRA President Charles T.
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