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Gas prices due to drop in 2024, as EVs plug into cleaner energy

Green Car Reports

The cost of gasoline and the carbon footprint of EVs could both fall in the new year. Energy Information Administration (EIA) expects combined electricity generation from solar and wind to exceed coal for the first time in 2024.

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Gas prices due to drop in 2024, as EVs plug into cleaner energy

Baua Electric

The cost of gasoline and the carbon footprint of EVs could both fall in the new year. Energy Information Administration (EIA) expects combined electricity generation from solar and wind to exceed coal for the first time in 2024. Gas prices, meanwhile, are expected to decrease in 2024. gas prices to average $3.38

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SoCalGas reduces CNG price by $0.26 per gallon at its fueling stations by using LCFS credits

Green Car Congress

SoCalGas) will lower the price of compressed natural gas at all of its 13 public access natural gas vehicle fueling stations by $0.26 Natural gas costs significantly less than gasoline or diesel per GGE. For example, the average pump price at utility compressed natural gas stations was $2.37 Southern California Gas Co.

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EVs will drive long-term electricity cost down, studies suggest

Baua Electric

EVs could help drive down electricity rates by better-utilizing grid infrastructure, according to three recent studies summarized by the American Council for an Energy-Efficient Economy (ACEEE), an energy-policy advocacy organization. That means lower prices per kwh. increase to a 1% decrease in electricity rates over 20 years.

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How the Electric Vehicle Revolution Is Changing the World

Clean Fleet Report

How the Electric Vehicle Revolution Is Changing the World Impacts Are Appearing All Over This article may contain affiliate links. From reducing emissions and preserving natural resources to enhancing energy security and creating new jobs, the electric vehicle (EV) revolution is changing how people live and work.

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EIA projects decline in transportation sector energy consumption through 2037 despite increase in VMT, followed by increase

Green Car Congress

EIA’s Annual Energy Outlook 2019 projects continued robust growth in US energy production, emergence of the United States as an energy exporter, and a cleaner S electric power generation mix. This growth arises from increases in air transportation outpacing increases in aircraft fuel efficiency. Other findings.

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Congressional Budget Office estimates US federal policies promoting EVs and other fuel-efficient vehicles will cost $7.5B through 2019; little or no impact on gasoline use and GHG in the short term

Green Car Congress

Tax credits and gasoline prices necessary for various electric vehicles to be cost-competitive with conventional vehicles at 2011 vehicle prices. The electric vehicles that are the focus of this study fall into two broad classes: plug-in hybrid electric vehicles and battery-electric vehicles.