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EIA: light duty vehicle energy consumption to drop 25% by 2040; increased oil production, vehicle efficiency reduce US oil and liquid imports

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The rising fuel economy of LDVs more than offsets the modest growth in VMT, resulting in a 25% decline in LDV energy consumption decline between 2012 and 2040 in the AEO2014 Reference case. Domestic crude oil production increases sharply in the AEO2014 Reference case, with annual growth averaging 0.8 per year, from 21.5

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

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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. —Brandt et al.

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

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For the Transportation sector, EIA projects that energy consumption will decline between 2019 and 2037 (in the Reference case) because increases in fuel economy more than offset growth in vehicle miles traveled (VMT). However, US coal shipments, which are primarily via rail, decline slightly. trillion miles in 2018 to 3.5

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Obama climate plan calls for new fuel economy standards for heavy-duty vehicles post-2018; cleaner fuels and investment in advanced fossil energy

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Among the transportation-related elements of US President Barack Obama’s new climate action plan, which he is outlining today in a speech at Georgetown University, is the development of new fuel economy standards for heavy-duty vehicles post-2018. Earlier post.). Other efforts will include: Natural Gas. Energy Efficiency.

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BP Energy Outlook: 30% growth in global demand to 2035; fuel demand continues to rise, even with EVs & fuel efficiency

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While non-fossil fuels are expected to account for half of the growth in energy supplies over the next 20 years, the Outlook projects that oil and gas, together with coal, will remain the main source of energy powering the world economy, accounting for more than 75% of total energy supply in 2035, compared with 86% in 2015.

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ExxonMobil projects 25% energy demand increase between 2014-2040, 50% decline in carbon intensity; hybrids to be 40% of new car sales

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ExxonMobil expects natural gas is expected to meet about 40% of the growth in global energy needs; demand for the fuel will increase by 50%. Nuclear and renewable energy sources—including bio-energy, hydro, geothermal, wind, and solar—are also likely to account for nearly 40% of the growth in global energy demand by 2040.

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ExxonMobil Outlook: 35% growth in energy demand by 2040; hybrids to account for ~50% of new vehicle sales

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However, fuel demand will plateau and gradually decline as consumers turn to smaller, lighter vehicles and technologies improve fuel economy. This unprecedented improvement in global fuel economy is expected to reflect a surge in hybrid vehicle sales. Transportation fuels. liters per 100 km) in 2010.

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