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Navigant forecasts global annual natural gas vehicle sales to reach 3.9M in 2025, up 62.5% from 2015

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In its new Natural Gas Vehicles report, Navigant Research forecasts that global annual NGV sales—light-, medium- and heavy-duty—will grow 62.5% Navigant forecasts that the number of light-duty NGVs on the world’s roads will double by 2025 to 39.6 million vehicles in 2015 to 3.9 million in 2025. million, accounting for 2.6%

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EIA projects world energy use to increase 53% by 2035; oil sands/bitumen and biofuels account for 70% of the increase in unconventional liquid fuels

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Unconventional liquids become increasingly important in the total supply of liquid fuels, according to IEO2011. 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. Click to enlarge.

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IHS Markit: 2020 low-sulfur requirements for marine bunker fuels causing scramble for refiners and shippers

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Refiners will experience significant price impacts as they shift production to deliver more lower-sulfur fuels to the market and, at the same time, find a market for the higher-sulfur fuels they produce. IHS Markit expects an unprecedented light-heavy price spread during 2020 to 2021. —Kurt Barrow.

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IHS Markit: shippers, refiners scrambling to respond to IMO signals on low-sulfur fuel enforcement

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Refineries, like ships, do not turn on a dime, so it takes significant investment and market demand to retool a refinery to deliver new supply. IHS Markit expects an unprecedented light-heavy crude oil price spread during 2020 to 2021, significantly affecting refinery feedstock costs. —Kurt Barrow.

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The Real Reason for USA based Economic Recessions.

DIY Electric Car

There have been 5 recession since then until now and I wanted to see if Oil had anything to do with them, because deep in my heart, I knew the most recent recession was directly caused by the oil price spikes that started in 2007 and peaked in 2008. This increase in oil prices again pushed the economy into a recession.

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Study projects emission impacts of inexpensive, efficient EVs: 36% further reduction in LDV GHG by 2050, or 9% economy-wide

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A new study by researchers at the University of Colorado at Boulder projects the emission impacts of the widespread introduction of inexpensive and efficient electric vehicles into the US light duty vehicle (LDV) sector. output of mining or importing technologies) to conversion or process technologies (e.g.,

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Inaugural Quadrennial Technology Review report concludes DOE is underinvested in transport; greatest efforts to go to electrification

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The DOE-QTR defines six key strategies: increase vehicle efficiency; electrification of the light duty fleet; deploy alternative fuels; increase building and industrial efficiency; modernize the electrical grid; and deploy clean electricity. DOE’s most significant role in transport research is here.