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Rhodium Group estimates US GHG emissions rose 1.3% in 2022

Green Car Congress

Despite efforts to continue stimulating the US economy in the wake of the pandemic, high inflation put a damper on economic growth, which was exacerbated by a spike in oil prices as a result of Russia’s invasion of Ukraine. Little change in transportation and industry. Consequently, the US economy grew 1.9% GDP increase in 2021.

Emissions 273
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GlobalData: COVID-19 puts EV sales and CO2 fleet emission targets at risk

Green Car Congress

GlobalData research shows that lower oil prices as a result of the COVID-19 crisis could reduce electric vehicle demand and impair EU efforts to significantly reduce average new vehicle CO 2 emissions in the European car market. However, the amount of time taken to make up that price differential depends on the cost of fuel.

CO2 353
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EIA AEO2015 projects elimination of net US energy imports in 2020-2030 timeframe; transportation energy consumption drops

Green Car Congress

AEO2015 presents updated projections for US energy markets through 2040 based on six cases (Reference, Low and High Economic Growth, Low and High Oil Price, and High Oil and Gas Resource) that reflect updated scenarios for future crude oil prices. trillion cubic feet (Tcf) in the Low Oil Price case to 13.1

2020 150
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EIA Energy Outlook 2013 reference case sees drop in fossil fuel consumption as use of petroleum-based liquid fuels falls; projects 20% higher sales of hybrids and PHEVs than AEO2012

Green Car Congress

Transportation sector gasoline demand declines. Sales of battery-powered electric vehicles are 65% lower in the AEO2013 Reference case than the year before, with annual sales in 2035 estimated to be about 119,000. Domestic oil production will rise to 7.5 Motor gasoline consumption will be less than previously estimated.

Fuel 225
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A Look at EV Charging Pricing Policy and Why It Matters

EV Connect

For many drivers there is a basic understanding of how traditional gasoline pricing functions: Oil prices based on availability and proximity in large part dictate how much a driver will pay at the pump. Pricing at a Glance Charging up your electric car at home sets a pricing baseline.

Price 52
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Multiple Trends Turning Slowly Against Oil, Says Rocky Mountain Institute

Green Car Reports

The cost of a barrel of oil is now just a fraction of what it was several years ago, and fuel prices have mostly fallen across the globe as a result. Oil prices rise and fall, but most industry analysts suggest that the emergence of North American production has loosened OPEC's ability to set prices unilaterally.

Oil 60
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Soon an Electric Vehicle Will Cost Less Than An IC Engine Vehicle !!!

Get Electric Vehicle

One of the main reasons which limit the mass adaption of electric cars or EVs is its price difference in comparison with its IC engine counterpart. At present, an electric vehicle costs 30% more than an IC engine-powered vehicle with similar specifications. The Reduction in Battery cost. Rays of Hope.