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Deutsche Bank Forecast sees slower transportation electrification and greater gasoline demand near-term; increased confidence in the pace and breadth of long-term shift to efficient transportation systems

Green Car Congress

” Their analysis is in the context of the “ surprising [oil] demand strength of 2010 “; 2010 saw absolute incremental demand at around 2.2mb/d of growth—the second highest in 30 years, despite oil prices in the $90/bbl region. An explosion of hybrid sales in Japan.

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Heard At The Show: Snippets from SAE 2009 World Congress

Green Car Congress

How did the high fuel prices impact customer behavior in 2008? In this country a lot of the new cars are purchased by higher income households and a typical modest income household is driving a used car.The typical American that is buying a new car, which costs on average $28,000, isn’t currently driving a car that costs $2,000.

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