Green Car Congress

MAY 24, 2022

On 16 May 2022, the average US on-highway retail diesel fuel price was $5.61 Although retail diesel prices have increased across the entire United States, prices in the Northeast have increased the most and are now among the highest in the country. On 16 May, the average retail diesel price was $6.43/gal

Diesel 259

Diesel Price California Philadelphia 259

Green Car Congress

DECEMBER 22, 2014

The collapse in world oil prices in the second half of 2014 will have only a moderate impact on the fast-developing low-carbon transition in the world electricity system, according to research firm Bloomberg New Energy Finance. However, the slump in the Brent crude price per barrel from $112.36 on 30 June to $61.60

Oil Prices 268

Oil Prices Oil Price Carbon 268

Green Car Congress

JUNE 18, 2022

The IEA June 2022 Oil Market Report (OMR) forecasts world oil demand to reach 101.6 While higher prices and a weaker economic outlook are moderating consumption increases, a resurgent China will drive gains next year, with growth accelerating from 1.8 mb/d this year, world oil demand is forecast to expand by 2.2

Oil 210

Oil Global Libya Russia 210

Green Car Congress

FEBRUARY 7, 2019

By 2030, oil demand could hit a peak and then enter decline, according to a new report. For the next decade or so, oil demand should continue to grow, although at a slower and slower rate. According to Bank of America Merrill Lynch, the annual increase in global oil consumption slows dramatically in the years ahead.

Oil 306

Oil America Oil Prices South Africa 306

Green Car Congress

MAY 18, 2018

April saw the US produce a record 10,543,000 barrels per day (MBD) of oil, according to data from the American Petroleum Institute. The first four months of this year also saw US petroleum demand average 750,000 barrels a day above the same period in 2017 despite higher prices. Domestic WTI crude oil prices averaged $66.25

2007 259

2007 Oil Prices Oil Production 259

Green Car Congress

JANUARY 11, 2023

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. Consequently, the US economy grew 1.9% in 2022, down from a 5.7% GDP increase in 2021. and 1.5%, respectively.

Emissions 273

Emissions Oil Prices 2005 Coal 273

Green Car Congress

APRIL 23, 2018

Short-term oil demand is still growing strong and will continue to do so through the end of 2020 despite the market’s increasing focus on electric vehicles and the forecasted future plateau in oil demand, according to new analysis from IHS Markit, a global business information provider. Refined product demand growth has averaged 1.2

Oil 276

Oil Global 2003 2007 276

Baua Electric

MARCH 14, 2024

State-owned oil marketing companies will cut the prices of petrol and diesel across the country by Rs 2 from March 15, 6 am, as per social media posts by the Ministry of Petroleum and Natural Gas and Minister Hardeep Singh Puri on X today. Following the revision, petrol will be priced at Rs 94.72

Petrol 52

Petrol Diesel Price Oil 52

Green Car Congress

DECEMBER 16, 2013

LDVs powered by fuels other than gasoline, such as diesel, electricity, or E85, or equipped with hybrid drive trains, such as plug-in hybrid or gasoline hybrid electric, increase modestly from 18% of new sales in 2012 to 22% in 2040. Domestic crude oil production increases sharply in the AEO2014 Reference case, with annual growth averaging 0.8

Oil 290

Oil Light Energy Vehicles 290

Green Car Congress

OCTOBER 12, 2012

Profound shifts in the regional distribution of oil demand and supply growth will redefine the refining industry and transform global oil trade over the next five years, according to the annual Medium-Term Oil Market Report (MTOMR) released by the International Energy Agency (IEA). The oil market is at a crossroads.

Oil 255

Oil Oil-Sands Global Oil Prices 255

Green Car Congress

APRIL 11, 2017

In its latest Short-Term Energy Outlook (STEO), the US Energy Information Administration (EIA) projects that US crude oil production, which averaged an estimated 8.9 EIA expects that domestic refinery production, including gasoline blendstock output, will be about 20,000 b/d lower this summer than last summer. gal last summer.

Gasoline 150

Gasoline Gasoline-Electric Production Oil 150

Green Car Congress

JULY 7, 2016

Since late 2014, the production of crude oil has outpaced demand, triggering a sustained collapse in world oil prices, which have remained mostly below $50 per barrel. As a result, these low prices have put pressure on the market for natural gas vehicles (NGVs) and the corresponding refueling infrastructure.

Gas 150

Gas Oil Prices Fuel Economy Oil 150

Green Car Congress

AUGUST 20, 2019

The increase in demand came as the US continued to sustain world-leading production, which continues to meet virtually all global oil demand growth. compared with July 2018, even as gasoline prices were 3.6% Refining and petrochemical demand for liquid feedstocks, naphtha, and gasoil (“other oils”) was 5.3 About 93.0%

2005 207

2005 Fuel 2018 Oil 207

Green Car Congress

NOVEMBER 7, 2011

Global demand for oil may well peak before 2020, falling back to levels significantly below 2010 demand by 2035, according to a multi-client research study conducted by Ricardo Strategic Consulting launched in June 2011 in association with Kevin J. The world is nearing a paradigm shift in oil demand. Lindemer LLC.

Oil 210

Oil 2010 2020 Global 210

Green Car Congress

APRIL 7, 2021

The US Energy Information Administration (EIA) forecasts an increase in demand for petroleum products during the 2021 summer driving season as the impacts of COVID-19 diminish in the United States. EIA also forecasts the Brent crude oil price will average $64 per barrel this summer, a 78% increase from last summer’s average of $36 per barrel.

2019 186

2019 Fuel Coal 2020 186

Green Car Congress

APRIL 14, 2015

The Annual Energy Outlook 2015 (AEO2015) released today by the US Energy Information Administration (EIA) projects that US energy imports and exports will come into balance—a first since the 1950s—because of continued oil and natural gas production growth and slow growth in energy demand. With greater U.S. With greater U.S.

2020 150

2020 Energy Transportation Oil Prices 150

Green Car Congress

JULY 8, 2010

entered into a feasibility agreement with NASA to evaluate the potential use of castor oil as a viable and sustainable feedstock for production of biojet fuel—also known as Bio Synthesized Paraffinic Kerosene (Bio-SPK) and Hydroprocessed Renewable Jet (HRJ). In April 2009 Evogene Inc. Earlier post.). Earlier post.).

Oil 186

Oil Oil Prices Brazil 186

Green Car Congress

AUGUST 31, 2011

World ethanol and biodiesel production, 1975-2010. Global production of biofuels increased 17% in 2010 to reach an all-time high of 105 billion liters (28 billion gallons US), up from 90 billion liters (24 billion gallons US) in 2009. Source: Worldwatch Institute. Click to enlarge. Biofuels provided 2.7% —Sam Shrank.

2010 256

2010 Brazil Global Argentina 256

Green Car Congress

NOVEMBER 13, 2011

Change in primary oil demand by sector and region in the central New Policies Scenario, 2010-2035. Under the WEO 2011 central scenario, oil demand rises from 87 million barrels per day (mb/d) in 2010 to 99 mb/d in 2035, with all the net growth coming from the transport sector in emerging economies. Click to enlarge. billion in 2035.

Oil 247

Oil Transportation Cheap Fleet 247

Green Car Congress

NOVEMBER 9, 2010

At the current pace of research and development, replacing gasoline and diesel with renewable fuel alternatives could take some 131 years, according to a new University of California, Davis, study using a new sustainability forecasting approach based on market expectations. The forecast was published online 8 Nov.

Davis 300

Davis Renewable Gasoline Market 300

Green Car Congress

JUNE 1, 2009

China will raise gasoline and diesel benchmark retail prices by 400 yuan (US$58.6) The benchmark retail price for gasoline would increase by 7 percent and the price of diesel by 8 percent, said a statement on the NDRC website. It is the third oil price adjustment this year.

Gasoline 150

Gasoline Diesel Price China 150

Green Car Congress

APRIL 25, 2010

has built and delivered 12 dimethyl ether (DME) feed pumps to Shanghai Diesel Engine Company. Shanghai Diesel Engine Company is owned by Shanghai Automotive Industrial Corporation (SAIC), one of the top three automotive corporations in China. Alternative Fuel Technologies, Inc. The value of this order is confidential.

Alternative Fuels 231

Alternative Fuels Diesel Engine Companies 231

Green Car Congress

APRIL 16, 2010

Total March deliveries of all products, including gasoline, distillate, kerosine-jet fuel, and residual fuel, rose 3.5% The record gasoline production in March makes it abundantly clear that supply is not an issue with the higher gasoline prices we’ve seen. US distillate production in March was up 5.3% from a year ago.

Gasoline 186

Gasoline North Dakota Production 2009 186

Green Car Congress

JUNE 19, 2012

The new gas engine runs on liquefied natural gas rather than heavy crude oil and has a maximum power output of 13,000 bhp (9,694 kW). The new engine emits 20% less carbon dioxide than diesel engines, reduces NO x emissions by 97% to reach world’s lowest level of 50 ppm, and improves engine performance by 47%. Click to enlarge.

Hyundai 240

Hyundai Engine South Korea Oil Prices 240

Green Car Congress

JULY 28, 2015

The undisputed king of oil and gas is making some moves that could change the face of the global refining sector. As if being the world’s biggest exporter of oil was not enough, the desert kingdom is now looking to conquer the refining sector as it has quickly become the fourth largest refiner in the world. By offering almost 2.8

Saudi Arabia 150

Saudi Arabia Price Oil India 150

Green Car Congress

JANUARY 15, 2014

In their analysis, the authors examined the effect of 5 factors on EDV deployment: crude oil and natural gas prices; a federal CO 2 policy; a federal renewable portfolio standard (RPS); and EDV battery cost. No EDV deployment occurs with high battery costs, low oil prices, and no CO 2 policy.

Emissions 236

Emissions Oil Prices Vehicles Oil 236

Green Car Congress

AUGUST 27, 2013

The world’s consumption of gasoline, diesel fuel, jet fuel, heating oil, and other petroleum products reached a record high of 88.9 If China’s use of petroleum continues to grow as projected, it is expected to replace the United States as the world’s largest net oil importer this fall. North America.

North America 261

North America 2012 America Europe 261

Green Car Congress

JANUARY 6, 2014

The model has four sub-components: vehicle, fuel production, electricity grid; and energy supply. million compression ignition (diesel) vehicles. Among their findings were: RFS2 is satisfied at extreme oil prices (at least $215/barrel). This oil price encourages biofuel use in the RFS2 timeframe, but not in the long run.

Oil Prices 246

Oil Prices Gasoline-Electric Gasoline Oil 246

Green Car Congress

MAY 25, 2011

path” to help overcome key commercial and sustainability challenges and speed fuel production. Established hydroprocessing technologies to produce aviation fuels from natural oils. supply chains for sustainable aviation fuels utilizing oils from oilseed crops such as camelina, as well as algae and biomass. renewable diesel.

Oil 230

Oil Industrial Industry Renewable 230

Green Car Congress

FEBRUARY 17, 2012

At least 38 national governments have enacted blending mandates or targets to accelerate the expansion of biofuels production and consumption in the transportation sector. growth in the industry over the next decade, Pike expects production volumes to fall short of an estimated 71.8 Pike expects ethanol production to maintain its.

Global 253

Global Market 2012 Financing 253

Green Car Congress

APRIL 28, 2014

DICE involves converting coal or biomass into a water-based slurry (called micronised refined carbon, MRC) that is directly injected into a large, specially adapted diesel engine. The project is supported by industry partners including Exergen, Ignite Energy Resources, AGL, MAN Diesel & Turbo and EnergyAustralia.

Coal 257

Coal Carbon Engine Emissions 257

Green Car Congress

JUNE 30, 2015

Investing in alternative fuels is not only good for the environment, it’s a smart move for our company as biofuels have the potential to hedge against future oil price volatility and carbon regulations. —United Executive Vice President and General Counsel Brett Hart. United is the first US airline to invest in a biofuel company.

Renewable 150

Renewable Fuel Alternative Fuels Los Angeles 150

Green Car Congress

AUGUST 28, 2017

Heavy fuel oil (HFO) is the predominant marine fuel. 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. It is viscous, dirty, inexpensive and widely available.

Mariner 150

Mariner 2020 Fuel Oil 150

Green Car Congress

MAY 15, 2012

The National Energy Technology Laboratory (NETL) has released a follow-on study to its 2009 evaluation of the economic and environmental performance of Coal-to-Liquids (CTL) and CTL with modest amounts of biomass mixed in (15% by weight) for the production of zero-sulfure diesel fuel. per gallon of petroleum diesel.

Coal 225

Coal Diesel Oil Prices Water 225

Green Car Congress

JULY 21, 2015

and will convert approximately 140,000 dry tons of woody biomass into 15 million gallons per year of renewable jet, diesel and naphtha fuels. Hydroprocessing refines the liquid hydrocarbons to produce jet, diesel, and naphtha fuels. Departments of Agriculture, Energy and Navy, is scheduled to break ground this fall in Lakeview, Ore.

Renewable 150

Renewable Supplies Fuel Oil Prices 150

Green Car Congress

FEBRUARY 1, 2014

Incremental well-to-wheels GHG emissions from WCSB Oil Sands Crudes Compared to Well-to-Wheels GHG Emissions from Displacing Reference Crudes Click to enlarge. Domestic production of crude oil has increased significantly, from approximately 5.5 million bpd in 2010 to 6.5 million bpd in 2012 and 7.5 million bpd by mid-2013.

Oil-Sands 220

Oil-Sands Nebraska Oil Montana 220

Green Car Congress

DECEMBER 5, 2012

The US Energy Information Administration released its Annual Energy Outlook 2013 (AEO2013) Reference case (the Early Release ), which highlights a growth in total US energy production that exceeds growth in total US energy consumption through 2040. Domestic oil production will rise to 7.5 Overall findings. than in AEO2012.

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Fuel Energy Sale 2013 225