Green Car Congress

APRIL 2, 2017

Notwithstanding that oil demand has increased for over 150 years, it will eventually stop increasing. If oil demand were to reach an actual peak, then the top might be easier to predict. As it stands, the forecast models of demand are likely predicting peak demand far later than it will be. by Dwayne Purvis for Oilprice.com.

Oil 250

Oil Saudi Arabia 2007 Supplies 250

Green Car Congress

JUNE 1, 2016

Total global oil production could decline for the next several years in a row as scarce new sources of supply come online. According to data from Rystad Energy, overall global oil output will fall this year as natural depletion overwhelms all new sources of supply. Many oil projects, after all, take years to develop.

Oil 150

Oil Supplies Market Oil Prices 150

Green Car Congress

MAY 24, 2017

As oil prices remain unsteady and OPEC continues to make headlines every hour, the world is focused on oil’s immediate future. In a speech made at the Association of International Petroleum Negotiators’ 2017 International Petroleum Summit, Johnston laid out his concerns for the future of oil. oil may not be able to fill.

Oil Prices 170

Oil Prices Oil Saudi Arabia Price 170

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 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

NOVEMBER 13, 2022

Based on BNEF’s New Energy Outlook, its annual long-term scenario analysis on the future of the energy economy, the report examines how Indonesia’s energy supply may evolve under BNEF’s Economic Transition Scenario (ETS) as well as a Net Zero Scenario (NZS) compliant with the goals of the Paris Agreement.

Indonesia 195

Indonesia Coal Lithium Ion Asia 195

Green Car Congress

JUNE 2, 2022

The Long-Term Electric Vehicle Outlook outlines two scenarios for the uptake of electric transport to 2050, and examines impacts on demand for batteries, materials, oil, electricity, infrastructure and emissions. million barrels of oil demand per day. —Aleksandra O’Donovan, head of electric vehicles at BloombergNEF.

Transportation 473

Transportation Emissions Fleet Economy 473

Green Car Congress

DECEMBER 16, 2013

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

Oil 290

Oil Light Energy Vehicles 290

Green Car Congress

FEBRUARY 5, 2018

As personal mobility increases, average new-car fuel economy (including SUVs and light trucks) will improve as well, rising from about 30 miles per gallon (7.83 However, oil will continue to play a leading role in the world’s energy mix, the report finds. l/100 km) now to close to 50 miles per gallon (4.7 l/100 km) in 2040. —T.J.

Light 170

Light Oil Fuel Vehicles 170

Green Car Congress

OCTOBER 20, 2015

November 27, oil consuming countries will celebrate the first anniversary of the Saudi decision to let market forces determine prices. This apparent bravado notwithstanding, the two countries’ entry into the low-price Crudedome is ravaging their economies. by Dalan McEndree for Oilprice.com. — Mad Max: Beyond Thunderdome.

Russia 150

Russia Saudi Arabia Oil Market 150

Green Car Congress

JULY 2, 2013

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.

Oil 207

Oil Oil-Sands Fuel Economy Transportation 207

Green Car Congress

OCTOBER 5, 2010

New research released by Deloitte and Douglas-Westwood finds that the total cost of decommissioning the more than 260 offshore oil and gas platforms—including the associated wells, manifolds, pipelines and umbilicals—on the UK Continental Shelf (UKCS) could be in excess of $30 billion over the next 30 years.

Cost Of 170

Cost Of Oil Gas Wind 170

Green Car Congress

JANUARY 25, 2016

Global energy demand will increase 25% between 2014 and 2040, driven by population growth and economic expansion, ExxonMobil forecasts in the 2016 edition of its annual The Outlook for Energy. The company forecasts modest gains for plug-in electric cars, with cost and functionality remaining barriers.

2014 150

2014 Carbon Energy Fuel Economy 150

Green Car Congress

JANUARY 19, 2011

World energy growth over the next twenty years is expected to be dominated by emerging economies such as China, India, Russia and Brazil while improvements in energy efficiency measures are set to accelerate, according to BP’s latest projection of energy trends, the BP Energy Outlook 2030.

Energy 210

Energy Economy Global Oil-Sands 210

Green Car Congress

JANUARY 8, 2014

Additionally, in a sign that regional economies are rebounding, the motorcycle markets in North America and Europe are showing signs of life after several years of decline. in North America between 2014 and 2022, according to data from Navigant Research’s Electric Vehicle Market Forecasts report.

2014 346

2014 Global Sale Motorcycles 346

Green Car Congress

DECEMBER 15, 2013

Driven by increasing population, urbanization and rising living standards, the world will require some 35% more energy in 2040, according to ExxonMobil’s annual forecast report: Outlook for Energy: A View to 2040. billion, as the world’s population grows and more people in developing economies are able to afford cars. Click to enlarge.

Oil-Sands 309

Oil-Sands Energy Hybrid Sale 309

Green Car Congress

JANUARY 25, 2017

The 2017 edition of the BP Energy Outlook , published today, forecasts that global demand for energy will increase by around 30% between 2015 and 2035, an average growth of 1.3% Oil demand grows at an average rate of 0.7% Oil demand grows at an average rate of 0.7% Oil: changing dynamics of demand and supply.

Global 150

Global Fuel Energy Oil 150

Green Car Congress

MARCH 9, 2013

Transportation fuel mix in millions of oil-equivalent barrels through 2020. The relative shift away from motor gasoline to diesel is driven by improving light-duty vehicle fuel economy and the growth in commercial transportation activity. Sources for fuel economy gains in light-duty vehicles. Source: ExxonMobil Outlook.

Gasoline 383

Gasoline Transportation 2020 Diesel 383

Green Car Congress

MARCH 17, 2012

An analysis of the US refining sector, based on linear programming (LP) modeling, finds that refining plausibly high volumes of Canadian oil sands crudes in US refineries in 2025 would lead to a modest increase in refinery CO 2 emissions (ranging between 5.4% to 9.3%) from a 2010 baseline, depending upon the supply scenario.

Oil-Sands 247

Oil-Sands Oil Emissions CO2 247

Green Car Congress

MAY 21, 2010

A new study by the Peterson Institute for International Economics concluded that the Kerry-Lieberman “American Power Act”—the energy and climate change legislation recently introduced in the Senate ( earlier post )—would reduced US oil imports by 33-40% below current levels and by 9-19% below projected business-as-usual levels by 2030.

Oil 220

Oil Climate Change Oil Prices 2005 220

Green Car Congress

APRIL 18, 2020

IHS Markit is forecasting that global commercial vehicle production (GVW 4-8) volumes in 2020 compared to 2019 will be down 22% (more than 650,000 units) to 2.6 These forecasts are informed by the latest IHS Markit global economic forecast updates, which reflect a 3.0% million units, in the wake of the COVID-19 pandemic.

2020 191

2020 Commercial Global Production 191

Green Car Congress

SEPTEMBER 14, 2021

Total refined products include all production from refineries such as gasoline, jet fuel, diesel, fuel oils, and includes biofuels—but excludes natural gas liquids (NGLs). —Sandeep Sayal, vice president, oil markets and downstream refining, IHS Markit. This shift is already being reflected in supply-side investment.

2019 170

2019 Global Production Oil 170

Green Car Congress

DECEMBER 10, 2014

Significant growth in the global middle class, expansion of emerging economies and an additional 2 billion people in the world will contribute to a 35% increase in energy demand by 2040, according to ExxonMobil’s latest Outlook for Energy report. The Outlook for Energy provides ExxonMobil’s long-term view of global energy demand and supply.

Energy 252

Energy Global 2010 Oil-Sands 252

Green Car Congress

SEPTEMBER 20, 2011

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.

Oil-Sands 220

Oil-Sands Oil 2008 Oil Prices 220

Green Car Congress

JUNE 7, 2017

Compared to the reference case, in which gasoline vehicles (ICEVs) remain dominant through 2050 (BAU), OPT results in 16% and 36% reductions in LDV greenhouse gas (GHG) emissions for 2030 and 2050, respectively, corresponding to 5% and 9% reductions in economy-wide emissions. Credit: ACS, Keshavarzmohammadian et al. Click to enlarge.

Emissions 150

Emissions Economy Gasoline-Electric Coal 150

Green Car Congress

JULY 7, 2012

Prices at the pump are falling in Japan not only due to lower crude oil prices, but also because the widespread popularity of fuel-efficient vehicles has lowered demand for gasoline.A The Nikkei reports that the nationwide average price in Japan for regular gasoline was ¥139.8 per liter ($6.65

Japan 258

Japan Gasoline Fuel Gasoline-Electric 258

Green Car Congress

SEPTEMBER 25, 2019

This long-term trend of Asian energy consumption to support growing economies strongly influences the extraction, refining, and transport of oil, natural gas, and other fuels. More developed OECD and developing non-OECD economies have vastly different growth profiles for electricity consumption.

Asia 220

Asia Energy 2018 India 220

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. —EIA Administrator Adam Sieminski.

2020 150

2020 Energy Transportation Oil Prices 150

Green Car Congress

APRIL 7, 2010

EIA projects that world oil consumption will grow by 1.5 million bbl/d in 2011, similar to the forecast of last month. This growth is the result of an expected recovery in the global economy, with world gross domestic product (GDP, on an oil-weighted basis) assumed to rise by more than 3 percent per year.

2008 186

2008 2010 Emissions Fuel 186

Baua Electric

JANUARY 10, 2024

The report shows that under existing policies and market conditions, global renewable power capacity is now expected to grow to 7,300 GW over the 2023-28 period covered by the forecast. Birol said that “success will hinge” on scaling up financing for emerging and developing economies.

Renewable 52

Renewable Solar Financing Installation 52

Green Car Congress

MARCH 29, 2015

The light-duty segment fell 34% from 2013, mostly related to a drop in orders from the gas and oil exploration and production (E&P) sector. However, sales growth in both the heavy- and medium-duty sectors will continue to be tempered by and dependent upon the price of oil and the demand for diesel fuel. Source: NGVAmerica.

2014 150

2014 Sale Light Gas 150

Green Car Congress

NOVEMBER 12, 2012

The WEO finds that the extraordinary growth in oil and natural gas output in the United States will mean a sea-change in global energy flows. barely rises in OECD countries, although there is a pronounced shift away from oil, coal (and, in some countries, nuclear) towards natural gas and renewables. Oil demand reaches 99.7

Global 225

Global 2012 Energy Oil 225

Green Car Congress

MARCH 18, 2013

Vehicle and fuel data were then used to forecast future LDV fleet energy use and GHG emissions using two models, as well comparing different policy-driven scenarios. Many of the vehicles on the road in 2030 will have been built by 2015, and these will lower the fuel economy of the on-road fleet. The committee suggests that the U.S.

Hydrogen 244

Hydrogen Oil Plug-in Fuel Economy 244

Green Car Congress

MAY 4, 2017

Over the three-month period, flight SQ31 will be powered by a combination of HEFA (Hydro-processed Esters and Fatty Acids), a sustainable biofuel produced from used cooking oils, and conventional jet fuel.

Singapore 150

Singapore San Francisco Green Los Angeles 150

Green Car Congress

NOVEMBER 27, 2011

Technically feasible levels of energy efficiency and decarbonized energy supply alone will not be sufficient to reduce greenhouse gas emissions 80% below 1990 levels by 2050, according to a detailed modeling of the California economy performed by a team from Energy and Environmental Economics, the Monterey. Williams et al.

Climate 262

Climate California Fuel Gas-Electric 262

Green Car Congress

AUGUST 7, 2020

After growing by more than 2% in 2019, global gas use is set to fall by around 4% in 2020, as the COVID-19 pandemic reduces energy consumption across the global economies. The pandemic has created disruption in the global energy sector, but low gas prices will ultimately stimulate demand growth as the economy recovers.

Gas 243

Gas Global Industrial Industry 243

Green Car Congress

AUGUST 12, 2009

An improving economy is expected to increase CO 2 emissions from fossil fuels by 0.7% decline in consumption), distillate fuel oil (an 8.2% decline) and residual fuel oil (a 6.3% The STEO provides a history and forecast of CO 2 emissions from the consumption of the three fossil fuels: coal, natural gas, and petroleum.

2009 220

2009 Emissions Gasoline Coal 220