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IHS Markit: US gasoline demand could be cut almost in half due to COVID-19

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The region faces months of rolling disruption as the conjoined health and economic crises play out across economies. EVs also face another headwind with the low price of oil prices, making them less competitive in terms of fuel cost savings vis-à-vis their internal combustion engine counterparts.

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

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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

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Economic Impact Study Finds Grid-Enabled Vehicle Policies in Electrification Coalition Roadmap Would Result in Substantial Economic Benefit for US

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I believe we are on the cusp of the next great tectonic shift in our economy, one that will transform the way we use energy both in our homes and on the road. Oil Imports. US crude oil and petroleum product imports would fall sharply, by 3.2 billion fewer barrels of foreign oil. Global Demand for Oil.

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MITEI releases report on Electrification of the Transportation System

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Electrification will also reduce oil dependence, providing foreign policy benefits and the potential to reduce real oil prices and oil price volatility. Electrification will reduce emissions, with the scale determined by the carbon intensity of the power sector. Vehicle technologies.

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KPMG study identifies 10 sustainability “megaforces” with accelerating impacts on business; imperative of sustainability changing the automotive business radically

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The analysis examines how these global forces may impact business and industry; calculates the environmental costs to business; and calls for business and policymakers to work more closely to mitigate future business risk and act on opportunities. billion in 2005. The three nexuses are linked by climate change. Sector analysis: Automobiles.

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EIA projects world liquid fuels use to rise 38% by 2040, driven by growth in Asia and Middle East; transportation 92% of demand

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IEO2014 projections of future liquids balances include two broad categories: crude and lease condensate and other liquid fuels. Crude and lease condensate includes tight oil, shale oil, extra-heavy crude oil, field condensate, and bitumen (i.e., oil sands, either diluted or upgraded).

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Honda May Develop Plug-In as Obama Alters U.S. Policy (Update2) - Bloomberg.com

Tony Karrer Delicious EVdriven

moves to tighten fuel-economy and greenhouse gasrules. While hydrogen provides driving performance similar to thatof gasoline vehicles, fuel cell models will remain costly tobuild for the foreseeable future and aren’t as durable asconventional cars. Oil prices are going to go up. General Motors Corp., Toyota Motor Corp.

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