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EVs dominate list of efficient cars in ORNL 2022 Fuel Economy Guide

Green Car Congress

The 2022 Fuel Economy Guide, released by ORNL for the DOE/EPA fueleconomy.gov website, provides up-to-date information on fuel economy, environmental and safety data, so consumers can choose the most fuel-efficient vehicle that meets their needs. Credit: Andrew Sproles/ORNL, U.S.

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Study estimates fuel economy improvements to US light-duty vehicles from 1975–2018 saved 2T gallons of fuel, 17B tons of CO2

Green Car Congress

A team from the University of Tennessee and the National Renewable Energy Laboratory (NREL) has the fuel savings due to fuel economy improvements over the past 43 years amount to approximately two trillion gallons of gasoline. Estimated attribution of fuel savings due to fuel economy improvements to light-duty vehicles since 1975.

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IEF, IHS Markit: deepening underinvestment in hydrocarbons raises specter of continued price shocks and volatility

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Underinvestment in oil and gas development extended into a second year in 2021 even as global energy demand rebounded, raising the prospect of price shocks, scarcity and growing energy poverty, according to a new report by the International Energy Forum (IEF) and IHS Markit. Investment slumped by 30% in 2020.

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The Impact of Gas Price Trends on Vehicle Choice

Clean Fleet Report

When gas prices are on the rise, it had a big impact on the type of vehicles that people were buying. The Cost of Gas Has a Big Impact on Vehicle Choice. With gas prices always fluctuating, it can be difficult to predict how much you’ll need to spend on fuel each month. Analysis of Recent Market Moves.

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EIA expects record global petroleum consumption in 2024, with lower crude oil prices

Green Car Congress

EIA expects crude oil prices to decrease through 2023 and 2024, even as petroleum consumption increases, largely because growth in crude oil production in the United States and abroad will continue to increase over the next two years. EIA forecasts US gasoline prices to average around $3.30 per gallon in 2023 and $3.10

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Korea Gas Corporation to invest $4B in hydrogen production and distribution by 2030

Green Car Congress

Korea Gas Corp. KOGAS), the state-run natural gas supplier and a major global importer of LNG, plans to spend 4.7 Under the plan, KOGAS will construct 25 hydrogen-producing facilities and pipelines totaling 700 kilometers to transport the gas. KOGAS also said that with increased output, prices of hydrogen will likely fall.

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3.8% drop in EU’s greenhouse gas emissions in 2019; transport emissions rise

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Total greenhouse gas emissions in the European Union (EU) decreased by 3.8% Increasing carbon prices and gas becoming relatively cheaper compared with coal led to a significant reduction in coal use, in favor of gas and renewable energy sources.

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