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Nacero selects Topsoe’s TIGAS technology for gas-to-gasoline unit; reducing lifecycle carbon footprint up to 50%

Green Car Congress

Nacero has licensed Topsoe TIGAS (Topsoe Improved Gasoline Synthesis) technology for its multi-billion USD natural-gas-to-gasoline facility in Penwell, Texas to produce 100,000 barrels per day of gasoline component ready for blending into US commercial grades.

BP Statistical Review finds global oil share down for 12th year in a row, coal share up to highest level since 1969; renewables at 2%

Green Car Congress

Coal’s market share of 30.3% Emerging economies accounted for all of the net growth, with OECD demand falling for the third time in the last four years, led by a sharp decline in Japan. in the emerging economies. Fossil fuels still dominated energy consumption with 87% market share, while renewables rose fastest but are still only 2% of the global total. Growth in the US slowed as the share of ethanol in gasoline approaches the blendwall.

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Global Gas Prices | Hybrid Sales

Hybrid SUV Blog

In a 2009 CNNMoney.com interview, AutoNation CEO, Mike Jackson voiced his opinion that gasoline is too cheap and that the United States government should consider a gas tax to make sure the price does not fall below roughly $3.50 In a recent Wall Street Journal article Bob Lutz (General Motors Vice Chairman) stated that GM will continue to build hybrids due to more stringent federal fuel economy standards even though the company most likely will always lose money on hybrids.

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