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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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Perspective: US Needs to Transition to Hydrous Ethanol as the Primary Renewable Transportation Fuel

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The oil price shocks of the 1970s led the Brazilian government to address the strain high prices were placing on its fragile economy. Brazil, the largest and most populous country in South America, was importing 80% of its oil and 40% of its foreign exchange was used to pay for that imported oil.

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Baker Institute expert: crude-oil production increase a risky strategy for Saudi Arabia

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Most notably, a rise in Saudi crude-oil output could trigger a damaging period of global oversupply, said Jim Krane, the Wallace S. This glut could be exacerbated by future carbon taxes and other policy restrictions on fossil fuels, he said. Further, in theory, higher oil production also shortens the time horizon to full depletion.

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EIA: light duty vehicle energy consumption to drop 25% by 2040; increased oil production, vehicle efficiency reduce US oil and liquid imports

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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. quadrillion Btu in AEO2013, and represents the largest growth among all transportation modes. from 2012 to 2040, compared to 1.2%

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IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

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We see SUV market share (as% of passenger vehicle sales) to increase from 26% in 2014 to 28% in 2015 as consumers look to this segment to address evolving transportation needs. This, along with the increase in the IPI (an industry tax) in early January, higher financing rates and weak job generation should translate into sales in Brazil of 3.25

2015 150
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GAO Report Concludes Industry and Government Face Significant Challenges in Meeting RFS Target While Minimizing Unintended Adverse Effects; Suggests Federal Research Give Priority to Non-Ethanol Biofuels

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RFS2 requires that US transportation fuel contain 36 billion gallons of biofuels in 2022; at least 16 billion of the 36 billion gallons of biofuels required in 2022 are to be made from such cellulosic feedstocks as perennial grasses, crop residue, and wood waste. tax credit is. non-ethanol biofuels. specifies this year.

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EIA Energy Outlook 2011 more than doubles estimates of US shale gas resources; higher production at lower prices

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Transportation updates. Among the transportation-related updates going into AEO2011, the EIA increased the limit for blending ethanol into gasoline for approved vehicles from 10% to 15%, as a result of the waiver granted by the US Environmental Protection Agency (EPA) in October 2010. Transportation projections. Source: EIA.

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