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EIA expects US motor fuel consumption to increase this summer, but remain below 2019 levels

Green Car Congress

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. That price increase paired with an increase in gasoline and diesel demand will likely increase the cost of regular gasoline and diesel fuel this summer. gal last summer.

2019 186
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EIA Estimates 2.1% Growth in Fossil Fuel CO2 Emissions in US in 2010; Still Below 1999-2008 Levels

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The US Energy Information Administration (EIA) estimates in the April 2010 release of its Short-Term Energy and Summer Fuels Outlook that CO 2 emissions from fossil fuels, which declined by 6.6% However, even with increases in 2010 and 2011, projected CO 2 emissions in 2011 are lower than annual emissions from 1999 through 2008.

2008 186
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IHS Markit: global commercial vehicle production to drop 22% in 2020 in wake of COVID-19

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New financing has also been announced to eliminate high emissions vehicles in key regions which should give some support to boost to truck sales, all else being equal. The local industry is already recovering, with commercial vehicle plants re-opened. —Andrej Divis, director of commercial vehicle data & forecasts at IHS Markit.

2020 191
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Deutsche Bank Forecast sees slower transportation electrification and greater gasoline demand near-term; increased confidence in the pace and breadth of long-term shift to efficient transportation systems

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” Their analysis is in the context of the “ surprising [oil] demand strength of 2010 “; 2010 saw absolute incremental demand at around 2.2mb/d of growth—the second highest in 30 years, despite oil prices in the $90/bbl region. He also believes that sub-1.6L

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Pike Research forecasts global biofuels market value to double to $185B by 2021

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between 2017 and 2021, as a combination of higher oil prices, emerging mandate. Multiple aims include the reduction of dependence on imported oil, mitigation of greenhouse gas (GHG) emissions, and driving economic development. The number of off-take agreements with oil and chemical will increase, confirming the trend.

Global 225
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Honda May Develop Plug-In as Obama Alters U.S. Policy (Update2) - Bloomberg.com

Tony Karrer Delicious EVdriven

Tax Credits Instead, Obama backed tax credits of as much as $7,500 inthe stimulus package approved in February for buyers of plug-incars. Oil prices are going to go up. millionthis year from $211.9 million, according to the EnergyDepartment Web site. We will have packages that will be verycompetitive at that time.”

Obama 53
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Cleantech Blog: Smart Grids and Electric Vehicles

Tony Karrer Delicious EVdriven

The Three Prongs of the “Green&# Energy Stimulus Pa. People-Oriented Development Current Status of REDD Financing the Fifth Fuel Peak Phosphorus - Commence Urine Recyling on Space. The Appraisal 2010 Prius Delivers Record Mileage and Accelerates. 2) Chevy Volt (2) China (2) ECOD3.SA SZ (1) 6753.T 2) Chevy Volt (2) China (2) ECOD3.SA

Grid 28