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Worldwatch Institute report finds global energy intensity increased in 2010 for second year in a row

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Global energy intensity, 1981-2010. Global energy intensity—defined as total energy consumption divided by gross world product—increased 1.35% in 2010, the second year of increases in the context of a broader trend of decline over the last 30 years, according to a new Vital Signs Online article from the Worldwatch Institute.

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

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The US Energy Information Administration (EIA) forecasts an increase in demand for petroleum products during the 2021 summer driving season as the impacts of COVID-19 diminish in the United States. 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.

2019 186
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Opinion: Saudi Arabia Continues To Turn Screws On US Shale

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The resulting crash in oil prices is forcing some production out of the market, and Saudi Arabia intends for the brunt of that to be borne by others. There is a lag between movements in the oil price and corresponding changes in production. But the effects of the oil price crash are now being felt.

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3 Years Of Painful Cuts Sets Oil Markets Up For Serious Supply Crunch

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Total global oil production could decline for the next several years in a row as scarce new sources of supply come online. According to data from Rystad Energy, overall global oil output will fall this year as natural depletion overwhelms all new sources of supply. The price acts as a self-correcting mechanism.

Oil 150
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IHS Markit: global commercial vehicle production to drop 22% in 2020 in wake of COVID-19

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By way of example, while the logistics industry has been negatively impacted, one of the measures so far announced includes the exemptions on payments of highway tolls through the end of June, and subsidies on New Energy Vehicles (NEVs) have been extended for another two years, from 2020 to 2022.

2020 191
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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. The report identifies a number of key trends, including: Oil prices are expected to climb over the next decade, driving increased interest in. The number of off-take agreements with oil and chemical will increase, confirming the trend.

Global 225
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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% in 2011 as economic growth fuels higher energy consumption. in 2011, primarily because of projected rising crude oil prices.

2008 186