Green Car Congress

DECEMBER 11, 2014

The demand for oil in 2015 will drop to its lowest level since 2002 because of an oversupply of crude and stagnant economies in China and Europe, according to OPEC’s latest forecast. OPEC’s monthly report said demand for the cartel’s oil will fall to 28.9 You start to price that in now.”. And yet on Nov. And yet on Nov.

Oil Prices 199

Oil Prices Oil 2015 Price 199

Green Car Congress

MARCH 27, 2020

A sudden drop in miles traveled by car in the US triggered by wide-spread social isolation measures will have immediate ramifications for gasoline demand. IHS Markit analysis finds that US gasoline demand could fall by as much as 4.1 The four-week average US gasoline demand for the week ending 6 March 2020 was 9.1 million units.

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Gasoline 2020 Gasoline-Electric 2008 269

Green Car Congress

JUNE 18, 2022

The IEA June 2022 Oil Market Report (OMR) forecasts world oil demand to reach 101.6 While higher prices and a weaker economic outlook are moderating consumption increases, a resurgent China will drive gains next year, with growth accelerating from 1.8 mb/d in 2023, according to the forecast. mb/d in 2022 to 2.2

Oil 210

Oil Global Libya Russia 210

Green Car Congress

JULY 8, 2021

In the EIA forecast, global consumption of liquid fuels rises by an additional 3.7 EIA forecasts US liquid fuels consumption will rise to 19.6 EIA forecasts global inventories will continue to fall in the near term but at a slower rate, with global inventories falling by 0.2 US regular gasoline retail prices averaged $2.78

2019 243

2019 Global Fuel Gasoline-Electric 243

Green Car Congress

APRIL 26, 2012

US gasoline demand this summer is expected to be the lowest in 11 years, while the average summer fuel price is forecast to be at a record level, according to the US Energy Information Administration (EIA). US gasoline consumption is forecast to average almost 8.8

Gasoline 247

Gasoline Price 2001 Oil Prices 247

Green Car Congress

DECEMBER 17, 2014

The average US household will spend about $550 less on gasoline in 2015 compared with 2014, as annual motor fuel expenditures are on track to fall to their lowest level in 11 years, according to projections by the US Energy Information Administration (EIA). The price for US regular gasoline has fallen 11 weeks in a row to an average $2.55

2015 210

2015 Gasoline Fuel Economy MPG 210

Green Car Congress

APRIL 11, 2017

In its latest Short-Term Energy Outlook (STEO), the US Energy Information Administration (EIA) projects that US crude oil production, which averaged an estimated 8.9 That level is higher than originally forecast, exceeding the previous record level of 9.6 For summer 2017, EIA forecasts motor gasoline consumption to average 9.5

Gasoline 150

Gasoline Production Gasoline-Electric Oil 150

Green Car Congress

APRIL 7, 2021

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

2019 Fuel Coal Motor 186

Green Car Congress

APRIL 8, 2020

GlobalData research shows that lower oil prices as a result of the COVID-19 crisis could reduce electric vehicle demand and impair EU efforts to significantly reduce average new vehicle CO 2 emissions in the European car market. However, the amount of time taken to make up that price differential depends on the cost of fuel.

CO2 353

CO2 Fleet Emissions Oil Prices 353

Green Car Congress

NOVEMBER 9, 2010

At the current pace of research and development, replacing gasoline and diesel with renewable fuel alternatives could take some 131 years, according to a new University of California, Davis, study using a new sustainability forecasting approach based on market expectations. The forecast was published online 8 Nov.

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Davis Renewable Gasoline Market 300

Green Car Congress

JULY 7, 2012

The Nikkei reports that the nationwide average price in Japan for regular gasoline was ¥139.8 Prices at the pump are falling in Japan not only due to lower crude oil prices, but also because the widespread popularity of fuel-efficient vehicles has lowered demand for gasoline.A per liter ($6.65

Japan 258

Japan Gasoline Fuel Gasoline-Electric 258

Green Car Congress

FEBRUARY 25, 2016

A new study by Bloomberg New Energy Finance (BNEF) forecasts that sales of electric vehicles will hit 41 million by 2040, representing 35% of new light duty vehicle sales worldwide. BNEF will discuss its EV forecast in detail at its upcoming annual BNEF Summit in New York in April.

Cost Of 150

Cost Of Sale Global Vehicles 150

Green Car Congress

JANUARY 1, 2011

” 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. In DB’s Fall 2009 note, they had forecast 12% growth.

Transportation 250

Transportation Gasoline Lithium Ion Gasoline-Electric 250

Green Car Congress

FEBRUARY 2, 2015

The current plunge in oil prices will likely negatively affect plug-in and hybrid vehicle sales in the short term; automakers such as BMW are already warning of lower sales of plug-in vehicles given the market context. Anticipated price of oil and forecast plug-in sales. Lux on the price of oil.

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Plug-in Oil Cheap Plug 150

Green Car Congress

DECEMBER 28, 2015

In its new Natural Gas Vehicles report, Navigant Research forecasts that global annual NGV sales—light-, medium- and heavy-duty—will grow 62.5% Navigant forecasts that the number of light-duty NGVs on the world’s roads will double by 2025 to 39.6 million vehicles in 2015 to 3.9 million in 2025. million, accounting for 2.6%

2015 150

2015 Gas Global North America 150

Green Car Congress

FEBRUARY 3, 2015

IHS Automotive forecasts global automotive sales for 2015 to reach 88.6 For the APAC region in 2015, IHS forecasts that China’s economic growth will decelerate further, to 6.5% The campaign is expected to have a long-lasting effect on premium parts/vehicle prices in China. million, an increase of 2.4% North America.

2015 150

2015 Light Market Global 150

Green Car Congress

FEBRUARY 17, 2012

Pike Research forecasts that the global market for biofuels will more than double over the coming decade, increasing from $82.7 the global gasoline market will reach an estimated 375 billion gallons per year (BGPY) in 2021, while demand for diesel in ground transportation markets will reach at least 427 BGPY. billion in 2011 to $185.3

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Global Market 2012 Financing 253

Green Car Congress

FEBRUARY 23, 2017

The estimates developed in the study have now been incorporated into EIA’s historical data and forecasts of petroleum and other liquids consumption in China. The main effect of this change on the forecasted STEO liquid fuels market balances is that the higher consumption in 2014 raises the baseline to which the STEO forecast benchmarks.

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2000 2016 Fuel China 150

Green Car Congress

OCTOBER 13, 2011

Pike forecasts that the global market for biofuels will increase from $82.7 between 2017 and 2021, as a combination of higher oil prices, emerging mandate. Pike Research estimates that the global gasoline market will reach an estimated 375 billion gallons per year (BGPY) in 2021. billion in 2011 to $185.3 billion by 2021.

Global 225

Global Market Financing Oil Prices 225

Green Car Congress

APRIL 14, 2015

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

2020 150

2020 Energy Transportation Oil Prices 150

Green Car Congress

JULY 12, 2011

Such economic benefits could be realized earlier through effective policies which reduce first mover costs in the short term and promote rapid take-up once non-ICE vehicle price premiums reduce to levels that make them affordable to. The analysis is based on central forecasts of oil price, electricity. Vehicle choice.

PHEV 210

PHEV Oil Prices Australia Price 210

Green Car Congress

APRIL 7, 2010

EIA projects that world oil consumption will grow by 1.5 million bbl/d in 2011, similar to the forecast of last month. This growth is the result of an expected recovery in the global economy, with world gross domestic product (GDP, on an oil-weighted basis) assumed to rise by more than 3 percent per year. per gallon last summer.

2008 186

2008 2010 Emissions Fuel 186

Green Car Congress

MAY 21, 2010

This would cut US spending on imported oil by $51 to $93 billion per year and, by lowering global oil prices, reduce oil producer revenues by $263 to $436 billion annually by 2030. The Act would establish an economy-wide carbon price starting at $16.47 per ton in 2013 and growing to $55.44

Oil 220

Oil Climate Change Oil Prices 2005 220

Green Car Congress

DECEMBER 16, 2013

Among the more detailed transportation projections in AEO2014 are: LDVs powered by gasoline remain the dominant vehicle type in the AEO2014 Reference case, retaining a 78% share of new LDV sales in 2040, down from their 82% share in 2012. HDV energy demand is tempered somewhat by an average 0.5% annual growth through 2040.

Oil 290

Oil Light Energy Vehicles 290

Green Car Congress

DECEMBER 17, 2010

This larger resource leads to about double the shale gas production and more than 20% higher total lower-48 natural gas production in 2035, with lower natural gas prices, than was projected in the AEO2010 Reference case. According to the forecast, unconventional vehicles will represent more than 40% of US light-duty vehicle sales in 2035.

Gas 199

Gas 2011 Price Energy 199

Get Electric Vehicle

MAY 29, 2021

One of the main reasons which limit the mass adaption of electric cars or EVs is its price difference in comparison with its IC engine counterpart. A study conducted by BloombergNEF forecasts that Electric vehicles will be cheaper than gasoline-powered vehicles in Europe. Rays of Hope. The Reduction in Battery cost.

Electric Vehicles 52

Electric Vehicles Engine Vehicles Gasoline-Electric 52

Green Car Congress

DECEMBER 5, 2012

Transportation sector gasoline demand declines. Continued fuel economy improvement in vehicles using other alternative fuels, gasoline, and diesel, combined with growth in the use of hybrid technologies (including micro, mild, full, and plug-in hybrid vehicles), limit the use of electric vehicles over the projection. Click to enlarge.

Fuel 225

Fuel Energy Sale 2013 225

Green Car Congress

JUNE 11, 2018

The level of compliance by shippers has been widely viewed as the one of the greatest uncertainties surrounding the implementation of the IMO’s new marine fuel regulations, and the compliance level has a significant weighting on projections for refined fuel prices, spreads and margins during the IMO 2020 disruption period,IHS Markit said.

Fuel 170

Fuel Mariner Oil 2020 170

Green Car Congress

JULY 14, 2009

In two other scenarios considered, a high oil price scenario (using EIA projections) and a battery swap operator-subsidzied scenario, EV new vehicle sales penetration reaches 85% and 86% respectively by 2030. Electric Cars in the United States: A New Model with Forecasts to 2030” was written by Thomas Becker, a Ph.D.

Electric Cars 150

Electric Cars Batteries Battery Market 150

Green Car Congress

NOVEMBER 11, 2010

BCG’s analysis finds that cellulosic ethanol is on the verge of becoming cost-competitive with gasoline at $3/gal US. The fortunes of alternative energy have historically waxed and waned with the price levels of oil, gas, and other energy sources, rising when prices are high only to fall once they retreat.

Solar 295

Solar Boston Consulting Group Power Powered 295

Green Car Congress

APRIL 30, 2016

From the GHG abatement cost perspective, the study found that the most efficient technologies are full deployment of the E10 grade, to reach the 7% energy cap of conventional biofuels; higher advanced ethanol blends for gasoline such as E20; drop-in advanced biofuels for diesel; and hybridized powertrains, such as mild hybrids and full hybrids.

Transportation 150

Transportation Emissions Fuel Vehicles 150

Green Car Congress

JUNE 16, 2009

(Reflecting the current difficulties in forecasting, Anderman, who publishes an annual market forecast for the sector, said he decided not to produce the 2009 report. As one example of factors contributing to that decision, a survey of projected oil prices returned values between $30 and $250 a barrel, he said.).

Li-ion 150

Li-ion 2011 Market Hybrid 150

Green Car Congress

JUNE 7, 2017

Under their optimistic scenario (OPT)—which is based on the assumption that EVs are market-competitive with gasoline vehicles, in particular after 2025—they find 15% and 47% adoption of battery electric vehicles (BEVs) in 2030 and 2050, respectively.

Emissions 150

Emissions Economy Gasoline-Electric Coal 150

Green Car Congress

NOVEMBER 27, 2011

gasoline in cars) to electricity in order to achieve the GHG reduction target. forecasts of population and gross state product, combined. rather than relative prices of technology, energy, or carbon as. generation forecasting, breakthroughs in storage technology, replacement of steam generation with fast-response gas.

Climate 262

Climate California Fuel Gas-Electric 262

Green Car Congress

JULY 4, 2009

Within a decade, he added, Volkswagen wants to offer significant numbers of pure electric cars at affordable prices and with the range expected by customers. The perspective of rising oil prices is a turboboost for a change in customer behavior, he said. New Small Family ( earlier post ) in 2013. Currently, cars contribute.

2013 150

2013 Companies Gas-Electric Recharge 150

Green Car Congress

SEPTEMBER 18, 2015

The party is over for tight oil. Despite brash statements by US producers and misleading analysis by Raymond James, low oil prices are killing tight oil companies. Reports this week from IEA and EIA paint a bleak picture for oil prices as the world production surplus continues. Click to enlarge.

Oil 150

Oil Oil-Sands Oil Prices 2015 150

Green Car Congress

FEBRUARY 4, 2011

However, consumer demand for PEVs is quite uncertain and, barring another global spike in oil prices, may be limited to a minor percentage of new vehicle purchasers (e.g., Automakers could ramp up PEV production if consumer demand proves to be larger than expected. their longest trips, such as weekend and holiday road trips).

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Plug-in 2015 Plug Recharge 218