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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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Navigant forecasts global light duty electrified vehicle sales to exceed 6.0M in 2024; PEVs to account for roughly half

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vehicles that use electricity for traction, including hybrids, plug-in hybrids, and battery-electrics) will grow from 2.6 It will also be due to the continued drive to reduce carbon emissions and improve vehicle fuel economy in the major developed vehicle markets. million vehicle sales in 2015 to more than 6.0

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Junkyard Find: 1987 Chevrolet Sprint ER

The Truth About Cars

It also had an upshift light (located in the lower right corner of the cluster) to remind drivers that fuel economy was more important than brisk acceleration. Even though memories of the gas lines and fuel rationing of 1979 were still vivid by 1987, oil prices crashed hard during the middle 1980s, hitting bottom in 1986.

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EIA Energy Outlook 2013 reference case sees drop in fossil fuel consumption as use of petroleum-based liquid fuels falls; projects 20% higher sales of hybrids and PHEVs than AEO2012

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Increased sales for hybrids and PHEVs. quadrillion Btu in 2035, as a result of fuel economy improvements achieved through stock turnover as older, less efficient vehicles are replaced by newer, more fuel-efficient vehicles. Biofuels grow at a slower rate due to lower crude oil prices and. Overall findings.

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NREL launches new alternative transportation web tools; planning, maps, data

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One of the many charts available from the maps and data library on the AFDC site, this shows the number of light-duty alternative fuel vehicles (AFVs), hybrid electric vehicles (HEVs), and diesel models offered by vehicle manufacturers from 1991 through 2012. Click to enlarge.

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IHS Markit: global oil demand still growing in the short term despite increasing focus on EVs

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This diversity of demand, both geographically and in terms of product mix, is an important factor, IHS Markit said, in determining the sustainability of the current cycle, which is key to keeping the oil market in balance, and supporting prices. —Eleanor Budds, principal analyst, oil markets and downstream, at IHS Markit.

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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. T he Brent crude oil spot price declines from $112 per barrel (bbl) (in 2012 dollars) in 2012 to $92/bbl in 2017. per year, from 21.5

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