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EIA: China processed record amounts of crude oil in 2021 but exported less gasoline and diesel

Green Car Congress

In the second half of the year, China processed slightly less crude oil and began exporting significantly less gasoline and diesel than in the first half of the year to ensure sufficient domestic supply. China’s exports of diesel and gasoline ended 2021 at lower levels than at the beginning of the year. Source: Graph by the U.S.

Oil 370
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API: total US petroleum demand topped 20.8 mb/d in July, highest since 2005; on-road fuel demand down

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year-over-year increase and the highest demand for the month since 2005, according to the latest Monthly Statistical Report released by the American Petroleum Institute (API). The increase in demand came as the US continued to sustain world-leading production, which continues to meet virtually all global oil demand growth. y/y to 3.0

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MIT/UC Davis professors challenge claims that ethanol production decreased gasoline prices in 2010 and 2011

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Knittel/Smith results for implied gasoline price effects from elimination of ethanol for 2010 using Du/Hayes model and pooled-sample estimates. Put simply, the empirical results merely reflect the fact that ethanol production increased during the sample period whereas the ratio of gasoline to crude oil prices decreased.

Davis 334
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BP Statistical Review finds global oil share down for 12th year in a row, coal share up to highest level since 1969; renewables at 2%

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Oil remains the world’s leading fuel, but its 33.1% seen in 2010, according to the newly released BP Statistical Review of World Energy, 2012. The averages hide a mixed picture by fuel, however. The fossil fuel mix continues to change with oil, the world’s leading fuel at 33.1% Source: BP.

Coal 261
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RAC Foundation: 830,000 households in UK spend at least 27% of their income on running a car; “transport poverty”

Green Car Congress

Of the £44, £16 (US$24) is used to buy gasoline and diesel and £8.30 (US$12) is spent on insurance. The high level of expenditure is revealed in analysis of previously unreleased data from the Office for National Statistics which has been seen by the RAC Foundation. Diesel prices are a few p higher per liter. p/liter (US$7.54/gallon