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EIA: China is now the world’s largest net importer of petroleum and other liquid fuels

Green Car Congress

On the demand side, China’s liquid fuels use is expected to reach more than 11 million barrels per day in 2014, while US demand hovers close to 18.9 In the meantime, Chinese production will increase at a much lower rate (5% over this period) and is forecast to be only one-third of US production in 2014. million barrels per day in 2005.

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RAND reports suggest US DoD use less petroleum fuel to deal with high prices, not count on alternatives

Green Car Congress

From a cost perspective, the potential of alternative fuels is of limited, if any value, according to the lead report written by James Bartis, a RAND senior policy researcher. While DoD and the services will have access to the wholesale fuel supplies they require, the purchase price may be uncomfortably high. Earlier post.).

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EV myths busted: Are electric vehicles actually good for the environment?

Drive Electric

Because EVs run on electricity, the vehicle emits no exhaust from a tailpipe and does not contain the typical liquid fuel components in ICEVs. It makes sense that during their usable life, electric vehicles are better for the environment than their ICEV counterparts, as they aren’t powered by fossil fuels.

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EV myths busted: Are electric vehicles actually good for the environment?

Drive Electric

Because EVs run on electricity, the vehicle emits no exhaust from a tailpipe and does not contain the typical liquid fuel components in ICEVs. It makes sense that electric vehicles are better for the environment than their ICEV counterparts, as they aren’t powered by fossil fuels. Manufacturing an Electric Vehicle.