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EIA expects continued high prices for diesel and home heating oils

Green Car Congress

The US Energy Information Administration (EIA) expects that low inventories of distillate fuels, which are primarily consumed as diesel fuel and heating oil, will lead to high prices through early 2023. Inventories are just one part of the supply equation for diesel and other distillates. EIA forecasts Russia will produce 9.3

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EIA expects increased US crude oil production, with continued high petroleum prices in 2022

Green Car Congress

Despite the increases in production, EIA expects the Brent crude oil price to remain above $100 per barrel this year, according to the agency’s May 2022 Short-Term Energy Outlook (STEO). EIA also published its annual Summer Electricity Industry Outlook , which forecasts that continued US economic growth will increase electricity use by 0.4%

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Ford opens E-Transit Registration site for commercial customers; new pricing

Green Car Congress

Along with the registration site, the E-Transit electric vans have updated pricing, with a targeted starting MSRP of $43,295 for the cutaway—lower than originally announced—to $52,690 for the high-roof extended-wheelbase cargo van. And E-Transit can further help save on operating costs compared to gas-only vans.

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Responsible Battery Coalition and U Michigan launch study to compare electric and gas vehicle lifetime costs

Green Car Congress

The Responsible Battery Coalition, in partnership with the University of Michigan Center for Sustainable Systems, launched a comprehensive research project to compare the total cost of ownership of gas and electric vehicles (EVs). Projections of future gasoline and electricity prices. Anticipated driving patterns.

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Tesla lawsuit alleging repairs and parts monopoly has been dismissed

Teslarati

A judge has ruled in Tesla’s favor in a lawsuit claiming that the automaker has monopolized parts and services and forced customers to pay high prices alongside long wait times. The suit combined five separate lawsuits in which drivers paid for repairs and parts services from Tesla since March 2019.

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Study: Product means more than gas prices in stoking EV demand

Green Car Reports

Electric vehicle demand appears to be past a critical inflection point, and there’s some evidence that it’s driven by product more than traditional economic aspects like gas prices. The consulting firm AutoPacific has for many years, as part of a bi-monthly study of 500.

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Analysis finds annual running cost of EVs less than ICE; but with purchase price factored in, it flips

Green Car Congress

Self Financial, a fintech company, has compared the running costs of electric and non-electric vehicles in each state. Across the US the average annual cost of running an electric vehicle is $2,721.96, while gasoline vehicles cost an average of $3,355.90 per year to run—a difference of $633.94

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