Remove Gas Remove Gasoline Remove Price
article thumbnail

Prometheus CEO outlines tech advances that could make CO2-to-fuels renewable gasoline and jet price-competitive with fossil fuels

Green Car Congress

In a commentary in the journal Joule , Rob McGinnis, founder and and CEO of Prometheus , a company that is developing technology to remove carbon dioxide from the air and turn it into fuels, discusses the technology advances that could lead to the potential price-competitiveness of renewable gasoline and jet with fossil fuels.

Gasoline 357
article thumbnail

EIA: Petroleum and natural gas will be the most-used fuels in the US through 2050

Green Car Congress

In this case—which reflects only current laws and regulations—renewable energy is the fastest-growing energy source through 2050, while petroleum remains the largest share of energy consumption throughout that period, followed by natural gas. Source: U.S. Energy Information Administration, Annual Energy Outlook 2022 (AEO2022).

Gas 459
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Study: gasoline is more important than healthcare for Americans

Green Car Congress

Americans collectively spent $388 billion on gasoline in 2018, averaging to 34 million fill-ups a day. The study found that respondents categorized gasoline as a household expenditure that is more important than other major expenses such as healthcare and savings/emergency funds, only behind groceries, housing/rent, and utilities.

Gasoline 304
article thumbnail

Recent changes in the price of gasoline and in the amount of driving

Green Car Congress

One possible consequence of the recent jump in the price of gasoline in the United States might be a reduction in driving. For example, it is possible that the jump in the gas price pulled the amount of driving down, while the decline in the pandemic pushed it up. Price of gasoline. Amount of driving.

Gasoline 274
article thumbnail

US average retail gasoline prices ended 2017 lower than they started

Green Car Congress

US regular retail gasoline prices averaged $2.72 However, a rapid price decline beginning in October led to US average regular gasoline prices ending the year lower than they began for the first time since 2015, according to the US Energy Information Administration (EIA). gal at least once in 2018. gal to $2.91/gal

Gasoline 236
article thumbnail

EIA: Average US retail gasoline price exceeds $3.00 for the first time since late 2014

Green Car Congress

Disruptions to Colonial Pipeline operations prompted an increase in the average US retail price for regular grade gasoline (retail gasoline price) to $3.03 per gallon (gal) on 17 May, the first time retail gasoline prices averaged more than $3.00/gal gal and $3.04/gal, gal and $3.04/gal, gal and $2.78/gal,

Gasoline 243
article thumbnail

BMW i Ventures invests in Prometheus Fuels; CO2 air-capture and conversion to carbon-neutral gasoline

Green Car Congress

BMW i Ventures has invested in Prometheus Fuels ( earlier post ), a company removing CO 2 from the air and turning it into zero-net carbon gasoline that it will sell at gas stations, at a price that competes with fossil fuels, starting as early as this year. The effective upgrading of alcohols to gasoline, diesel, and jet fuels.

Gasoline 321