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Report suggests low-speed electric vehicles could affect Chinese demand for gasoline and disrupt oil prices worldwide

Green Car Congress

Low-speed electric vehicles (LSEVs) could reduce China’s demand for gasoline and, in turn, impact global oil prices, according to a new issue brief by an expert in the Center for Energy Studies at Rice University’s Baker Institute for Public Policy. “ —Gabriel Collins.

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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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Unraveling the Complexities of EV Charging Pricing Policies

Setec Powerr

Unraveling the Complexities of EV Charging Pricing Policies As electric vehicles (EVs) become increasingly prevalent, the need for a comprehensive understanding of EV charging pricing policies is more important than ever. They can choose to price based on kilowatt-hour (kWh), time, or set a flat rate.

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EV Pricing Could Go The Way Of Gasoline Pricing. In Other News, Sky is Blue

The Truth About Cars

Many so-called “analysts” in this industry more than live up to the first four letters in their name, either crying foul over something obvious or failing to recognize the trainwreck of a situation until it’s far too late. Prices at the pump took off just in time for the long weekend? The latest? Been going on for years.

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

Green Car Congress

In the AEO2022 Reference case, transportation and industrial processes are the primary consumers of petroleum and other liquids in the United States. EIA projects that US industrial sector energy consumption will grow more than twice as fast as any other end-use sector from 2021 to 2050. Source: U.S.

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President Biden calls on Congress, States for fuel tax holiday; increase in refinery capacity

Green Car Congress

President Biden called on Congress to suspend the federal gas tax for the next 90 days, through the busy summer driving season—18 cents per gallon for gasoline and 24 cents per gallon for diesel. He also continued his calls for the oil industry to increase refinery capacity to increase production.

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Nonprofits Fueling the EV Industry

Clean Fleet Report

The electric vehicle (EV) industry is about to have its most significant sales spike thanks to international legislation and nonprofits ramping up support efforts. The accessibility of EVs is still not ideal due to high prices and limited access to charging stations. Here are three nonprofits fueling the EV industry.