Gasoline Global Oil Prices South America 
Green Car Congress
APRIL 13, 2023
Energy Information Administration (EIA) increased its forecast for the 2023 Brent crude oil price by 2.5% This change came after OPEC and its partner countries (OPEC+) announced crude oil production cuts for 2023. Despite OPEC+ announcing it would cut crude oil production by 1.2 from its previous forecast. gal and $3.70/gal
Green Car Congress
FEBRUARY 3, 2015
IHS Automotive forecasts global automotive sales for 2015 to reach 88.6 In India, falling inflation, lower interest rates, energy prices and a regained confidence will help lift the car market into growth mode starting in 2015 after a two-year lull. North America. South America. million, an increase of 2.4%
Green Car Congress
FEBRUARY 23, 2017
China is the global leader in methanol use and has recently expanded its methanol production capacity. Methanol or its derivative products can be added to fuels such as gasoline and liquefied petroleum gases (LPG). Methanol, like ethanol, is an alcohol with inherent issues such as its solubility in water and corrosiveness.
Green Car Congress
AUGUST 30, 2009
The oil price shocks of the 1970s led the Brazilian government to address the strain high prices were placing on its fragile economy. Brazil, the largest and most populous country in South America, was importing 80% of its oil and 40% of its foreign exchange was used to pay for that imported oil.
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