Gasoline Global Oil Stimulus 
Green Car Congress
APRIL 7, 2021
EIA also forecasts the Brent crude oil price will average $64 per barrel this summer, a 78% increase from last summer’s average of $36 per barrel. That price increase paired with an increase in gasoline and diesel demand will likely increase the cost of regular gasoline and diesel fuel this summer. gal on 22 March. million b/d.
Green Car Congress
FEBRUARY 17, 2012
Pike Research forecasts that the global market for biofuels will more than double over the coming decade, increasing from $82.7 BGPY in 2011) would represent just 7% of the estimated global transportation fuels market in 2021. The Americas are projected to account for 71% of global biofuels production. billion in 2011 to $185.3
Green Car Congress
JANUARY 1, 2011
” Their analysis is in the context of the “ surprising [oil] demand strength of 2010 “; 2010 saw absolute incremental demand at around 2.2mb/d of growth—the second highest in 30 years, despite oil prices in the $90/bbl region. gallon gasoline. Click to enlarge. He also believes that sub-1.6L
Green Car Congress
OCTOBER 13, 2011
Pike forecasts that the global market for biofuels will increase from $82.7 between 2017 and 2021, as a combination of higher oil prices, emerging mandate. Pike projects that the Americas will account for 71% of global biofuels production. BGPY in 2011) would represent just 7% of the global transportation fuels market in 2021.
Green Car Congress
APRIL 7, 2010
EIA projects that world oil consumption will grow by 1.5 This growth is the result of an expected recovery in the global economy, with world gross domestic product (GDP, on an oil-weighted basis) assumed to rise by more than 3 percent per year. US crude oil production averaged 5.32 per gallon last summer.
Green Car Congress
APRIL 22, 2009
Headwaters Incorporated has formed a joint venture with the University of Utah—Headwaters Clean Carbon Services LLC (HCCS)—which will provide a full range of services for CO 2 geologic storage and CO 2 used for enhanced oil recovery and enhanced coalbed methane recovery.
Green Car Congress
JULY 22, 2009
Dr. Paul addressed a positive change—the days of increasing US oil consumption may be over. “ We reached peak oil consumption in the US in 2008 and the same is true in the EU and Japan. ” M barrels/day of oil within the next 10 years ”. The US is in a race for global dominance in the new energy economy with China.
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