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Pike Research forecasts global biofuels market to double by 2012 to $185.3B

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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

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EIA expects US motor fuel consumption to increase this summer, but remain below 2019 levels

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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. EIA expects the retail price of regular-grade gasoline in the United States will average $2.78 EIA forecasts retail gasoline prices to gradually fall to an average of $2.62/gal

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Deutsche Bank Forecast sees slower transportation electrification and greater gasoline demand near-term; increased confidence in the pace and breadth of long-term shift to efficient transportation systems

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Key developments in the transportation sector that they note include: Positive for gasoline demand: Strong Chinese car growth in 2010, particularly in the first half of the year, with vehicle sales up 30% year-on-year (YoY) through the first eleven months of 2010. gallon gasoline. He also believes that sub-1.6L Click to enlarge.

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Pike Research forecasts global biofuels market value to double to $185B by 2021

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Pike forecasts that the global market for biofuels will increase from $82.7 Pike projects that the Americas will account for 71% of global biofuels production. Pike Research estimates that the global gasoline market will reach an estimated 375 billion gallons per year (BGPY) in 2021. billion in 2011 to $185.3

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EIA Estimates 2.1% Growth in Fossil Fuel CO2 Emissions in US in 2010; Still Below 1999-2008 Levels

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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. EIA forecasts that regular-grade motor gasoline retail prices will average $2.92 per-gallon decline in gasoline prices from the previous year.

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Headwaters and University of Utah Form JV for Carbon Storage

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Headwaters said that momentum for creating an entirely new industry surrounding carbon capture and storage has been building since passage of the stimulus bill. The American Recovery and Reinvestment Act increases federal support for deployment of carbon capture and storage projects by 70% to more than $8 billion.

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Renewable Energy Generation: Change is not a destination, just as hope is not a strategy, a lesson exported from Detroit

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Globally, more than 100 nations have established renewable energy targets. The automotive industry is living proof that private companies will rarely change their behaviors without a significant stimulus to that change, and furthermore one that needs to be mandated. Gasoline prices varied for the week of 3/14 from $3.95

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