Gasoline, Oil Prices and Tax Credit

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

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.

Transportation

Transportation Gasoline Lithium Ion Gasoline-Electric

ICCT suggests minor changes to Fed tax policy to cut higher investment risk of 2nd-gen biofuels and advance the industry

Green Car Congress

DECEMBER 22, 2013

Environmental Protection Agency drastically lowering the amount of cellulosic biofuel that must be blended into gasoline and diesel each year. In addition, the industry faces barriers from the impending “blend wall” of 10% ethanol in gasoline and uncertainty regarding policies and oil prices.

Tax

Tax Tax Credit Industrial Industry

EIA AEO2015 projects elimination of net US energy imports in 2020-2030 timeframe; transportation energy consumption drops

Green Car Congress

APRIL 14, 2015

AEO2015 presents updated projections for US energy markets through 2040 based on six cases (Reference, Low and High Economic Growth, Low and High Oil Price, and High Oil and Gas Resource) that reflect updated scenarios for future crude oil prices. trillion cubic feet (Tcf) in the Low Oil Price case to 13.1

2020

2020 Energy Transportation Oil Prices

Global biofuels production up 17% in 2010 to hit all-time high of 105 billion liters

Green Car Congress

AUGUST 31, 2011

High oil prices, a global economic rebound, and new laws and mandates in Argentina, Brazil, Canada, China, and the United States, among other countries, are all factors behind the surge in production, according to research conducted by the Worldwatch Institute’s Climate and Energy Program for the website Vital Signs Online.

2010

2010 Brazil Global Argentina

EIA: light duty vehicle energy consumption to drop 25% by 2040; increased oil production, vehicle efficiency reduce US oil and liquid imports

Green Car Congress

DECEMBER 16, 2013

Among the more detailed transportation projections in AEO2014 are: LDVs powered by gasoline remain the dominant vehicle type in the AEO2014 Reference case, retaining a 78% share of new LDV sales in 2040, down from their 82% share in 2012. New vehicle sales shares are generally similar in AEO2014 and AEO2013 but with moderate variation.

Oil

Oil Light Energy Vehicles

National Research Council report finds it unlikely the US will meet cellulosic biofuel mandates absent major innovation or a change in policies

Green Car Congress

OCTOBER 4, 2011

As of 2010, biofuel production was contingent on subsidies, tax credits, the import tariff, loan guarantees, RFS2, and similar policies. Given the current blend limit of up to 15-percent ethanol in gasoline, a maximum of 19 billion gallons of ethanol can be consumed unless the number of flex-fuel vehicles increases substantially.

Renewable

Renewable Tax Credit Conversion Standards

Sandia Labs/GM Biofuels Systems Study Concludes Large-Scale Production of Advanced Biofuels is Achievable and Sustainable

Green Car Congress

FEBRUARY 10, 2009

Ninety billion gallons of ethanol (the energy equivalent of approximately 60 billion gallons of gasoline—about one-third of projected consumption by 2030) per year by 2030 was chosen as the book-end target to understand the requirements of an aggressive biofuels deployment schedule.

GM

GM Production Conversion Oil Prices

EIA Energy Outlook 2011 more than doubles estimates of US shale gas resources; higher production at lower prices

Green Car Congress

DECEMBER 17, 2010

Among the transportation-related updates going into AEO2011, the EIA increased the limit for blending ethanol into gasoline for approved vehicles from 10% to 15%, as a result of the waiver granted by the US Environmental Protection Agency (EPA) in October 2010. Transportation updates.

Gas

Gas 2011 Price Energy

Expert panel report finds achieving 1M plug-in vehicles in US by 2015 would require concentrated action to overcome barriers

Green Car Congress

FEBRUARY 4, 2011

However, consumer demand for PEVs is quite uncertain and, barring another global spike in oil prices, may be limited to a minor percentage of new vehicle purchasers (e.g., Policy Instruments. Recent public policies in the United States and other countries have improved the prospects for initial commercialization of PEVs.

Plug-in

Plug-in 2015 Plug Recharge

Honda May Develop Plug-In as Obama Alters U.S. Policy (Update2) - Bloomberg.com

Tony Karrer Delicious EVdriven

APRIL 30, 2009

Honda, which began leasing hydrogen fuel cell FCX Claritysedans in Los Angeles last year, still sees hydrogen as the bestlong-term alternative to gasoline as a fuel that can cut carbonexhaust tied to global warming, President Takeo Fukui said in aninterview. in Japan’s Kyoto prefecture to make packsfor gasoline-electric hybrid cars.

Obama

Obama Honda Plug-in Plug

Nissan’s Big Gamble

Revenge of the Electric Car

JULY 14, 2009

The best thing about the Nissan is the expected price range of $25K- $34K. This is before the $7,500 federal tax credit. “A lot of Americans really want to stop using imported oil,&# he says. “We’re excited about being able to market a car that will never use a drop of gasoline.&#.

Nissan

Nissan Japan United States Gasoline-Electric

EV Driven

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

ICCT suggests minor changes to Fed tax policy to cut higher investment risk of 2nd-gen biofuels and advance the industry

EIA AEO2015 projects elimination of net US energy imports in 2020-2030 timeframe; transportation energy consumption drops

Global biofuels production up 17% in 2010 to hit all-time high of 105 billion liters

EIA: light duty vehicle energy consumption to drop 25% by 2040; increased oil production, vehicle efficiency reduce US oil and liquid imports

National Research Council report finds it unlikely the US will meet cellulosic biofuel mandates absent major innovation or a change in policies

Sandia Labs/GM Biofuels Systems Study Concludes Large-Scale Production of Advanced Biofuels is Achievable and Sustainable

EIA Energy Outlook 2011 more than doubles estimates of US shale gas resources; higher production at lower prices

Expert panel report finds achieving 1M plug-in vehicles in US by 2015 would require concentrated action to overcome barriers

Honda May Develop Plug-In as Obama Alters U.S. Policy (Update2) - Bloomberg.com

Nissan’s Big Gamble

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