Remove Gasoline Remove Oil-Sands Remove Personal Remove Supplies
article thumbnail

ExxonMobil Outlook: 35% growth in energy demand by 2040; hybrids to account for ~50% of new vehicle sales

Green Car Congress

ExxonMobil expects that by 2030, China will have surpassed the United States as the country with the largest number of personal vehicles, even though China’s vehicles per capita will be about one-third the level of the United States at that time. China will see the largest increase—more than 4 million oil-equivalent barrels per day.

Oil-Sands 309
article thumbnail

ExxonMobil: global GDP up ~140% by 2040, but energy demand ~35% due to efficiency; LDV energy demand to rise only slightly despite doubling parc

Green Car Congress

The Outlook for Energy provides ExxonMobil’s long-term view of global energy demand and supply. The outlook is developed by examining energy supply and demand trends in 100 countries, 15 demand sectors covering all manner of personal and business needs and 20 different energy types. Transportation in general. billion in 2040.

Energy 252
article thumbnail

ExxonMobil Outlook projects hybrids and advanced vehicles to account for nearly 50% of cars globally by 2040; fuel demand for for personal vehicles to peak and decline, while commercial transportation demand rises 70%

Green Car Congress

While oil will remain the most widely used fuel, overall energy demand will be reshaped by a continued shift toward less-carbon-intensive energy source as well as steep improvements in energy efficiency in areas such as transportation, where the expanded use of advanced and hybrid vehicles will help push average new-car fuel economy to 48 mpg (4.9

Personal 408
article thumbnail

National Low Carbon Fuel Standard study releases major Technical Analysis and Policy Design reports; providing a scientific basis for policy decisions

Green Car Congress

Very broadly, they found that an LCFS would buffer the economy against global oil price spikes, trim demand for petroleum, and lessen upward pressure on gas prices. Set a target of reducing the carbon intensity of gasoline and diesel by 10 to 15 percent by 2030. Create separate fuel pools for gasoline and diesel.

Carbon 247
article thumbnail

2018 VW Tiguan and new 2.0 TSI B-cycle engine gives VW a strong offering in compact SUV segment

Green Car Congress

3 B-Cycle gasoline engine is the first example of Volkswagen’s “Rightsizing” strategy—an engine development strategy that looks to for the optimal balance of displacement, output, torque and efficiency based on vehicle class and real-world operating conditions, rather than just seeking to downsize. Third, the EA888 2.0TSI Gen.3

2018 314
article thumbnail

Electric Car Manufacturers Inspire New Paradigms -- Seeking Alpha

Tony Karrer Delicious EVdriven

It is reminiscent of the early 1900’s, when steam, electric, diesel, biomass, and gasoline power options competed on a level playing field for consumers’ attention. In the end, gasoline won out because it was the cheapest and delivered the most energy per unit, but it took 20 years to sort out. We have oil!

article thumbnail

Cleantech Blog: Smart Grids and Electric Vehicles

Tony Karrer Delicious EVdriven

An on-board computer system will indicate to the driver the remaining power supply and the nearest charging spot. Annual use of an EV should be less than the average cost of $8,000 per year for using a gasoline in many countries including the USA. Millions of EVs and PHEVs would expand the sale of electricity as an alternative to oil.

Grid 28