Green Car Congress

MAY 30, 2018

Gasoline is one of the products refined from crude oil. Thus, the price of crude oil should have a strong influence on the price of gasoline. However, the retail price of gasoline includes other costs as well. Gasoline prices are also influenced by gasoline demand relative to gasoline supply.

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Oil Prices Gasoline Oil Price 220

Green Car Congress

JUNE 2, 2022

This post examines the recent changes in the costs of powering gasoline, diesel, and electric vehicles. The expectation was that the cost of electricity had recently increased much less than the costs of gasoline and diesel. The table below shows all available average monthly prices for 2022. Month (2022). Electricity. $/g.

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Gasoline-Electric Gasoline Cost Of Diesel 321

Energy Institute at HAAS

JANUARY 9, 2023

The rest of the US may have moved on from fretting about gas prices, but California is starting 2023 with … Continue Reading What’s the Matter with California’s Gasoline Prices? To develop effective solutions, policymakers must first understand the problem.

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Gasoline Price California Gas 128

Green Car Congress

JANUARY 5, 2019

US regular retail gasoline prices averaged $2.72 However, a rapid price decline beginning in October led to US average regular gasoline prices ending the year lower than they began for the first time since 2015, according to the US Energy Information Administration (EIA). gal at least once in 2018. gal to $2.91/gal

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Gasoline San Francisco Price 2017 236

Green Car Congress

JANUARY 30, 2020

In a commentary in the journal Joule , Rob McGinnis, founder and and CEO of Prometheus , a company that is developing technology to remove carbon dioxide from the air and turn it into fuels, discusses the technology advances that could lead to the potential price-competitiveness of renewable gasoline and jet with fossil fuels.

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Gasoline Renewable Fuel Price 357

Green Car Congress

AUGUST 9, 2023

EIA expects sustained global demand for petroleum products and Saudi Arabia’s extended voluntary production cuts will contribute to oil prices rising through the year. The Brent crude oil price was near $75 per barrel at the beginning of July and increased throughout the month to surpass $86 per barrel on 4 August. per gallon.

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Oil Oil Prices Global Price 370

Green Car Congress

NOVEMBER 12, 2019

The number of vehicle miles traveled (VMT) often mirrors changes in the price of gasoline, according to data presented bybthe US Department of Energy (DOE). The figure below shows the percentage change in gasoline prices and VMT from one year to the next (e.g., Prices are for regular gasoline.

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Gasoline Price Miles Vehicles 207

The Truth About Cars

FEBRUARY 9, 2024

A specter of EV charging prices eventually going the way of gasoline prices, complete with dynamic pricing and unpredictable costs. Prices at the pump took off just in time for the long weekend? The latest? You know – things with which drivers of ICE-powered vehicles have been dealing for decades.

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Price Gasoline Gasoline-Electric Charging 99

Energy Institute at HAAS

MAY 2, 2022

As with any expertise, it takes thousands of hours to … Continue Reading What’s the Matter With Gasoline Prices? Political rhetoric from both sides is more distracting than enlightening. Being an energy economist isn’t as glamorous as it looks.

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Gasoline Price Energy 134

Green Car Congress

MAY 22, 2019

Low-speed electric vehicles (LSEVs) could reduce China’s demand for gasoline and, in turn, impact global oil prices, according to a new issue brief by an expert in the Center for Energy Studies at Rice University’s Baker Institute for Public Policy. “

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Oil Prices Gasoline-Electric Gasoline Oil 330

Green Car Congress

JULY 7, 2022

AAA publishes a daily map that divides the states into five groups, depending on the average price of regular gasoline. On July 5, 2022, two adjacent states had a unique relationship: they belonged to the two extreme AAA price groups, with Illinois in the highest price group and Kentucky in the lowest price group.

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Gasoline Kentucky Illinois Miles 259

Green Car Congress

JULY 18, 2020

The PODA model is a machine-learning-based model to project the US gasoline demand using COVID-19 pandemic data, government policies and demographic information. The Motor Gasoline Demand Estimation Module quantifies motor gasoline demands due to the changes in travel mobility. —Ou et al.

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Gasoline Motor Motors Motoring 505

Green Car Congress

MAY 1, 2020

Although both diesel and gasoline are made from oil, the trends in their prices do not always go in parallel. While personal driving (which uses primarily gasoline) is down greatly because of various stay-at-home mandates, commercial truck transport (which uses primarily diesel) has been substantially less affected.

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Diesel Gasoline 2020 Price 170

Green Car Congress

FEBRUARY 24, 2023

In January 2023, state taxes and fees on gasoline and diesel fuel averaged $0.3163 per gallon (gal) of gasoline and $0.3388/gal of diesel fuel, according to the US Energy Information Administration (EIA). For example, New York State taxes for both diesel and gasoline rose $0.088/gal in January 2023 compared with July 2022.

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Tax Gasoline Diesel Fuel Tax 273

Green Car Congress

FEBRUARY 13, 2019

Americans collectively spent $388 billion on gasoline in 2018, averaging to 34 million fill-ups a day. The study found that respondents categorized gasoline as a household expenditure that is more important than other major expenses such as healthcare and savings/emergency funds, only behind groceries, housing/rent, and utilities.

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Gasoline 2018 2017 Gas 304

Green Car Congress

DECEMBER 8, 2020

Gasoline sales fell 8.4% (nearly 185 million less gallons) from the previous week for the seven-day period ending 28 November, bringing consumption to the lowest level for a Thanksgiving Week in 23 years, going back to 1997. Northeastern gasoline sales dropped 10.1% —Tom Kloza, executive director, IHS Markit.

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Gasoline 2020 Wyoming New Jersey 321

Green Car Congress

APRIL 29, 2022

In the second half of the year, China processed slightly less crude oil and began exporting significantly less gasoline and diesel than in the first half of the year to ensure sufficient domestic supply. China’s crude oil processing has also declined because relatively high crude oil prices are making importing crude oil more expensive.

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Oil China Gasoline Diesel 370

Green Car Reports

MAY 15, 2020

Achieving price parity with gasoline cars is a prerequisite of widespread electric-car adoption. New low-cost batteries designed to last a million miles are being developed to enable Tesla to sell electric cars profitably at the same price or less than comparable gasoline cars.

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Gasoline Miles Price Batteries 167

Green Car Congress

JUNE 10, 2020

BMW i Ventures has invested in Prometheus Fuels ( earlier post ), a company removing CO 2 from the air and turning it into zero-net carbon gasoline that it will sell at gas stations, at a price that competes with fossil fuels, starting as early as this year. The effective upgrading of alcohols to gasoline, diesel, and jet fuels.

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Gasoline Carbon Conversion BMW 321

Green Car Congress

OCTOBER 13, 2020

This brief analysis examines the relative cost of the energy from milk and gasoline. The average price of conventional (not organic) whole milk in September 2020 was $3.56 Currently, a gallon of gasoline (with ethanol) contains 120,286 Btu of energy. The average price of regular gasoline in September 2020 was $2.183 per gallon.

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Gasoline Cost Of Automobile Energy 321

Green Car Congress

JANUARY 11, 2023

The US Energy Information Administration (EIA) expects global consumption of liquid fuels such as gasoline, diesel, and jet fuel, to set new record highs in 2024. EIA forecasts that the European benchmark Brent crude oil price will average less than $80 per barrel in 2024, more than 20% lower than in 2022. per gallon in 2023 and $3.10

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Oil Prices Oil Global Price 210

Green Car Congress

JANUARY 4, 2022

Energy prices used in the S&P Goldman Sachs Commodity Index (GSCI) ended 2021 59% higher than the first trading day of the year, according to the US Energy Information Administration (EIA). Price increases were largely driven by increased demand from the initial phase of global economic recovery from the COVID-19 pandemic.

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Price Energy Oil Gasoline 273

Green Car Congress

MARCH 21, 2022

On Friday, Maryland Governor Larry Hogan signed emergency bipartisan legislation ( SB1010 / HB1486 ) to suspend immediately the state of Maryland’s gasoline and diesel tax for 30 days. cents per gallon tax for gasoline, and the 36.85 For 2022, the gasoline state excise tax rate is $0.291 per gallon; for diesel, the rate is $0.326.

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Maryland Georgia Tax Gasoline 150

Green Car Reports

JUNE 9, 2020

Hydrogen fuel-cell cars face many roadblocks to mass adoption, but a new report claims they could achieve price parity with gasoline by 2025.

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Gasoline Hydrogen Price Fuel 198

Green Car Congress

APRIL 1, 2023

Nacero will transition its current pre-construction, multi-billion USD facility in Penwell, Texas—designed to produce low carbon gasoline—to the production of sustainable aviation fuel (SAF) and lower carbon aviation fuel (LCAF). TIGAS efficiently produces high-value gasoline from natural gas, shale gas, or associated gas.

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Gasoline Carbon Texas Gas 199

Green Car Congress

DECEMBER 15, 2014

The 28% drop in the US average retail price of gasoline since 23 June may not have much effect on automobile travel, and in turn, gasoline consumption, according to an analysis by the US Energy Information Administration (EIA). Gasoline is a relatively inelastic product—i.e., per gallon on June 23, to $2.68

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Gasoline Price Fuel Economy Automobile 210

Green Car Congress

MAY 11, 2022

Despite the increases in production, EIA expects the Brent crude oil price to remain above $100 per barrel this year, according to the agency’s May 2022 Short-Term Energy Outlook (STEO). Higher electricity prices mean that the average US household will pay about the same amount for electricity this summer as last summer.

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Oil Price Production Oil Prices 344

Green Car Congress

JANUARY 5, 2018

US regular retail gasoline prices averaged $2.41 Higher crude oil prices in 2017 contributed to higher gasoline prices. Source: US EIA, Gasoline and Diesel Fuel Update. In 3 of the 10 cities for which EIA collects weekly retail price data, gasoline prices exceeded $3.00/gal

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San Francisco 2017 Gasoline 2016 150

Green Car Congress

DECEMBER 6, 2016

Fuel taxes in the United States in 2015 accounted for 19% of the price of a gallon of gasoline, down from just under 30% in 1990, according to figures compiled by the US Department of Energy (DOE). By comparison, in France, Germany, and the United Kingdom, taxes accounted for more than half of the total price for both 1990 and 2015.

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Tax 2015 Gasoline Price 150

Green Car Congress

SEPTEMBER 19, 2013

The retail price of E85 motor fuel (a gasoline blend with up to 85% ethanol), has fallen in recent months, notes the US Energy Information Administration (EIA). Daily average E85 and E10 prices in select Midwestern states. Source: EIA. Click to enlarge.

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Gasoline Price Energy Parts 322

CleanTechnica EVs

SEPTEMBER 1, 2023

On the Monday before the Labor Day weekend, August 28, 2023, the retail price of regular gasoline averaged $3.81 gasoline inventories, and announced refinery maintenance in the Northeast have increased the regular gasoline retail price […] per gallon (gal) across the United States.

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Saudi Arabia Price Gas Gasoline 92

Green Car Congress

APRIL 23, 2021

Nacero has licensed Topsoe TIGAS (Topsoe Improved Gasoline Synthesis) technology for its multi-billion USD natural-gas-to-gasoline facility in Penwell, Texas to produce 100,000 barrels per day of gasoline component ready for blending into US commercial grades. The captured CO 2 will be used for enhanced oil recovery.

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Gasoline Turkmenistan Gas Carbon 221

Energy Institute at HAAS

DECEMBER 11, 2023

New Energy Institute working paper finds retailers cut prices when rivals are nearby. Gasoline is virtually the same product no matter where you buy it, yet retail prices range considerably. … Continue Reading Does Station Competition Drive Gas Prices?

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Price Gas Buy Gasoline 89

Green Car Congress

MARCH 27, 2020

A sudden drop in miles traveled by car in the US triggered by wide-spread social isolation measures will have immediate ramifications for gasoline demand. IHS Markit analysis finds that US gasoline demand could fall by as much as 4.1 The four-week average US gasoline demand for the week ending 6 March 2020 was 9.1

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Gasoline 2020 Gasoline-Electric 2008 269

Green Car Congress

JUNE 1, 2019

EPA is also finalizing regulatory changes to reform certain elements of the RIN compliance system of the RFS program to increase transparency and deter price manipulation in the RIN market. Earlier post.).

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EPA Gasoline Sale Renewable 220

Green Car Congress

MAY 24, 2022

On 16 May 2022, the average US on-highway retail diesel fuel price was $5.61 Although retail diesel prices have increased across the entire United States, prices in the Northeast have increased the most and are now among the highest in the country. On 16 May, the average retail diesel price was $6.43/gal

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Diesel Price California Philadelphia 259

Green Car Congress

JULY 17, 2012

Knittel/Smith results for implied gasoline price effects from elimination of ethanol for 2010 using Du/Hayes model and pooled-sample estimates. Put simply, the empirical results merely reflect the fact that ethanol production increased during the sample period whereas the ratio of gasoline to crude oil prices decreased.

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Davis MIT Gasoline 2010 334