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Estimated attribution of fuel savings due to fuel economy improvements to light-duty vehicles since 1975. Since 1975, the test-cycle fuel economy of light-duty vehicles (passenger cars and light trucks) sold in the U.S. Also since 1975, light-duty vehicle travel increased by 134% while fuel use increased by only 37%.
a company engaged in the emission-free electrification of OEM vehicles, has signed a letter of intent (LOI) with Northern Lights Energy ( NLE ) to support the introduction of all-electric SUVs into Iceland as part of a national electric vehicle (EV) project. Iceland has no domestically-produced oil, according to the CIA World Factbook.
Meeting the goal of cutting US oil dependence depends largely on two things, Obama said: finding and producing more oil at home, and reducing dependence on oil with cleaner alternative fuels and greater efficiency. The Administration is pushing the oil industry to produce on leases already held.
Christian Paradis, Canada’s Minister of Industry, announced on Friday that the federal government is allowing two major acquisitions of oil sands companies by foreign state-owned enterprises (SOEs): the $15.1-billion And, Canadians expect that we shall approve foreign investments that are of net benefit to Canada.
Velocys plc, a developer and supplier of smaller scale gas-to-liquids (GTL) technology, announced a new manufacturing partnership with and new share purchase by Shiloh Industries, Inc. Shiloh is a North American supplier of engineered metal products and light weighting solutions to the automotive industry.
An analysis of the US refining sector, based on linear programming (LP) modeling, finds that refining plausibly high volumes of Canadian oil sands crudes in US refineries in 2025 would lead to a modest increase in refinery CO 2 emissions (ranging between 5.4% to 9.3%) from a 2010 baseline, depending upon the supply scenario.
The study considers five different powertrains (internal combustion engine, hybrid-electric, plug-in hybrid-electric, fuel-cell-electric, and battery-electric) and 12 cost components (purchase cost, depreciation, financing, fuel, insurance, maintenance, repair, taxes, registration fees, tolls and parking, payload capacity and labor).
Change in primary oil demand by sector and region in the central New Policies Scenario, 2010-2035. Under the WEO 2011 central scenario, oil demand rises from 87 million barrels per day (mb/d) in 2010 to 99 mb/d in 2035, with all the net growth coming from the transport sector in emerging economies. Click to enlarge. billion in 2035.
The Electrification Roadmap calls for 75% of light-duty VMT in the US to be electric by 2040. Achieving this will require a minimum of 25% of new light-duty vehicles purchased in the US to be grid-enabled vehicles (GEV) by 2020. As a result, oil consumption in the light-duty fleet would be reduced to just 2.0
In the Reference case, petroleum and other liquids (mainly motor gasoline and distillate fuel oil) are the primary fuels consumed in the US transportation sector. Motor gasoline meets on-road passenger light-duty vehicle (LDV) travel demand, while diesel consumption meets our assumed increases in medium- and heavy-duty freight truck travel.
has sold a 10% interest in the Northern Lights Partnership (NLP) to SinoCanada Petroleum Corporation (SinoCanada), a subsidiary of China Petroleum & Chemical Corporation (Sinopec). Total Canada acquired the remaining 60% interest when it purchased Synenco Energy Inc. UTS is a 20% partner in the Fort Hills oil sands project.
CIC has also agreed to purchase trust units of Penn West on a private placement basis. Under the terms of the agreements to be executed at closing providing for the formation of the Joint Venture, Penn West will contribute the oil sands assets, valued at approximately C$1.8 billion, and will retain a 55% partnership interest.
The rivalry between Saudi Arabia and Iran is becoming increasingly evident in the oil pricing policies of the two large Middle Eastern producers. sanctions on Iranian oil. Iran, OPEC’s third-largest producer, is trying to convince its oil customers to continue buying Iranian oil despite stringent U.S. sanctions kick in.
China’s Sinopec International Petroleum Exploration and Production Corporation will purchase of all of the issued and outstanding common shares of Daylight Energy Ltd., a Canadian intermediate oil and liquids-rich natural gas producing company with a suite of resource assets in Western Canada, for approximately C$2.2
In contrast to arguments that peak conventional oil production is imminent due to physical resource scarcity, a team from Stanford University and UC Santa Cruz has examined the alternative possibility of reduced oil use due to improved efficiency and oil substitution. 2010, to above 140 $/bbl in constant 2010 dollars).
will construct the Diamond Pipeline, a 440-mile (708 km), 20-inch crude oil pipeline that will provide capacity of up to 200,000 barrels per day of domestic sweet crude from the Plains Cushing, Okla. Valero holds an option until January 2016 to become a partner in the Diamond Pipeline and purchase a 50% interest.
Top findings of the telephone poll of 1,000 adults, conducted in May 2012 with a plus or minus three-point margin of error, include: 88% of those surveyed said the US should reduce oil consumption. CFA found that the belief that the US should cut back on oil consumption is associated with the desire for higher fuel economy.
The European Commission today proposed targets for the further reduction of carbon dioxide (CO 2 ) emissions from new cars and light commercial vehicles (vans) by 2020. the purchase price and costs of ownership for the first owner are still currently too high. grams in 2011 and a mandatory target of 130 grams in 2015.
The Chicago Transit Board awarded a $32-million contract to Proterra for the purchase of 20 new, all-electric buses. The two electric buses currently in operation have saved CTA more than $24,000 annually in fuel costs, and $30,000 annually in maintenance costs, when compared to diesel buses purchased in 2014.
The full AEO2010 report, including projections with differing assumptions on the price of oil, the rate of economic growth, and the characteristics of new technologies, will be released in early 2010, along with regional projections. As a result, reliance on imported oil declines significantly over the next 25 years. Source: EIA.
Under its most conservative of scenarios, more than 5 million light-duty electric-drive vehicles will be on the road in the US by 2035, according to a new forecast by IEE , an institue of the Edison Foundation. In this, electric light duty vehicles (LDVs) represent 2% of the registered vehicle stock (5.3 Source: IEE. Click to enlarge.
As part of that effort, the leaders committed to reduce greenhouse gas (GHG) emissions from light- and heavy-duty vehicles by aligning fuel efficiency and/or GHG emission standards out to 2025 and 2027, respectively.
A new MIT report outlines a system-oriented set of coordinated policies to help the light-duty vehicle sector reduce petroleum-based consumption and its accompanying global warming emissions. This increase would stimulate the purchase of more fuel-efficient vehicles and encourage consumers to consider other transportation choices.
Just over three months after the authorities lifted the four-decade ban on crude oil exports, the US has actually exported less this year than it did over the same period the year before, when the ban was still in place. crude oil export volumes since the beginning of this year. oil, according to a Reuters source. Census Bureau.
In a new report, Electric Vehicle Market Forecasts , Navigant research projects that under its base scenario, global sales of light duty electrified vehicles (i.e., These include the dive in oil prices that began in mid-2014, as well as the phasing out of some local government purchase incentives. million in 2024.
In 2014, light-, medium-, and heavy-duty natural gas vehicle (NGV) production/sales in the US totaled just over 18,000 vehicles, down 6.5% The light-duty segment fell 34% from 2013, mostly related to a drop in orders from the gas and oil exploration and production (E&P) sector. Source: NGVAmerica. Click to enlarge.
The Obama Administration will expand oil and gas development and exploration on the US Outer Continental Shelf, while protecting fisheries, tourism, and places off US coasts that it says are not appropriate for development. And the only way this transition will succeed is if it strengthens our economy in the short term and the long term.
Stationary Fuel Cells and Hybrid Transit Buses Incremental Costs: The purchase of diesel-electric hybrid transit buses and stationary fuel cells for use in the statewide bus system in Connecticut. Statewide Paratransit Bus Hybrid Program: Purchase 31 paratransit hybrid buses to replace 31 gas and diesel vehicles.
a junior oil and gas company targeting lightoil resource plays in Western Canada, for around C$223 million (US$213 million). The acquisition—which still needs approval—would be the largest purchase of a Canadian oil and gas company by a Chinese company since CNOOC’s $15.1-billion
AltAir operates a Renewable Diesel (RD) plant in Paramount, California, which produces RD and Renewable Naphtha (RN) using a mixture of animal tallow and small quantities of other non-edible vegetable oils. Tallow is fed into the pretreat reactor along with small quantities of vegetable oils/fats.
The single-speed gearbox is a plug-and-play and affordable solution to purchase a transmission to work with existing electric motors. With two ratio options and multiple mounting points for ease of installation, the E-Transmission is suitable for a range of vehicles from kit and classic cars through to light commercial vehicles.
Light-duty VMT is beginning to decouple from traditional drivers. The most recent of these In Focus articles explores the impact of demographics and behavior on light-duty vehicle (LDV) energy demand. million barrels of of oil equivalent per day—and represented nearly 10% of world petroleum liquids consumption.
Heckmann Corporation, a water solutions company focused on water issues worldwide and, in particular, oil and natural gas exploration and production, is teaming up with Encana Natural Gas Inc.,
In January, the Hastings on Hudson, New York Police Department welcomed a Model Y police cruiser into their fleet, only to receive several points of criticism from the purchase. The post Tesla Model Y joins a new Police Force, and incentives made it an affordable purchase appeared first on TESLARATI.
Relying on consumers to purchase ED85 instead of gasohol is too uncertain of an approach to meeting the mandate. Their model tracks the evolution of the light-duty vehicle parc in the US, its fuel usage, and corresponding demands for energy stocks. This oil price encourages biofuel use in the RFS2 timeframe, but not in the long run.
The biomass-to-cellulosic fuel technology platform combines KiOR’s proprietary catalyst systems with FCC processes that have been used in crude oil refineries to produce gasoline for more than 60 years. The crude oil proceeds to the hydrotreating unit to be refined into gasoline, diesel and fuel oil. —KiOR 10-K.
On a life-cycle basis this advantage is reduced, the MIT report notes, because the GHG emissions in production and distribution, including methane leakage, are greater for natural gas than for oil products. MIT: leaning toward conversion for light-duty vehicles. million bpd of oil. Tcf/year, equivalent to 1.3
The finished product generated by the RES Polyflow process is a light, sweet liquid known as pygas. This stream is equivalent in quality and consistency to benchmark crude oil and can be tailored to the specific requirement of an off-take customer.
The light duty vehicle market is big enough for both fuel cell and battery technologies to succeed. H2V market success will vary with the price of oil, but technology advances are more important. Initial projection of purchase probability. The key factor in H 2 V success is fuel cell technology. Source: Dr. David Greene.
earlier post ), is partnering with Equipment Maintenance Innovators (EMI-Global) to distribute HHS hydraulic hybrid retrofit systems for light- and medium-duty commercial fleet vehicles. HHS’s upfit solution is a high-efficiency, light-weight parallel hydraulic hybrid propulsion system inserted within the driveline of a vehicle.
Included with your purchase is a 5Ah battery and charger, giving you everything needed to kick gas and oil to the curb. Head below for more deals on LED lights, electric scooters, and of course Electrek’s best EV buying and leasing deals. Plus, it can mulch, bag, and discharge.
November 27, oil consuming countries will celebrate the first anniversary of the Saudi decision to let market forces determine prices. per barrel oil in 2015 and 2016 respectively, while the October projections are based $51.62 by Dalan McEndree for Oilprice.com. — Mad Max: Beyond Thunderdome. and $65.65 respectively.
Since it does not have an oil filter, a gearbox or a clutch, mechanical stresses, wear and breakage are significantly reduced and the brake pads suffer less wear as a result of the regenerative braking system. There are tax incentives in most European countries.
The Roadmap proposes completely transforming the US light-duty vehicle fleet into one in which grid-enabled mobility (grid-enabled vehicles, GEV) is the new conventional standard. By 2040, the report proposed, 75% of the light-duty vehicle miles traveled in the US should be electric miles. Oil Imports. Global Demand for Oil.
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