Green Car Congress

AUGUST 7, 2015

Lower crude oil prices and strong demand for petroleum products, primarily gasoline, both in the United States and globally, have led to favorable margins that encourage refinery investment and high refinery runs. Total US motor gasoline product supplied is up 2.9% through the first five months of the year compared with 2014.

Gasoline 150

Gasoline 2014 Louisiana Oil 150

Green Car Congress

APRIL 16, 2010

The record gasoline production in March makes it abundantly clear that supply is not an issue with the higher gasoline prices we’ve seen. Sharply higher crude oil prices are driving that, and they continue to put upward pressure on the price at the pump. Domestic crude oil production in March 2010 hit 5.5

Gasoline 186

Gasoline North Dakota Production 2009 186

Green Car Congress

AUGUST 30, 2009

The oil price shocks of the 1970s led the Brazilian government to address the strain high prices were placing on its fragile economy. Brazil, the largest and most populous country in South America, was importing 80% of its oil and 40% of its foreign exchange was used to pay for that imported oil.

Transportation 317

Transportation Fuel Renewable Gasoline-Electric 317