Miles, Oil Prices and Supplies

BNEF: Oil price plunge to have only moderate impact on low-carbon electricity development, but likely to slow EV growth

Green Car Congress

DECEMBER 22, 2014

The collapse in world oil prices in the second half of 2014 will have only a moderate impact on the fast-developing low-carbon transition in the world electricity system, according to research firm Bloomberg New Energy Finance. However, the slump in the Brent crude price per barrel from $112.36 on 30 June to $61.60

Oil Prices

Oil Prices Oil Price Carbon

Machine learning PODA model projects the impact of COVID-19 on US motor gasoline demand

Green Car Congress

JULY 18, 2020

The Motor Gasoline Demand Estimation Module estimates vehicle miles traveled on pandemic days while it considers the dynamic indices of travel mobility, and it quantifies motor gasoline demands by coupling the gasoline demands and vehicle miles travelled.

Gasoline

Gasoline Motor Motors Motoring

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

An OPEC Deal Extension Isn’t As Simple As It Sounds

Green Car Congress

MARCH 23, 2017

It’s been six months now that oil prices have been reacting to OPEC, first to the possibility of an agreement, and then to the production cut deal itself, forged by OPEC to rebalance the market. Having a smaller footprint globally would, in turn, mean that OPEC would wield less influence over the price of oil.

Iraq

Iraq Saudi Arabia Oil Oil Prices

Accenture Reports Identifies 12 Disruptive Technologies Most Likely to Transform Supply and Demand of Transport Fuels and Cut Emissions Within Next 10 Years

Green Car Congress

NOVEMBER 10, 2009

Accenture has identified 12 technologies that it concludes have the potential to disrupt the current views of transport fuels supply, demand and GHG emissions over the next 10 years. Will be competitive at an oil price of $45 to $90 at their commercial date. Source: Accenture. Click to enlarge.

Transportation

Transportation Supplies Emissions Fuel

FCA, IVECO and Snam sign MoU for development of natural gas as an environmentally friendly vehicle fuel

Green Car Congress

OCTOBER 6, 2016

Italy’s natural gas value chain in the transport sector is globally recognized for its technological and environmental excellence, and Italy is also able to leverage Europe’s largest, most accessible gas pipeline network, stretching over more than 32,000 km (20,000 miles). This will result in a direct benefit of €1.5 billion (US$1.7

Gas

Gas Fuel Italy Vehicles

US EIA Projects World Energy Use to Grow 44% Between 2006 and 2030, CO2 Emissions Up by 39%

Green Car Congress

MAY 27, 2009

World oil prices have fallen sharply from their July 2008 high mark. As the world’s economies recover, higher world oil prices are assumed to return and to persist through 2030. In the IEO2009 reference case, world oil prices rise to $110 per barrel in 2015 (in real 2007 dollars) and $130 per barrel in 2030.

2006

2006 Emissions Energy Oil-Sands

Study projects emission impacts of inexpensive, efficient EVs: 36% further reduction in LDV GHG by 2050, or 9% economy-wide

Green Car Congress

JUNE 7, 2017

In the OPT scenario, estimated well-to-wheels GHG emissions from full-size BEVs with 100-mile range are 62 gCO 2 -e mi –1 in 2050, while those from full-size ICEVs are 121 gCO 2 -e mi –1. In the OPT scenario BEVs gain a LDV market share of about 15%—all from 100-mile range EVs (BEV100) by 2030.

Emissions

Emissions Economy Gasoline-Electric Coal

Study finds no alternative to widespread switching of direct fuel uses to electricity to meet 2050 California GHG targets; putting detail in climate wedges

Green Car Congress

NOVEMBER 27, 2011

Technically feasible levels of energy efficiency and decarbonized energy supply alone will not be sufficient to reduce greenhouse gas emissions 80% below 1990 levels by 2050, according to a detailed modeling of the California economy performed by a team from Energy and Environmental Economics, the Monterey. Williams et al. Click to enlarge.

Climate

Climate California Fuel Gas-Electric

Perspective: US Needs to Transition to Hydrous Ethanol as the Primary Renewable Transportation Fuel

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. by Brian J.

Transportation

Transportation Fuel Renewable Gasoline-Electric

EIA Energy Outlook 2013 reference case sees drop in fossil fuel consumption as use of petroleum-based liquid fuels falls; projects 20% higher sales of hybrids and PHEVs than AEO2012

Green Car Congress

DECEMBER 5, 2012

Despite the projected increase in LDV miles traveled, energy consumption for LDVs further decreases after 2025, to 13.0 Biofuels grow at a slower rate due to lower crude oil prices and. After 2015, the Brent price increases, reaching $163 per barrel in 2040, as growing demand leads to the development of more costly resources.

Fuel

Fuel Energy Sale 2013

GM and Hawaii Gas Company to Collaborate on Hydrogen Infrastructure Pilot; Different Approach to Provisioning Fueling Stations

Green Car Congress

MAY 11, 2010

TGC plans to tap into its 1,000-mile utility pipeline system at key locations to separate the hydrogen from the stream through Pressure Swing Adsorption (PSA) technology for use by local fueling stations for fuel cell vehicles. million miles of real-world driving by thousands of people since 2007. TGC H 2 Production. Earlier post.)

Hawaii

Hawaii Hydrogen GM Gas

Norweign Drivers switch to Electric Cars

EV Report

APRIL 30, 2020

But recently due to outbreak of COVID-19, sales of electric vehicles have been affected with the consumer markets being shaken and oil prices being plunged to high. Buyers of EV became exempted from paying VAT in 2001. By 2017, the number of stations increased to 300 from 2014.

Electric Cars

Electric Cars Norway Cars Electric

Economic Impact Study Finds Grid-Enabled Vehicle Policies in Electrification Coalition Roadmap Would Result in Substantial Economic Benefit for US

Green Car Congress

APRIL 9, 2010

By 2040, the report proposed, 75% of the light-duty vehicle miles traveled in the US should be electric miles. Employment in the industries that supply key electric and electronic components to electric vehicles would increase by 112,000 jobs. Global Demand for Oil. Resilience to Future Price Shocks. Trade Deficit.

Grid

Grid Vehicles 2008 Oil

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

As a result, annual increases in vehicle miles traveled (VMT) in LDVs average 0.9% Personal air travel (billion seat-miles) grows by an average of 0.7% Industrial shipments of bulk chemicals, which benefit from an increased supply of natural gas liquids, grow by 3.4% With domestic crude oil production rising to 9.5

Oil

Oil Light Energy Vehicles

US National Research Council Report Finds Plug-in Hybrid Costs Likely to Remain High; Fleet Fuel Consumption and Carbon Emissions Benefits Will Be Modest for Decades

Green Car Congress

DECEMBER 15, 2009

The report considers two PHEV configurations: 10-mile all electric range (PHEV-10) and 40-mile all-electric range (PHEV-40). It has a 40-mile electric range, a larger electric motor, and a much larger battery than the PHEV-10. Most of the electricity used to power these cars will be supplied from the nation’s power grid.

Plug-in

Plug-in Plug PHEV Hybrid

Study Finds Government Mandates Superior to All Other Biofuels Policies, But Mixing With Subsidies Causes Adverse Effects; The Argument for a Direct CO2 Tax

Green Car Congress

FEBRUARY 17, 2010

While a mandate can potentially increase social welfare substantially, a consumption subsidy likely decreases welfare significantly, primarily because of the taxpayer burden but also because it encourages negative externalities related to vehicle miles traveled, local air pollution and CO 2 emissions.

Tax

Tax CO2 Renewable Standards

Study finds government and vehicle manufacturers need to introduce long-term incentives and prices cuts to create sustainable market for ultra-low emission vans

Green Car Congress

MARCH 19, 2012

The modeling suggests that even in the most favorable cases, a pure EV must have a range below 300 km (186 miles) in order to compete on ownership costs with other powertrains. Using government oil price projections, pure electric vans will still have a 10% cost of ownership premium over diesel in 2030.

Emissions

Emissions Manufacturer Market Price

State Department issues Draft Supplemental Environmental Impact Statement on Keystone XL Pipeline: climate change impacts

Green Car Congress

MARCH 2, 2013

These avenues include alternative pipeline capacity to support Western Canadian, Bakken, and Midcontinent crude oil movements to the Gulf Coast as well as rail to transport large volumes of crude oil to East, West, and Gulf Coast markets. Length of new pipeline (miles). NDEQ-identified Sand Hills Region crossed (miles).

Climate Change

Climate Change Oil-Sands Nebraska Climate

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

Green Car Congress

DECEMBER 17, 2010

Shale gas offsets declines in other US supply to meet. The Annual Energy Outlook 2011 (AEO2011) Reference case released yesterday by the US Energy Information Administration (EIA) more than doubles the technically recoverable US shale gas resources assumed in AEO2010 and added new shale oil resources. Source: EIA. Click to enlarge.

Gas

Gas 2011 Price Energy

Chevron leveraging information technology to optimize thermal production of heavy oil with increased recovery and reduced costs

Green Car Congress

JUNE 23, 2011

Using thermal recovery processes in heavy oil reservoirs depends largely on. Oil price volatility has in the past been a significant deterrent to heavy oil project investment by industry, particularly by smaller independent producers, the DOE notes. being recorded daily.

Chevron

Chevron Oil Oil-Sands Production

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

While US automakers are working on PEVs, the US electric vehicle industry lags behind other regions—particularly Asia—in the areas of battery manufacturing, supply chain development, and raw materials production. PEV offerings have also been announced throughout Europe and Asia.

Plug-in

Plug-in 2015 Plug Recharge

State Department releases Keystone XL Final Supplemental Environmental Impact Statement

Green Car Congress

FEBRUARY 1, 2014

Market analysis: cross-border pipeline constraints have a limited impact on crude flows and prices. The earlier 2011 Final EIS was developed contemporaneously with the start of strong growth in domestic light crude oil supply from tight oil formations, such as those formations found in North Dakota’s Bakken region.

Oil-Sands

Oil-Sands Nebraska Oil Montana

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

Tony Karrer Delicious EVdriven

APRIL 30, 2009

Thehydrogen-powered car has a top speed of 105 miles per hour andtravels as far as 280 miles on electricity produced by its fuelcell stack. customers $600 a month to lease.Honda hasn’t revealed its production price. Oil prices are going to go up. In July, itopened an assembly line in Japan to build its FCX Clarity.

Obama

Obama Honda Plug-in Plug

IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

Green Car Congress

NOVEMBER 13, 2011

Short-term pressures on oil markets are easing with the economic slowdown and the expected return of Libyan supply. But the average oil price remains high, approaching $120/barrel (in year-2010 dollars) in 2035. Oil and the Transport Sector: Reconfirming the End of Cheap Oil. Click to enlarge.

Oil

Oil Transportation Cheap Fleet

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

Green Car Congress

JULY 19, 2012

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. Regulate the parties responsible for producing, importing, or supplying fuel. Regulate the parties responsible for producing, importing, or supplying fuel.

Carbon

Carbon Oil-Sands Standards Design

EV Driven

BNEF: Oil price plunge to have only moderate impact on low-carbon electricity development, but likely to slow EV growth

Machine learning PODA model projects the impact of COVID-19 on US motor gasoline demand

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

An OPEC Deal Extension Isn’t As Simple As It Sounds

Accenture Reports Identifies 12 Disruptive Technologies Most Likely to Transform Supply and Demand of Transport Fuels and Cut Emissions Within Next 10 Years

FCA, IVECO and Snam sign MoU for development of natural gas as an environmentally friendly vehicle fuel

US EIA Projects World Energy Use to Grow 44% Between 2006 and 2030, CO2 Emissions Up by 39%

Study projects emission impacts of inexpensive, efficient EVs: 36% further reduction in LDV GHG by 2050, or 9% economy-wide

Study finds no alternative to widespread switching of direct fuel uses to electricity to meet 2050 California GHG targets; putting detail in climate wedges

Perspective: US Needs to Transition to Hydrous Ethanol as the Primary Renewable Transportation Fuel

EIA Energy Outlook 2013 reference case sees drop in fossil fuel consumption as use of petroleum-based liquid fuels falls; projects 20% higher sales of hybrids and PHEVs than AEO2012

GM and Hawaii Gas Company to Collaborate on Hydrogen Infrastructure Pilot; Different Approach to Provisioning Fueling Stations

Norweign Drivers switch to Electric Cars

Economic Impact Study Finds Grid-Enabled Vehicle Policies in Electrification Coalition Roadmap Would Result in Substantial Economic Benefit for US

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

US National Research Council Report Finds Plug-in Hybrid Costs Likely to Remain High; Fleet Fuel Consumption and Carbon Emissions Benefits Will Be Modest for Decades

Study Finds Government Mandates Superior to All Other Biofuels Policies, But Mixing With Subsidies Causes Adverse Effects; The Argument for a Direct CO2 Tax

Study finds government and vehicle manufacturers need to introduce long-term incentives and prices cuts to create sustainable market for ultra-low emission vans

State Department issues Draft Supplemental Environmental Impact Statement on Keystone XL Pipeline: climate change impacts

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

Chevron leveraging information technology to optimize thermal production of heavy oil with increased recovery and reduced costs

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

State Department releases Keystone XL Final Supplemental Environmental Impact Statement

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

IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

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

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