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

Green Car Congress

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

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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

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% Electric power generation from renewables is bolstered by legislation enacted at the beginning of 2013 extending tax credits for generation from wind and other renewable technologies.

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

Green Car Congress

quadrillion Btu in 2035 in the AEO2011, about the same as projected in the AEO2010 Reference case, as lower projections for vehicle-miles traveled are offset by relatively lower fuel economy improvements after CAFE standards applicable for model year 2020 are achieved. Energy consumption for light-duty vehicles grows from 16.7

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

Green Car Congress

However, consumer demand for PEVs is quite uncertain and, barring another global spike in oil prices, may be limited to a minor percentage of new vehicle purchasers (e.g., Policy Instruments. Recent public policies in the United States and other countries have improved the prospects for initial commercialization of PEVs.

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

Tony Karrer Delicious EVdriven

Tax Credits Instead, Obama backed tax credits of as much as $7,500 inthe stimulus package approved in February for buyers of plug-incars. 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. Oil prices are going to go up.

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Nissan’s Big Gamble

Revenge of the Electric Car

The best thing about the Nissan is the expected price range of $25K- $34K. This is before the $7,500 federal tax credit. It will be a four-door hatchback seating five people — about the size of the Nissan Cube or Versa — with a range of 100 miles per charge. Pricing isn’t set. Oil vs. electrons.

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Tesla Announces IPO

Revenge of the Electric Car

The IPO would be a first among electric car companies, which have shown life in recent years in response to high oil prices. Tesla currently sells its signature all-electric Roadster sports car for $109,000 — a price tag that’s slimmed some after federal tax credits.

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