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Report suggests low-speed electric vehicles could affect Chinese demand for gasoline and disrupt oil prices worldwide

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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. “ —Gabriel Collins.

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IEA: global energy efficiency progress drops to slowest rate since start of decade

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Oil represented the largest share of final demand, at around 41%, but demand growth slowed to 1.5% In 2018, higher oil prices helped dampen demand for road transport fuels. However, this gain has been offset primarily by users’ purchasing decisions and behavior.

Global 150
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Economic Impact Study Finds Grid-Enabled Vehicle Policies in Electrification Coalition Roadmap Would Result in Substantial Economic Benefit for US

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The Inforum LIFT model is a detailed economic forecasting model, which captures, among other things, the effects of purchases and sales between industries. Employment in the motor vehicle industry (including motor vehicle parts) would be about 106,000 jobs higher than the base. Oil Imports. Global Demand for Oil.

Grid 186
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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

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AEO2013 offers a number of other key findings, including: Crude oil production , especially from tight oil plays, rises sharply over the next decade. Domestic oil production will rise to 7.5 Motor gasoline consumption will be less than previously estimated. Biofuels grow at a slower rate due to lower crude oil prices and.

Fuel 225
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Perspective: US Needs to Transition to Hydrous Ethanol as the Primary Renewable Transportation Fuel

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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.

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Pike forecasts Asia-Pacific to be largest PEV market, with more than 1.2M units by 2015; China to represent 53% of total sales

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National programs encouraging the growth of the PEV sector include the establishment of aggressive goals, subsidies for EV purchasers, research and development support and demonstration projects, tax incentives, regulation and standardization, and public education programs.

Asia 236
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US DOE progress report says 1M plug-ins by 2015 ambitious but achievable; not likely to be constrained by production capacity

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These efforts include battery development, power electronics and electric motors, and electric drive vehicle systems. The cumulative impacts of the various policy initiatives, the experience of the early purchasers of electric-drive vehicles and future oil prices will all play a role in determining future consumer demand.

2015 210