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.
Green Car Congress
JANUARY 6, 2022
Spot LNG prices in Asia spiked to nearly $30 per million British thermal units (MMBtu) for a few weeks in January 2021 during extreme cold weather and transportation challenges before settling back to normal ranges in the first half of the year. Amid strong global demand, European LNG imports fell.
Green Car Congress
FEBRUARY 23, 2017
The sectoral analysis of energy use suggested that previous data for liquid fuel use in China’s transportation sector were underestimated. Smaller amounts of China’s methanol supply are imported from the Middle East, Southeast Asia, South America, and the United States.
Green Car Congress
FEBRUARY 3, 2015
We see SUV market share (as% of passenger vehicle sales) to increase from 26% in 2014 to 28% in 2015 as consumers look to this segment to address evolving transportation needs. South America. In Europe, the crisis in Russia could offset the boon of lower fuel prices for Europe’s car buyers and even the new QE boost from the ECB.
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