Green Car Congress
APRIL 7, 2021
EIA also forecasts the Brent crude oil price will average $64 per barrel this summer, a 78% increase from last summer’s average of $36 per barrel. Increasing US refinery production along with rising crude oil supply from OPEC, its partner countries, and US tight oil producers should help bring those prices down. gal last summer.
Green Car Congress
APRIL 5, 2011
The automotive industry is living proof that private companies will rarely change their behaviors without a significant stimulus to that change, and furthermore one that needs to be mandated. The 70’s oil crisis came and went; the loss of USA domestic market share occurred and a recent bankruptcy wave that hit the industry.
Green Car Congress
JULY 22, 2009
Dr. Paul addressed a positive change—the days of increasing US oil consumption may be over. “ We reached peak oil consumption in the US in 2008 and the same is true in the EU and Japan. ” M barrels/day of oil within the next 10 years ”. Dr. Paul still sees significant growth in the developing world. Billion vs. $28.3
Green Car Congress
MARCH 20, 2017
IRENA’s macroeconomic analysis suggests that such investment creates a stimulus that, together with other pro-growth policies, will: boost global GDP by 0.8% Oil consumption would also fall but its substitution is challenging in several sectors. Coal use would decline most rapidly.
Green Car Congress
MARCH 3, 2021
In March 2020, the IEA urged governments to put clean energy at the heart of their economic stimulus plans to ensure a sustainable recovery. Most of this—around 1 billion tonnes, which is more than the annual emissions of Japan—was due to lower use of oil for road transport and aviation.
Plugs and Cars
JUNE 4, 2009
Veteran automakers, oil companies, and federal and state governments have been both the prime movers and obstacles to plug-in cars in the past and they remain so today. As high officials of CalEPA and CARB got wind of Chu’s analysis of H2 and FCVs, they reportedly went to DC and lobbied furiously if unsuccessfully to pull him back.
Plug In Partners
FEBRUARY 6, 2006
That is because electric fuel can be provided by renewable energy such as the wind. should promise to order 50,000 fleet vehicles of the first viable plug-in hybrid — that would be just the stimulus the carmakers need. He also makes the point, that plug ins will provide more energy security and less global warming. Instead, the U.S.
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