for Transportation Fuel Demand
Petchem growth appears guaranteed for the coming decades with demand rising faster than GDP in non-OECD countries and limited substitutes in this area.
December 2016 EV sales surpassed the previous monthly record set in September by an enormous 44 percent.
Critics of the EIA's long-term projections can cherry-pick through the different scenarios to justify almost any outlook that suits their bias.
Fuel efficiency standards and the long-term saturation of VMT are key factors that could have a major impact on reducing foreign petroleum dependence in the transportation sector.
Although shifts are taking place with EVs, autonomy, and more stringent fuel economy, it is not inevitable that we’ll shortly be in a post-oil world and that demand will peak sooner rather than later.
IEA appears to be taking fuel economy standards at face value, and not recognizing the impact of cheap gasoline on consumer behavior.
Current low prices for natural gas and the ongoing production boom in shale gas should provide the perfect impetus to boost NGVs in the country’s automobile fleet.
As Indonesia prepares to be readmitted into OPEC at the upcoming December meeting in Vienna, it faces complex energy policy decisions, particularly in regards to fuel subsidies.
In 2014, drivers wasted 8 entire days of gasoline consumption sitting in traffic, and the Texas Transportation Institute expects the situation to worsen in the years to come.