Industrialized Cyclist Notepad


U.S. oil demand rising again

Via EIA Week in Review.

Total products supplied over the last four-week period averaged about 19.7 million barrels per day, up by 3.7 percent from the same period last year. Over the last four weeks, motor gasoline product supplied averaged over 9.0 million barrels per day, up by 3.3 percent from the same period last year. Distillate fuel product supplied averaged 4.0 million barrels per day over the last four weeks, up by 11.1 percent from the same period last year. Jet fuel product supplied is 1.6 percent higher over the last four weeks compared to the same four-week period last year.



VMT chart still in Peak Oil mode

No coherent explanation for the way the years are labeled across the bottom however.

vmtfeb2013

Data through February.

via (pdf) http://www.fhwa.dot.gov/policyinformation/travel_monitoring/13febtvt/13febtvt.pdf



Eighteen

18-year low oil demand. 18 million barrels per day.

18 and I like it.

U.S. Oil Demand Fell to 18-Year Low for January, API Says – Bloomberg.

alice-cooper



It would be cool if this were true

Carbon dioxide emissions fell by 13% in the past five years, because of new energy-saving technologies and a doubling in the take-up of renewable energy, the report compiled by Bloomberg New Energy Finance (BNEF) for the Business Council for Sustainable Energy (BCSE) said.

via US carbon emissions fall to lowest levels since 1994 | Environment | guardian.co.uk.

Nah. It’s because we’re driving less. Look at the VMT chart. The drop in emissions is mainly due to the bad economy, not renewable energy.



What rhymes with fiscal

vmt oct12

Figure 1 – Moving 12-Month Total on All Highways – October 2012 Traffic Volume Trends – Travel Monitoring and Traffic Volume – OHPI – FHWA.



China filling reserves, U.S. trying to burn reserves

China consumption rising, US consumption dropping. From the Wall Street Journal:

Analysts have been watching China’s import data climb higher over recent months. The wave of imports, added to domestic production, has exceeded the amount of crude the country’s refineries can process, analysts said.

Moreover, China has been increasing its oil purchases even though prices have soared, a rare occurrence for a country that usually steps out of the market when prices are high. The market’s conclusion: After a three-year hiatus, China is filling up its strategic petroleum reserves.

via China Seen Bolstering Oil Reserves – WSJ.com.




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