Filed under: Uncategorized | Tags: energy, gasoline production, Peak Demand, peak oil, transportation, US oil consumption, vehicle miles traveled, VMT< DOT
No coherent explanation for the way the years are labeled across the bottom however.
Data through February.
Filed under: Uncategorized | Tags: Alice Cooper, API, Eighteen, energy, oil demand, peak oil, petroleum demand, US oil consumption
18-year low oil demand. 18 million barrels per day.
18 and I like it.
Filed under: Uncategorized | Tags: Bloomberg New Energy Finance, Business Council for Sustainable Energy, carbon dioxide, carbon emissions, CO2, CO2 production, oil consumption, renewable energy, US oil consumption, Vmt
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.
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.
Filed under: Uncategorized | Tags: FHWA, oil consumption, traffic volume trends, US oil consumption, US oil demand, vehicle miles traveled, Vmt
Filed under: Uncategorized | Tags: China oil consumption, China oil imports, oil reserves, oil reserves purchases, SPR, strategic petroleum reserve, US oil consumption
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.