Tag: Transportation
US power sector CO2 emissions fall below transportation sector emissions
Electric power’s share of non-carbon-emitting fuels such as nuclear, hydropower, wind, and solar has grown U.S. carbon dioxide emissions from the transportation sector reached 1,893 million metric tons (MMmt) from October 2015 through September 2016, exceeding electric power sector CO2 emissions of 1,803 MMmt over the same time period, according to the US Energy Information Administration. […]
Transportation constraints, export costs widen Brent-WTI crude oil price spread
China is second-largest destination for U.S. crude oil exports In its Nov. Short-Term Energy Outlook (STEO), EIA forecasts the price difference between West Texas Intermediate (WTI) crude oil priced at Cushing, Oklahoma, and Brent, the global crude oil price benchmark, to remain at $6 per barrel (b) through the first quarter of 2018 before narrowing to $4/b […]
Growth in plug-in electric vehicles depends on future market conditions
Different levels of projected plug-in electric vehicle penetration have noticeable effects on worldwide liquids fuel consumption Cumulative sales of plug-in electric vehicles, including battery electric vehicles and plug-in hybrid electric vehicles, reached 1.2 million worldwide in 2015, according to the U.S. Energy Information Administration. Still, plug-in electric vehicles account for less than 1 per cent […]
Widening Brent-WTI price spread unlikely to change East Coast crude oil supply
Restrictions on exporting domestic oil were removed, refiners now compete with international buyers for domestic oil In Sept. and Oct. 2017, the difference between domestic and foreign crude oil prices has risen to the highest level since 2015, according to the U.S. Energy Information Administration. In the past, price differences between West Texas Intermediate (WTI) […]
Iriving Oil pleads guilty to 34 offences in Lac Megantic train derailment disaster
Irving Oil failed to adequately train employees in transportation of dangerous goods Irving Oil Commercial GP was sentenced on Friday following guilty pleas in Saint John Provincial Court to 34 counts for offences under the Transportation of Dangerous Goods Act, according to a Federal Government press release. The Court ordered Irving Oil to pay a total […]
Trudeau Govt spending $16 million to assess risk of transportation to climate
Extreme weather events can damage infrastructure such as roads, bridges, rail lines, ports and airports The Government of Canada is spending up to $16.35 million over five years for the Transportation Assets Risk Assessment initiative, which focuses on climate risk assessments of federal transportation assets, according to a press release from the Government of Canada. […]
US household gasoline spending expected to remain below $2,000 in 2017
Lower gasoline prices contributed to decreasing gasoline expenditures since 2012 The average U.S. household expenditure on gasoline in 2017 is expected to total $1,977, or approximately 2.4 per cent of mean incomes of households, according to projections in EIA’s most recent Short-Term Energy Outlook (STEO). The most recent peak for gasoline expenditures was $2,715, or 4.0 per […]
Ford, GM ramp up EV development plans
Ford EV development under “Team Edison” Two major American automakers are speeding up development of electric vehicles. Ford and GM both released ambitious plans to build EVs after a number of governments announced they would restrict the sale of fossil fuel-powered vehicles in the coming years. Ford Motor Co has formed “Team Edison” and has […]
Vacuum cleaner manufacturer Dyson building ‘Radical’ Electric Car
Dyson investing £1 billion on car development, same on solid state batteries Dyson Ltd., the company best know for manufacturing vacuum cleaners, hand driers, air filters and fans says it will build an electric car by 2020, according to a report by Bloomberg. On Tuesday, its founder James Dyson announced that the company will invest […]
The shift to electric vehicles will take time
New anti-pollution limits major force in move to electric vehicles The buzzword at this year’s Frankfurt Motor Show was “electrification” as automakers pledged to bring electrified versions of their cars to the market. But are electric cars really on track to push gasoline and diesel-powered vehicles to the scrap heap? Companies including Volkswagen, Daimler, Volvo, […]
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