(Wed, 24 May 2017) Light-duty vehicles are generally classified into two groups: passenger cars and light trucks. However, crossover utility vehicles (CUVs)âwhich appear similar to sport utility vehicles but share design attributes with passenger carsâare blurring the distinction between the two classifications.
(Tue, 23 May 2017) Anticipated changes in energy consumption by light-duty vehicles in the United States are based on two factors: the amount of travel and the fuel economy of the vehicles used. The <em>Annual Energy Outlook 2017</em> (AEO2017) Reference case projects a decline in light-duty vehicle energy use between 2018 and 2040 as improvements in fuel economy more than offset increases in light-duty vehicle miles.
That the global oil market is set to tighten over the coming years is not in doubt, but whether it’s time to hit the panic button over a future supply crunch is another issue.
(Mon, 22 May 2017) Residential electricity consumption rises and falls seasonally substantially more than commercial or industrial consumption, largely because of air conditioning use in the summer. According to the most recent data from EIAâs Residential Energy Consumption Survey (RECS), nearly 9 out of 10 U.S. homes are air conditioned by central units, individual (window, wall, or portable) units, or both.
Steel industry participants gathered at Made in Steel fair in Milan, Italy, ahead of large changes expected in the Italian and wider European steel industry.
(Fri, 19 May 2017) Members of the Organization of the Petroleum Exporting Countries (OPEC) earned about $433 billion in net oil export revenues in 2016, the lowest since 2004. In real dollar terms, the 2016 revenue represents a 15% decline from the $509 billion earned in 2015, mainly because of the fall in average annual crude oil prices and, to a lesser extent, because of decreases in OPEC net oil exports.
(Thu, 18 May 2017) The most recent Commercial Buildings Energy Consumption Survey (CBECS) collected new information about lighting control technologies and strategies in the United States in 2012.
While rising Libyan oil production is problematic for OPEC as it seeks to reduce output to rebalance the market, on a national level it raises hopes that Libya is slowly recovering from years of war and infighting.
At the risk of stating the obvious, shipowners are in a tight spot.
(Wed, 17 May 2017) So far in 2017, increased hydroelectric generation and solar power generation in California have contributed to lower natural gas-fired power generation in the California Independent System Operator (CAISO) region, the electric system operator for much of the state.
