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Page added on August 25, 2014

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Global Gasoline Guzzling Set To Plummet

Consumption

Policies designed to minimise and redefine dependence upon oil for transportation have been the talk of many towns around the world over the past several years, leading Navigant Research to posit that gasoline consumption for road transportation will fall by 4% from 2014 to 2035.

New algae biofuel study.

Policies intended to reduce fuel consumption have ranged from subsidising alternative fuels and alternative-fuel vehicles, making the development of new and economic biofuels a priority, as well as higher fuel-economy requirements for new vehicles. Each policy has been one step in a cleaner future, and another nail in the coffin of traditional fuel-oriented transportation.

“The anticipated effects of climate change are driving international cooperation on mitigation efforts, including reducing oil consumption in the transportation sector,” says Scott Shepard, research analyst with Navigant Research.

“Markets for both vehicles and fuels have gradually begun to respond to these efforts, and alternative fuels ‑ including electricity, natural gas, and biodiesel ‑ are beginning to have an impact on global oil demand.”

 

With more than 1.2 billion vehicles on the world’s roads today — a number which continues to grow each year — global dependence upon oil couldn’t be higher. This is a dependence many governments would like to extricate themselves from, as it is a dependence which results in major costs affecting national energy security, environmental security, economic stability, and in some situations, real national security.

Navigant Research predicts that annual global road transportation-related energy consumption will grow from 81.1 quadrillion Btu in 2014 to 101.7 quadrillion Btu in 2035. In slightly less frightening numbers, that means that gasoline consumption will rise through to 2021, reaching 367.3 billion gallons a year, before beginning to fall, declining towards 348.1 billion gallons a year in 2035.

We’ve seen the rise of the electric vehicle over the past decade, and more recently the idea of alternative-fuels has grown in popularity as well. As we move forward, and governmental policies start to force change rather than simply incentivise it, we will no doubt see a greater shift in the way that the transport industry responds.

Cleantechnica



10 Comments on "Global Gasoline Guzzling Set To Plummet"

  1. ghung on Mon, 25th Aug 2014 9:29 am 

    “The anticipated effects of climate change high oil prices are driving international cooperation on mitigation efforts, including reducing oil consumption in the transportation sector,” says Scott Shepard, research analyst with Navigant Research.

    “Markets for both vehicles and fuels have gradually begun to respond to these efforts $100+ oil prices, and alternative fuels ‑ including electricity, natural gas, and biodiesel ‑ are beginning to have an impact on global oil demand”…. in futile efforts to mitigate the persistently high cost of oil.

    There,, fixed it.

  2. Kenz300 on Mon, 25th Aug 2014 9:33 am 

    It is time to end the oil monopoly on transportation fuels.

    Bring on the electric, flex-fuel, hybrid, biofuel, CNG, LNG and hydrogen fueled vehicles.

    Better yet walk more, ride a bicycle more or take mass transit.

    Cities need to become more people centered and less auto centered.

  3. Kenz300 on Mon, 25th Aug 2014 9:52 am 

    Buy a bicycle…………

    E-Bike Sales Are Surging in Europe – NYTimes.com

    http://www.nytimes.com/2014/08/19/business/e-bike-sales-are-surging-in-europe.html?emc=edit_th_20140819&nl=todaysheadlines&nlid=21372621

  4. Plantagenet on Mon, 25th Aug 2014 10:29 am 

    We’ll be really lucky if gasoline sales only drop by 4% over the next 20 years. Global oil production is peaking and may start falling by 4% a YEAR!

  5. Dave Thompson on Mon, 25th Aug 2014 10:29 am 

    The sad fact that there is no feasible oil replacement for transportation fuels for BAU is never mentioned. All alternatives that are touted as being our savior to our culture of more, require fossil fuel inputs.

  6. Bob Owens on Mon, 25th Aug 2014 1:17 pm 

    Only a 4% drop in gas consumption in the next 20 years doesn’t square with the word “Plummet”. The article gives us a few airy visions but no meat. I agree with you Plant. We will be lucky if we don’t drop 4% a year. Buy a bike that gets 100 miles to the candy bar, a scooter that gets 100 miles to the gallon, put together a little food storage in the freezer and you will be able to weather any storm.

  7. orbit7er on Mon, 25th Aug 2014 2:06 pm 

    Gasoline demand has dropped 8% which is the reason gas prices have stabilized and even dropped. See Doug Short’s latest report on this:

    http://www.advisorperspectives.com/dshort/updates/Gasoline-Sales.php

  8. Speculawyer on Mon, 25th Aug 2014 2:21 pm 

    I’d like to believe this but I just don’t. Seems a bit overoptimistic. It might happen but the only reason it might happen is if gas prices shoot up causing demand destruction. Otherwise, we will remain addicted as ever.

  9. Beery on Mon, 25th Aug 2014 4:05 pm 

    Kenz, an e-bike is not a bicycle – it’s a motorbike. Bicycle’s don’t have motors.

  10. JuanP on Mon, 25th Aug 2014 6:30 pm 

    Beery, Kenz is right. A bicycle is a vehicle with two wheels, electric bikes and motor cycles are bycicles, too. In Florida all ebikes are legally bicycles, not motorcycles, unless you can ride at more than 30 mph on the motor.
    Bicycles have to wheels, motor or not.

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