Posts tagged ‘automobiles’

Annette Hugh
Director, Americas Market Development

CERAWeek: GM’s Barra calls for expanded EV tax credits, drive toward a zero-emissions future

March 8, 2018 16:30 UTC

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Emissions, agility and autonomous vehicles were the focus of General Motors CEO Mary Barra’s luncheon address to energy industry executives Wednesday, March 7, at CERAWeek by IHS Markit in Houston.

“We’re optimistic about EVs,” Barra said of the drive to zero emissions, with a dramatic increase in customer miles traveled in electric vehicles.

While the growth in EVs has been strong, she acknowledged that the industry needs to develop robust charging infrastructure to boost consumer confidence that they “can drive anywhere, anytime.”

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automobiles, CERA, CERAWeek, climate change, electric vehicles, emissions, environment, EVs, Policy

Diana Kinch
Editor-in-Chief, Steel Markets Daily

How long can the lithium bull run last?

February 9, 2018 17:00 UTC

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Lithium, one of the principal ingredients of the lithium-ion battery used for electric vehicles, has been on a bull run since 2015. Production increased substantially in 2017 with a flurry of new investors bringing capacity on stream, meaning there’s no sign of deficit, and further major mine increases are set to come in the next two to five years.

Prices still haven’t let up, remaining high after doubling in 2016, although some analysts foresee the possibility of market prices peaking this year.

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Asia, automobiles, batteries, electric vehicles, EV, EVs, lithium, metals, mining

Sophie Byron
Managing editor, Americas agriculture

Cheaper or greener: Colombia eyes US ethanol with trepidation

August 17, 2017 05:01 UTC

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The availability of cheap ethanol has become a contentious issue in the United States. While American drivers may see the benefits of supplies from the most efficient ethanol producer on earth, meaning that the fuel in their car may be cheaper, for producers and farmers, lower prices are not always better.

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agriculture, Americas, automobiles, biofuel, biofuels, blending, Colombia, ethanol, exports, fuel, gasoline, imports, markets, prices, production, sugar, sugarcane, Transportation, US

Ross McCracken
Managing editor, Energy Economist

Can electrification penetrate the heavy-duty vehicle sector?

May 16, 2017 05:01 UTC

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“Daddy, when I grow up, should I become a petroleum engineer?”

As noted frequently in Platts monthly newsletter Energy Economist, the decarbonization of transport seems for many limited to the light passenger vehicle market. The general assumption is that battery density is insufficient for heavy-duty vehicles. The all-electric aeroplane, for example, has as much chance of getting off the ground as an ostrich.

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automobiles, batteries, CNG, crude, crude oil, electricity, emissions, ExxonMobil, IEA, International Energy Agency, LNG, oil, Statoil, supply/demand, Transportation

Ross McCracken
Managing editor, Energy Economist

Ambition paves the way for continued energy transitions

April 20, 2017 05:01 UTC

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The Barrel blog turned 10 years old on April 2, and to celebrate, we’re sharing special posts throughout the month. As a part of the celebrations, Ross McCracken examines why the fossil fuel age won’t end for a lack of coal, gas or oil.

The pace of technological change within the energy sector has been rapid over the last decade and shows no sign of abating.

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automobiles, carbon emissions, China, coal, diesel, electric power, electricity, emissions, energy, gas, natural gas, natural gas vehicles, power, renewable energy, renewables, technology, Transportation

Keefe Borden
Editor

US gasoline flows may shift as new environmental rules take effect

January 4, 2017 17:57 UTC

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It’s essential for a daily fixture of life in the United States — a morning commute for many working Americans — and for transportation of basic goods in the US.

The US is dependent on gasoline for nearly every aspect of transportation, but the hard reality for the country’s drivers is that its refiners don’t produce near enough to meet demand. Government data shows we now consume about 9.3 million b/d of gasoline nationwide. To offset the shortfall, the US imports about 710,000 b/d of gasoline — more than two cargo ships per day.

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Americas, automobiles, Europe, exports, gasoline, imports, refined products, refiners, Transportation, US

Peter Brennan
Editor, Europe metals

Are European galvanized steel prices set to explode?

December 22, 2016 05:01 UTC

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Tight domestic supply, strong automotive demand and high raw material costs have already helped European strip steel prices balloon in Q4. But some market participants suspect the initiation of an anti-dumping investigation into Chinese hot-dipped galvanized sheet could see that market “explode.”

Strip steel prices generally are expected to remain firm for much of the first half of the year, with European mills switching their defense of higher offer prices from the burden of raw material costs, to the tightness in supply.

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ArcelorMittal, automobiles, China, cold-rolled coil, CRC, EU, Eurofer, European Union, HDG, hot-dipped galvanized, hot-rolled coil, hrc, production, South Korea, steel, steel mills, steelmakers, Tata, ThyssenKrupp

Ross McCracken
Managing editor, Energy Economist

Germany votes against the internal combustion engine

October 27, 2016 00:15 UTC

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Germany’s lower house of parliament, the Bundesrat, voted in October to ban the sale of cars with internal combustion engines by 2030. It is a resolution with no binding implications, but it did garner cross-party support. It is certainly a powerful statement of intent.

Seen from the capitals of the major oil exporting countries, it should be viewed with alarm, not that it will necessarily be achieved, but as a reminder that in combination with the technologies to deliver them, environmental targets only ever seem to get more ambitious in scope and in timing.

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automobiles, carbon emissions, climate change, energy policy, Germany, Middle East, oil, oil fundamentals, oil policy, oil production, OPEC, peak oil, shale

John Kingston
Director of Global Market Insights

Looking for a pop from premium gasoline? Look again

October 19, 2016 05:01 UTC

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It may not change human behavior, but if it did, a recent AAA report on the benefits of premium gasoline might cut into what on paper looks like a pretty profitable business.

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automobiles, gasoline, Transportation, US

Jeffrey Bair
Reporter

So demanding: US gasoline marketers zero in on potential future growth areas

February 25, 2016 08:00 UTC

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You can’t take a practice swing with a 6-iron here at the BPAMA gasoline marketers’ convention in Doral, Florida, without nearly hitting someone who is optimistic about gasoline.

Not crude, mind you. There is plenty of sour feeling about that. But about 450 regional fuel executives have gathered this week at the Trump National golf resort at Doral, with Platts as one of the sponsors of the event. (The attendees will miss the really big show, which happens in a few days when resort namesake Donald Trump is expected as part of his campaign tour.)

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automobiles, CARS, crude, crude oil, demand, fuel efficiency, gasoline, oil, refining, supply/demand, Transportation, US

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