#fuel-efficiency

[minitruckpartus]

Fuel efficiency is one of the key metrics for every user as it helps reduce pollution and smog. Here are the 5 ways to improve the fuel efficiency of the mini-truck.

[carbuyingservices]

6 Things You Need to Look for when Buying an SUV in the UAE

Sports Utility Vehicles (SUVs) are specifically designed and engineered to offer high-performance even on the most challenging terrains in the UAE. This vehicle segment is one of the most sought-af…

[trdizifilm]

Volvo Trucks - die Einführung des Volvo Concept Truck mit einem hybrid-Antriebsstrang

Volvo Trucks – die Einführung des Volvo Concept Truck mit einem hybrid-Antriebsstrang

Halsdoek Volvo Concept Truck, spart bis zu 30 Prozent bei Kraftstoff-Verbrauch und Emissionen, darunter auch CO2. Unsere ersten Hybridantrieb für schwere LKW te long-haul-Anwendungen gewinnt Energie beim fahren bergab oder beim Bremsen. Diegene Energie wird gespeichert und verwendet, um diegene macht der LKW im Elektro-Modus auf flachen Straßen oder niedrigen Gradienten.

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[industrialprime]

Wärtsilä’s Unprecedented Partnership with Carnival Corporation: The Deal That Has Only Winners

In January, Wärtsilä and the world’s largest cruise company Carnival Corporation & plc concluded an agreement on a major performance-based strategic partnership worth nearly a billion euros. To find out all about it, we interviewed Wärtsilä's Tomas Hakala.

[thoughtsdrawl]

declining global oil demand?

THE dawn of the oil age was fairly recent. Although the stuff was used to waterproof boats in the Middle East 6,000 years ago, extracting it in earnest began only in 1859 after an oil strike in Pennsylvania. The first barrels of crude fetched $18 (around $450 at today’s prices). It was used to make kerosene, the main fuel for artificial lighting after overfishing led to a shortage of whale blubber. Other liquids produced in the refining process, too unstable or smoky for lamplight, were burned or dumped. But the unwanted petrol and diesel did not go to waste for long, thanks to the development of the internal-combustion engine a few years later.

Since then demand for oil has, with a couple of blips in the 1970s and 1980s, risen steadily alongside ever-increasing travel by car, plane and ship. Three-fifths of it ends up in fuel tanks. With billions of Chinese and Indians growing richer and itching to get behind the wheel of a car, the big oil companies, the International Energy Agency (IEA) and America’s Energy Information Administration all predict that demand will keep on rising. One of the oil giants, Britain’s BP, reckons it will grow from 89m b/d now to 104m b/d by 2030.

We believe that they are wrong, and that oil is close to a peak. This is not the “peak oil” widely discussed several years ago, when several theorists, who have since gone strangely quiet, reckoned that supply would flatten and then fall. We believe that demand, not supply, could decline. In the rich world oil demand has already peaked: it has fallen since 2005. Even allowing for all those new drivers in Beijing and Delhi, two revolutions in technology will dampen the world’s thirst for the black stuff.

The first revolution was led by a Texan who has just died (seearticle). George Mitchell championed “fracking” as a way to release huge supplies of “unconventional” gas from shale beds. This, along with vast new discoveries of conventional gas, has recently helped increase the world’s reserves from 50 to 200 years. In America, where thanks to Mr Mitchell shale gas already billows from the ground, liquefied or compressed gas is finding its way into the tanks of lorries, buses and local-delivery vehicles. Gas could also replace oil in ships, power stations, petrochemical plants and domestic and industrial heating systems, and thus displace a few million barrels of oil a day by 2020.

The other great change is in automotive technology. Rapid advances in engine and vehicle design also threaten oil’s dominance. Foremost is the efficiency of the internal-combustion engine itself. Petrol and diesel engines are becoming ever more frugal. The materials used to make cars are getting lighter and stronger. The growing popularity of electric and hybrid cars, as well as vehicles powered by natural gas or hydrogen fuel cells, will also have an effect on demand for oil. Analysts at Citi, a bank, calculate that if the fuel-efficiency of cars and trucks improves by an average of 2.5% a year it will be enough to constrain oil demand; they predict that a peak of less than 92m b/d will come in the next few years. Ricardo, a big automotive engineer, has come to a similar conclusion.

Not surprisingly, the oil “supermajors” and the IEA disagree. They point out that most of the emerging world has a long way to go before it owns as many cars, or drives as many miles per head, as America.

But it would be foolish to extrapolate from the rich world’s past to booming Asia’s future. The sort of environmental policies that are reducing the thirst for fuel in Europe and America by imposing ever-tougher fuel-efficiency standards on vehicles are also being adopted in the emerging economies. China recently introduced its own set of fuel-economy measures. If, as a result of its determination to reduce its dependence on imported oil, the regime imposes policies designed to “leapfrog” the country’s transport system to hybrids, oil demand will come under even more pressure.

A couple of countervailing factors could kick in to increase consumption. First, the Saudis, who control 11% of output and have the most spare capacity, may decide to push out more, lowering prices and thus increasing demand. Then again, they might cut production to try to raise prices, thereby lowering demand further. Second, if declining demand pushes down the oil price, drivers may turn back to gas-guzzling cars, as they did when oil was cheap in the 1990s. But tightening emissions standards should make that harder in future.

Bernstein, a research firm, reckons that new barrels of oil from the Arctic or other technologically (or politically) demanding environments now cost $100 to extract. Big Oil can still have a decent future as Big Gas, but that will not prove as profitable.

The biggest impact of declining demand could be geopolitical. Oil underpins Vladimir Putin’s kleptocracy. The Kremlin will find it more difficult to impose its will on the country if its main source of patronage is diminished. The Saudi princes have relied on a high oil price to balance their budgets while paying for lavish social programmes to placate the restless young generation that has taken to the streets elsewhere.

[retagin-blog-blog]

'Sweet spot' for car buyers is now

The current generation of vehicles is more fuel-efficient than the last. Engines pack a more powerful punch in a smaller package. And car loans can be stretched as long as eight years.... http://dlvr.it/3Rdb15

[autotrendsmag-blog]

[worldclassmedia]