In fact, in their first letter to the President, they requested that the administration approve a petition that would result in 150 million barrels of
additional oil consumption by overcrediting vehicles that had already been sold and adding «flexibilities» to the program that directly undermine the standards.
Not exact matches
They assume that KXL adds 800,000 barrels of new
oil to global supply, at any price, and examine the degree to which this
additional supply will affect global
consumption.
An IEA collective action would be initiated in response to a significant global
oil supply disruption and would involve IEA Member Countries making
additional volumes of crude and / or product available to the global market (either through increasing supply or reducing demand), with each country's share based on national
consumption as part of the IEA total
oil consumption.
Since we were running out of
oil anyway, environmentally motivated efforts to limit fossil fuel
consumption and increase our use of renewable energy boasted the
additional virtue of being inevitable.
Removing trailers from the Phase 2 program would mean future tractor - trailers would consume approximately 70,000
additional barrels of
oil per day by 2030 and almost 100,000 barrels per day by 2040 — more than the total highway fuel
consumption of 17 of our 50 states in 2015.