Sentences with phrase «annual oil consumption»

The actual gas tax rate would be adjusted on an quarterly basis to maximize the likelihood of achieving annual oil consumption reductions of at least 3 % at the lowest net cost to society as determined by a panel of experts and / or the Oakland Oil and Energy Team recommended below.

These five sources add up to the equivalent of 4.1 billion barrels of oil, or 58 percent of the country's annual oil consumption.

Not exact matches

By contrast, China's annual consumption of low - carbon (i.e. renewable and nuclear) energy will rise, on average, by the equivalent of 600 million tons of oil.

But the effects can still be significant: for a 300,000 barrel - per - day refinery that burns fuel oil for internal consumption, for example, a 50 percent drop in oil prices can translate into an annual cost benefit of $ 200 million.

We expect to see GDP fall by 1 per cent at annual rates in the second quarter, and then grow by 3.5 per cent in the third quarter as oil production resumes, rebuilding around Fort McMurray begins and the new Canada Child Benefit lifts consumption.

As a result, we have reduced annual consumption of heating oil by 19,000 gallons per year, or 35 percent of the 2003 baseline consumption.

According to the U.S. Energy Information Administration, manufacturing accounts for one - fifth of the annual energy consumption in the United States — approximately 21 quintillion joules (20 quadrillion BTU) or equivalent to 3.6 billion barrels of crude oil.

Multiplying that price decline by the 21.34 barrels of per capita oil consumption in the U.S. results in an annual savings of $ 1,148.34 for the typical American.

If the current strong growth of plastics usage continues as expected, the plastics sector will account for 20 % of total oil consumption and 15 % of the global annual carbon budget by 2050.

The military's annual consumption of about 120 million barrels of oil is not only an enormous cost to the federal government but also a strategic risk because of the volatility of world oil markets, military analysts have said.

Annual growth in total oil consumption of ~ 3 % or more in the Asia - Pacific region has contributed the most to this increase, although consumption there is still at lower per capita rates than in the United States and the European Union.

Federal law directing increases in fuel economy became necessary because oil consumption had been steadily escalating, in large part due to the relative stagnation in CAFE standards, the doubling of annual vehicle miles traveled in the previous 25 years, and a sizable increase in the market share of less efficient SUVs and light trucks.

BIOFUELS (XLS PDF U.S. Highlights) World Annual Fuel Ethanol Production, 1975 - 2009 U.S. Annual Fuel Ethanol Production, 1978 - 2009 World Annual Biodiesel Production, 1991 - 2009 U.S. Annual Biodiesel Production, 2000 - 2009 NATURAL GAS (XLS PDF) World Natural Gas Consumption, 1965 - 2008 U.S. Natural Gas Consumption, 1965 - 2008 Natural Gas Consumption in China, 1965 - 2008 OIL (XLS PDF) World Oil Production, 1950 - 2008 World's 20 Largest Oil Discoveries U.S. Oil Consumption, 1965 - 2008 Oil Consumption in China, 1965 - 2008 COAL (XLS PDF) Coal Consumption in Selected Countries and the World, 1980 - 2008 NUCLEAR (XLS PDF) World Cumulative Installed Nuclear Electricity - Generating Capacity, 1970 - 2008 ENERGY PROFILES BY REGION World Energy Profile (XLS PDF) United States Energy Profile (XLS PDF) China Energy Profile (XLS PDF Highlights) Top of Page

Oil consumption continued to fall, though at a lower average annual pace than 2005 - 2016.

Significant economic value is lost after each use, and given the projected growth in consumption, by 2050 oceans are expected to contain more plastics than fish (by weight), and the entire plastics industry will consume 20 % of total oil production and 15 % of the annual carbon budget.

The oil and gas major yesterday published the 2018 edition of its Energy Outlook, an annual release of models that charts energy generation, consumption and pricing in the years to come.