Posts Tagged ‘EIA report’

Production on the Rise, Keeping Gas Prices Down

Demand is lower while production levels are up.

by on Dec.06, 2017

Gas prices continue to fall as demand drops during the winter driving season.

With the winter driving season fast approaching, the price of gasoline is continuing to drop, according to AAA.

At $2.48, the national gas price average is at its cheapest level since early November. More so, pump prices nationally have been steadily dropping during the last two weeks. Today’s gas price is three cents less than a week ago, four cents cheaper than one month ago and 30 cents more than a year ago, according to AAA.

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“Cheaper winter gas prices are being seen for the bulk of the country as gasoline demand hits the lowest mark since February,” said Jeanette Casselano, AAA spokesperson. “On the week, 90% of states saw their gas price average drop – some even by double digits.”  (more…)

California Mandate Expected to Grow EV Sales

Improving performance of alt-fuel vehicle aids expansion.

by on Oct.04, 2016

California's ZEV rules are expected to drive EV sales during the next decade.

California’s Zero-Emission Vehicle program is expected to increase sales of electric, plug-in hybrid and other alternative light-duty vehicles in the United States during the next decade, according to a new report by the U.S. Energy Information Administration.

The ZEV program, which is administered by the California Air Resources Board, affects model year 2018 and later vehicles, requiring automakers to earn credits for alternative-fuel vehicles based on a percentage of their sales in California.

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It also extends to nine other states concentrated on the West and East Coast where the program covers the entire New York City Metropolitan Region, which is also one of the stronger markets for new vehicles in the U.S. (more…)

Nearly Half of All EVs Sold in California

Ten states generate 25% of EV volume

by on Dec.11, 2014

Despite the fact that Nissan Leaf buyers don't have to pay for gas as owners of an electric vehicle, EV sales are still less than 1% of new car sales.

Nearly half of all the battery-electric vehicles sold in the United States are going to customers in California, according to a new report by the U.S. Energy Information Administration, or EIA.

The report also noted that sales of plug-based vehicles, including plug-ins and pure battery-electric models, still constitute a tiny fraction of the total American vehicle fleet, with demand growing at a marginal pace despite a flood of new models.

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Along with California, motorists in Hawaii and Washington have been quickest to plug into the electric vehicle market, with at least three of every 1,000 registered vehicles in those states. In only three states – Virginia, Georgia and Oregon – have EVs reached more than two in 1,000. (more…)

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