Exxon's tranportation fuels forecast to 2040

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GRA

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Via Green Car Congress:

ExxonMobil: diesel will surpass gasoline as the number one global transportation fuel by 2020

9 March 2013

"Diesel will surpass gasoline as the number one transportation fuel worldwide by 2020 and continue to increase its share through 2040, according to ExxonMobil’s recently published Outlook For Energy: A View To 2040. The relative shift away from motor gasoline to diesel is driven by improving light-duty vehicle fuel economy and the growth in commercial transportation activity. Diesel demand accounts for 70% of the growth in demand for all transportation fuels through the forecast period to 2040.

"Fuel demand for heavy-duty vehicles, the largest subsector, sees the greatest growth, up 65%, and accounts for 40% of all transportation demand by 2040. About 80% of the growth in commercial transport demand will come from developing nations, according to the forecast. Fuel for aviation and marine will increase about 75% and 90%, respectively, over the Outlook period, with their combined share growing from about 20% today to more than 25% by 2040."

Full article here:

http://www.greencarcongress.com/2013/03/xom-20130309.html" onclick="window.open(this.href);return false;
 
thankyouOB said:
the blind leading the blind.
it's a political document at least as much as a geologic or scientific analysis.
Sure, just as all the other forecasts by stakeholders have agendas. I provide a link to it and other forecasts from a variety of perspectives, so that people can decide for themselves which they find most credible.
 
GRA said:
thankyouOB said:
the blind leading the blind.
it's a political document at least as much as a geologic or scientific analysis.
Sure, just as all the other forecasts by stakeholders have agendas. I provide a link to it and other forecasts from a variety of perspectives, so that people can decide for themselves which they find most credible.

i wasnt criticizing you, just sayin that document is full of spin and BS.

folks should read Private Empire and see for themselves how Exxon has its own national security and foreign policy that intersects with good ol' USA interests only by happenstance.
http://www.amazon.com/Private-Empire-ExxonMobil-American-Power/dp/1594203350" onclick="window.open(this.href);return false;
 
https://www.cnbc.com/2022/06/25/exxon-mobil-ceo-all-new-passenger-cars-will-be-electric-by-2040.html

The oil giant is predicting that by 2040, every new passenger car sold in the world will be electric, CEO Darren Woods told CNBC’s David Faber in an interview.
 
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