Despite the global economic recession, preliminary data suggest oil demand remains rather resilient. According to the latest reported information from the Energy Information Administration (EIA), Global Petroleum Consumption is down one percent y/y in 2008 while China and India show increases of 4% and 5%, respectively. However, current data through September [...]
Entries from January 2010
Global Oil: Economic Recovery should Drive Demand and Price
January 16th, 2010 · 1 Comment
Tags: Alternative Energy · Energy Costs · Energy Economics · Energy Expenditures · Energy Security · Historic Energy · Hydrocarbon Fuels · Oil Energy · Peak Oil