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Entries from August 2013

Perspective on Global Oil Consumption – Possible Plateau for Oil Consumption?

August 11th, 2013 · 1 Comment

Global oil demand grew 0.6% in 2012 and over the last ten years oil consumption grew at a compounded annual growth rate (CAGR) of 1.3%. With near term oil demand at a lower level then the trend for the past ten years suggests the pace in oil consumption is slowing. According to the Energy Information […]

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Tags: Automobile Fuel Efficiency · Energy Costs · Energy Economics · Historic Energy · Oil Energy · Oil Independence · Peak Oil