VOL. XLVII

No 08

23-February-2004

SUPPLY/DEMAND

ExxonMobil Sees Worldwide Energy Demand Growing 40% By 2020

By 2020 global energy demand will be about 40% higher than today, according to ExxonMobil. In its Report On Energy Trends, Greenhouse Gas Emissions And Alternative Energy, published in early February (and available on the company website www.exxonmobil.com), the company adds: By then the worlds consumption is likely to approach 300mn b/d of oil equivalent (boed). We expect that 60% of this...