VOL. XLVII
No 17
26-April-2004
SUPPLY/DEMAND
EIA Envisages Oil Demand Growth Of 1.9% A Year To 2025
The Energy Information Administration (EIA) of the US Department of Energy predicts that global energy consumption will increase by 54% from 2001 to 2025, with oil remaining the predominant energy source. In the International Energy Outlook 2004, published on 14 April, the EIA says that in its reference projection, World oil demand increases by 1.9% annually over the 24-year projection period, from...
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