VOL. XLIII

No. 15

10-April-2000

US

US Department Of Energy Expects Transportations Share Of Oil Consumption Will Grow By 2020

Oil is expected to maintain its domination of the global transport fuels market, with the share of global consumption for transport expected to rise from 49% in 1997 to 55% in 2020, according to the Energy Information Administration (EIA) of the US Department of Energy. In its International Energy Outlook 2000 report published in March, the EIA predicts that global oil...