ESAI Predicts Demand For OPEC Crude Will Exceed Capacity After 2020

...is year to 2014, with global oil demand growth averaging 1.7% a year. “After that, however, improvements in fuel economy, the penetration of non-petroleum based fuels in transport, and a price on carbon will all contribute to the scaling back of oil demand growth to a long term average around 1.0%.” Ye...