Comment on Peak Oil Demand Could Be Less Than 2 Decades Away

Peak Oil Demand Could Be Less Than 2 Decades Away

Global oil demand has expanded at a relatively steady pace for decades. At its current growth rate, global oil consumption will hit the 100-million-barrel-per-day (BPD) mark next year, up from 97.8 million BPD in 2017. According to most forecasts, including that of the International Energy Agency (IEA), demand should continue climbing until at least 2040 even with accelerated growth in electric vehicles.

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News