The rise of Asia accounts for much of the overall net increase in consumption. The total consumption (demand) of oil worldwide has increased approx 37% (85 minus 62 divided by 62) in 30 years.
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| Source: EIA |
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| Source: EIA |
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Saturday, February 25, 2012
A couple of sobering charts showing the change in world oil consumption since 1980. Not a "barrel" of laughs...
A couple of sobering charts showing the change in world oil consumption since 1980.
The rise of Asia accounts for much of the overall net increase in consumption. The total consumption (demand) of oil worldwide has increased approx 37% (85 minus 62 divided by 62) in 30 years.
The rise of Asia accounts for much of the overall net increase in consumption. The total consumption (demand) of oil worldwide has increased approx 37% (85 minus 62 divided by 62) in 30 years.
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