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 |
Economics, civics, constitutional law, Supreme Court cases, AP Economics teaching resources, and classroom lessons by a retired social studies teacher.
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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