EIA projects world liquid fuels use to rise 38% by 2040, driven by growth in Asia and Middle East; transportation 92% of demand
Green Car Congress
SEPTEMBER 10, 2014
oil shale), and refinery gain. World markets for petroleum and other liquid fuels have entered a period of dynamic change in both supply and demand, the EIA noted, leading to its reassessment of its outlook for long-term global liquid fuels markets in IEO2014. Non-OPEC crude and lease condensate production increases by 10 MMbbl/d.
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