IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil
Green Car Congress
NOVEMBER 13, 2011
The largest increase in oil production comes from Iraq, followed by Saudi Arabia, Brazil, Kazakhstan and Canada. from the Bakken shale) are developed, but increasing reliance on oil imports elsewhere heightens concerns about the cost of imports and supply security. trillion in subsidies over the projection period.
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