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IEA: global map of oil refining and trade to be redrawn over next 5 years

Green Car Congress

Profound shifts in the regional distribution of oil demand and supply growth will redefine the refining industry and transform global oil trade over the next five years, according to the annual Medium-Term Oil Market Report (MTOMR) released by the International Energy Agency (IEA). The oil market is at a crossroads.

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BP Energy Outlook 2030 sees emerging economies leading energy growth to 2030; global CO2 emissions from energy well above IEA 450 scenario

Green Car Congress

Natural gas is projected to be the fastest growing fossil fuel, and coal and oil are likely to lose market share as all fossil fuels experience lower growth rates. OECD oil demand peaked in 2005 and in 2030 is projected to be roughly back at its level in 1990. Oil, excluding bio-fuels, will grow relatively slowly at 0.6%

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RAND reports suggest US DoD use less petroleum fuel to deal with high prices, not count on alternatives

Green Car Congress

However, the US military can play an important role in promoting stability in major oil producing regions and by helping protect the flow of energy through major transit corridors and on the high seas, the reports suggest. Earlier post.). Unless addressed, pipeline security issues will impede investment in Turkey, Bartis suggested.

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Cleantech Blog: Smart Grids and Electric Vehicles

Tony Karrer Delicious EVdriven

Renewables That Even Coal-Based Utilities Can Love. Millions of EVs and PHEVs would expand the sale of electricity as an alternative to oil. Why not ake it all the way and spend 1 year of Iraq on retrofitting every home in America with nano solar. No more Big OIL - think of the extra money stimulating the economy!

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