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
Short-term pressures on oil markets are easing with the economic slowdown and the expected return of Libyan supply. But vehicle-miles travelled usually tend to rebound as consumers become accustomed to the new level of price or as the economy recovers. Major changes in liquids supply in the New Policies Scenario, 2010-2035.
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