Global Oil Demand Can Only Increase

By |2017-02-08T04:29:44+00:00August 28th, 2016|Categories: Oil News|

While incremental annual gains obviously vary, there is nothing more assured than increasing global oil demand. The steady drumbeat of more people, making more money, using more oil may be boring to some, but it is also perhaps our most fundamental energy reality. The world now consumes ~95 million b/d of oil, up from 86 million b/d in 2008 and a 11% rise [...]