Global liquid-fuel use to grow by 19%: U.S.
Global use of petroleum and other liquid fuels will grow by nearly a fifth by 2040, driven by the transportation and industrial sectors, the U.S. government said on Thursday.
Consumption is set to grow from 95 million barrels a day in 2015 to 104 million b/d in 2030 and 113 million b/d in 2040, according to the U.S. Energy Information Administration’s international energy outlook for 2017.
That reference case would mean a 19-per-cent increase between 2015 to 2040.
Countries outside of the Organization for Economic Co-operation and Development account for most of the increase, with demand rising by 1.3 per cent a year, compared with a slight decrease for those in the group.