Global oil demand may peak before 2020

01/12/2011

Recent research by Ricardo Strategic Consulting challenges the concept that ‘peak oil’ will be a supply side phenomenon. Instead, the study suggests that demand for oil may well peak before 2020, falling back to levels significantly below 2010 demand by 2035.

Article details

PR Dec 2011 - p42.pdf

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Journal title: Petroleum Review

Publisher: Energy Institute

Keywords: supply - Demand

Subjects: Resource use and management, Research and development, Transportation, Transmission and Distribution, Oil and gas, Oil, Peak oil