Wednesday, June 16, 2010

World oil consumption

The latest figures from BP's annual Statistical Review of World Energy show that world oil consumption fell by 1.2 mbpd in 2009 to 84.77 mbpd and production dropped by 2 mbpd, both declines being the largest since 1982. India's consumption was 3/.183 mbpd, China's 8.625, and US 18.686 mbpd.

2 comments:

Anonymous said...

Reasons? Economic recession?
Price signal?

Is there a need to preserve oil?
Research on alternate fuels?
All of these are price related.

Why to postpone the price signal now?

Anonymous said...

can we design economic and human activity to reduce energy?
Is there such a big imperative at this time?
There is no thought ion this at this point of time.