Energy Tomorrow Blog

Peak Oil Demand

bp  department of energy  domestic energy  oil demand  oil supply  fuel consumption  global oil 

Jane Van Ryan
Posted February 5, 2010

News flash: Global oil demand is expected to peak between 95 and 110 million barrels a day, according to BP's CEO Tony Hayward. As reported by Reuters yesterday, Hayward expects oil demand will begin to decline probably after 2020. Today the world consumes about 85 million barrels of oil a day.

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