Monday, August 26, 2013

World Oil Consumption Since 1980

From EIA:



The world's consumption of gasoline, diesel fuel, jet fuel, heating oil, and other petroleum products reached a record high of 88.9 million barrels per day (bbl/d) in 2012, as declining consumption in North America and Europe was more than outpaced by growth in Asia and other regions (see animated map). A previous article examined regional trends in petroleum consumption between 1980 and 2010; today's article extends that analysis through 2012. Petroleum use in North America, which is dominated by consumption in the United States, has declined since 2005. Declines in petroleum consumption in the United States in 2008 and 2009 occurred during the economic downturn. Increased consumption in 2010 reflected improving economic conditions. In 2011 and 2012, higher oil prices and increased fuel efficiency of light-duty vehicles contributed to reduced U.S. consumption. Motor gasoline consumption, which makes up almost half of total U.S. liquids fuel consumption, fell by 290,000 bbl/d between 2010 and 2012 as the Corporate Average Fuel Economy standards led to improvements in vehicle fuel economy that outpaced highway travel growth.
 It is good U.S. consumption has decreased since 2005, but we have a hell of a way to go.  Our oil consumption is just burning money with no real gain, as the fuel is used to support unsustainable land use patterns.  In the future, we will become significantly more urban, as the outer suburbs quit growing and begin to contract.  The global pinch will continue as our conventional oil continues to decrease in production, and the shale oil doesn't last as long as predicted.

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