Oil Consumption Growth Trends in China, India, & USA — Is 2025 Forecast Accurate?

Credit to Author: Zachary Shahan| Date: Thu, 19 Dec 2024 18:06:31 +0000

The US Energy Information Administration put out an interesting article today. The headline focused on growth of oil consumption in India compared to China — “India to surpass China as the top source of global oil consumption growth in 2024 and 2025.” I sat looking at the chart for several … [continued]

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The US Energy Information Administration Acknowledges Electric Vehicles Are Eating Into Chinese Oil Demand

Credit to Author: Zachary Shahan| Date: Fri, 22 Nov 2024 04:50:53 +0000

Yesterday, the same day that Juan Diego Celemín Mojica discussed at length for CleanTechnica the matter of global peak oil demand and how the International Energy Agency and OPEC+ are noticing versus ignoring EV sales growth in China and declining oil demand, the US Energy Information Administration put out an … [continued]

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Peak Oil Demand, EVs, & The Future Of Oil: A Cleantech Perspective

Credit to Author: Juan Diego Celemín Mojica| Date: Wed, 20 Nov 2024 18:34:41 +0000

The good news: oil demand is cooling. The bad news: it’s not yet done growing. One can’t really claim oil demand is “falling” (yet), but growth has slowed down to its lowest level in over a decade, with 2024 being a pivotal year. Let’s look at the realities of oil … [continued]

The post Peak Oil Demand, EVs, & The Future Of Oil: A Cleantech Perspective appeared first on CleanTechnica.

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