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IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

Green Car Congress

Under the WEO 2011 central scenario, oil demand rises from 87 million barrels per day (mb/d) in 2010 to 99 mb/d in 2035, with all the net growth coming from the transport sector in emerging economies. Oil and the Transport Sector: Reconfirming the End of Cheap Oil. The passenger vehicle fleet doubles to almost 1.7 billion in 2035.

Oil 247
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Opinion: How Much Longer Can OPEC Hold Out?

Green Car Congress

With the huge reduction in its revenues and growing discomfort among its members such as Venezuela, Libya and Nigeria over its current production levels, is OPEC really getting weaker? Containing some of the largest proven oil and gas reserves in the world, Venezuela is one of the founding members of OPEC. Nigeria’s dilemma.

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Mad Power thoughts

EV Info

Ministers decided they would rather throw hundreds of Northern workers out of a job, turn down hundreds of millions of pounds of investment and rely instead – for the five million tonnes of coal per year gap that we still need for industry – on energy imports from those famously reliable partners, Russia and Venezuela. Gas is the only answer.

Power 52