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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. Subsidies that encourage wasteful consumption of fossil fuels jumped to over $400 billion. billion in 2035. Click to enlarge.

Oil 247
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Groundbreaking in Turkmenistan for major synthetic gasoline plant; first full-scale Haldor Topsøe TIGAS facility

Green Car Congress

TIGAS makes it possible to produce high quality, high value gasoline from natural gas, shale gas, associated gas, coal, pet coke or even biomass. Unlike DME, methanol and ethanol, synthetic gasoline meets existing gasoline standards so it can be used as a drop-in fuel. Fuels Gas-to-Liquids (GTL) Natural Gas' —Bjerne S.