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Crude and lease condensate includes tight oil, shale oil, extra-heavy crude oil, field condensate, and bitumen (i.e., oilsands, either diluted or upgraded). oil shale), and refinery gain. OPEC oil producers are the largest source of additional liquid fuel supply between 2010 and 2040.
World energy growth over the next twenty years is expected to be dominated by emerging economies such as China, India, Russia and Brazil while improvements in energy efficiency measures are set to accelerate, according to BP’s latest projection of energy trends, the BP Energy Outlook 2030. Coal will increase by 1.2% Click to enlarge.
The Outlook for Energy identifies a significant evolution in the trade of oil and other liquids. A major shift is seen as North America will likely become a net exporter of liquids by 2020 as supplies of tight oil, natural gas liquids and bitumen from oilsands increase. —Outlook.
Map of the assessment units (AUs) of the CARA is color-coded for mean estimated undiscovered oil. The US Geological Survey (USGS) has completed a geologically-based assessment of the oil and gas resource potential of the Arctic, the Circum-Arctic Resource Appraisal (CARA). Black lines indicate AU boundaries. Source: USGS CARA.
World oil prices have fallen sharply from their July 2008 high mark. As the world’s economies recover, higher world oil prices are assumed to return and to persist through 2030. In the IEO2009 reference case, world oil prices rise to $110 per barrel in 2015 (in real 2007 dollars) and $130 per barrel in 2030. Transportation.
2 ] Rasmussen’s “one agreement, two steps” plan was quickly endorsed by US President Obama, as well as Australia’s Prime Minister Rudd and Russia’s President Medvedev, all of whom were present at the APEC summit. Canada’s 2009 GHG emissions are 48.7% Canada’s 2009 GHG emissions are 48.7%
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