Peak Oil and the Evolving Strategies of Oil Importing and Exporting Countries: Facing the Hard Truth about an Import Decline for the OECD countries
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Statistical trends of oil intensity from individual countries and groups of countries show that an average increase of GDP of 3% per annum equates to a projected demand for liquids of 101 Million barrels per day (Mbpd) by the year 2030. This analysis shows that this demand cannot be fulfilled by production from current reserves and expected new...
