Consumption


All posts for Consumption

Our Finite World: The World’s Fragile Economic Condition – Part 1

Posted on September 23, 2018 by Gail Tverberg Where is the world economy heading? In my opinion, a large portion of the story that we usually hear about how the world economy operates and the role energy plays is not really correct. In this post (to be continued in Part 2 in the ne ...

Gail Tverberg


Posted 2 months agoOpinion > Gail TverbergOur Finite WorldOil +3

How Energy Shortages Really Affect the Economy

Many people expect energy shortages to lead to high prices. This is based on their view of what “running out” of oil might do to the economy. In this post, I look at historical data surrounding inadequate energy supply. I also consider some of the physics associated with the situation. I see a str ...

Gail Tverberg


Posted 3 months agoOpinion > Our Finite WorldGail TverbergEnergy +6

Higher Economic Growth in Africa Could Lead to More Energy Use, Especially in Industry

Source: U.S. Energy Information Administration, International Energy Outlook 2018 Note: PPP is purchasing power parity. Africa, with its wealth of natural resources and fast-growing population, may have a significant impact on international energy markets over the next 25 years. The In ...

OilVoice Press - OilVoice


Posted 4 months agoOpinion > Economic GrowthAfricaEnergy +3

Supplemental Energy Puts Humans In Charge

Energy is a subject that is greatly misunderstood. Its role in our lives is truly amazing. We humans are able to live and move because of the energy that we get from food. We count this energy in calories. Green plants are also energy dependent. In photosynthesis, plants use energy from the sun to ...

Gail Tverberg


Posted 4 months agoOpinion > EnergyGail TverbergOur Finite World +2

China’s Projected Energy Consumption Mainly Depends on its Overall Growth Rate

Source: U.S. Energy Information Administration, International Energy Outlook 2018 Note: PPP is purchasing power parity. As the world's top producer of energy-intensive goods, China's energy consumption is tied to both its rate of economic growth and the size of its energy-intensive man ...

OilVoice Press - OilVoice


Posted 4 months agoOpinion > ChinaEIAEnergy Information Administration EIA +2

EIA’s Latest International Energy Outlook Highlights Analysis of China, India, and Africa

Source: U.S. Energy Information Administration, International Energy Outlook 2018 China, India, and Africa are three of the most populated parts of the world. Their economies collectively consume about one-third of all global energy, and their energy consumption is projected to grow faster ...

OilVoice Press - OilVoice


Posted 4 months agoOpinion > EIAEnergy Information Administration EIAEnergy +5

Petroleum, Natural Gas, and Coal Still Dominate U.S. Energy Consumption

Source: U.S. Energy Information Administration, Monthly Energy Review Today in Energy would like to wish you a happy Fourth of July. New articles will resume on Monday, July 9. Fossil fuels—petroleum, natural gas, and coal—have accounted for at least 80% of energy consumption in the U ...

OilVoice Press - OilVoice


Posted 5 months agoOpinion > EIAEnergy Information Administration EIAUnited States +7

Eight Insights Based on December 2017 Energy Data

BP recently published energy data through December 31, 2017 in its  Statistical Review of World Energy 2018 . The following are a few points we observe, looking at the data: [1] The world is making limited progress toward moving away from fossil fuels. The two bands that top fossil fuels that a ...

Gail Tverberg


Posted 5 months agoOpinion > EnergyBPGail Tverberg +6

Adoption of Autonomous Vehicles Could Increase U.S. Transportation Energy Consumption

Source: U.S. Energy Information Administration, Annual Energy Outlook 2018 Autonomous Vehicles: Uncertainties and Energy Implications Autonomous vehicles are one of the main sources of uncertainty in the future of U.S. transportation energy consumption, as autonomous vehicle technology has ...

OilVoice Press - OilVoice


Posted 5 months agoOpinion > United StatesUSEIA +3

Our Energy Problem Is a Quantity Problem

(This post consists of a short overview article I recently wrote for Transform , a magazine for Environment and Sustainability Professionals,  plus six related Questions and Answers.) Reading many of today's energy articles, it is easy to get the impression that our energy problem is a quality  ...

Gail Tverberg


Posted 6 months agoOpinion > EnergyGail TverbergConsumption +5

Customer Spending on Electricity Expected to Increase This Summer

Source: U.S. Energy Information Administration, Short-Term Energy Outlook , April 2018 EIA's Short-Term Energy Outlook forecasts the typical U.S. household will spend an average of $426 for electricity this summer (June–August), an increase of about 3% from the average summer expenditur ...

OilVoice Press - OilVoice


Posted 7 months agoOpinion > United StatesEIAUS +4

U.S. Natural Gas Production and Consumption Increase in Nearly All AEO2018 Cases

Source: U.S. Energy Information Administration, Annual Energy Outlook 2018 EIA's Annual Energy Outlook 2018 (AEO2018) projects that U.S. dry natural gas production will increase through 2050 across a wide variety of alternative assumptions about the future. In the Reference case, which ...

OilVoice Press - OilVoice


Posted 7 months agoOpinion > United Statesnatural gasUS +6

U.S. Ethane Consumption, Exports to Increase as New Petrochemical Plants Come Online

Source: U.S. Energy Information Administration, Short-Term Energy Outlook February 2017 Over the next two years, EIA's Short-Term Energy Outlook (STEO) projects growth in U.S. consumption of ethane in the petrochemical industry will exceed increases in consumption of all other petroleu ...

OilVoice Press - OilVoice


Posted 9 months agoOpinion > EIAEnergy Information Administration EIAUnited States +5

Indian Oil Demand to Bounce Back in 2018

India's consumption of oil products will accelerate in 2018 after unusually slow growth in 2017, according to ESAI Energy's newly published Asia Watch Products. The report explains that, due to a faltering economy, demand growth slowed for almost every fuel in 2017, with kerosene, naphtha, and fuel ...

OilVoice Press - OilVoice


Posted 1 year agoPress > Indiaoil demandESAI Energy +2

China Leads the Growth in Projected Global Natural Gas Consumption

Source: U.S. Energy Information Administration, International Energy Outlook 2017 Global natural gas consumption is expected to grow from 340 billion cubic feet per day (Bcf/d) in 2015 to 485 Bcf/d by 2040, primarily in countries in Asia and in the Middle East, based on projections in EIA' ...

OilVoice Press - OilVoice


Posted 1 year agoOpinion > EIAEnergy Information Administration EIAChina +2