From 2005 to 2015, global oil usage has only increased from 83 million to 93 million bpd (1.13% CAGR). Human population and the economy are growing at rates higher than 1.13%, so that means oil is giving up ground to other energy sources.
Sunday, 21 June 2015
Visualizing The World's Ten Biggest Oil And Gas Companies
http://www.visualcapitalist.com/wp-content/uploads/2015/06/worlds-biggest-oil-gas.html
From 2005 to 2015, global oil usage has only increased from 83 million to 93 million bpd (1.13% CAGR). Human population and the economy are growing at rates higher than 1.13%, so that means oil is giving up ground to other energy sources.
From 2005 to 2015, global oil usage has only increased from 83 million to 93 million bpd (1.13% CAGR). Human population and the economy are growing at rates higher than 1.13%, so that means oil is giving up ground to other energy sources.
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