Abstract
The demand for oil is an increasingly global matter and any analysis of oil demand must take into consideration the global forces governing it. Oil demand is tightly linked to the transport sector and that relationship is likely to continue to be strengthened. This paper discusses the recent forecast by DRI/McGraw-Hill for oil demand out to the year 2020 and identifies geographic areas of the world that are likely to dominate growth in oil demand in the next two decades. The link to the transport sector is specifically addressed in this paper, as are the potential effects of environmental concerns around the world.
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The text of this paper is largely taken from the transcript of an audio tape of the author’s remarks at the TRB Annual Meeting, Washington, January 15, 1997.
The author was with DRI/McGraw-Hill when this paper was prepared.
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Pariente-David, S. The future of global oil demand and the growing role of the transport sector. Nat Resour Res 7, 129–135 (1998). https://doi.org/10.1007/BF02767706
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DOI: https://doi.org/10.1007/BF02767706