Tag: oil consumption
Oil’s Calm Before the Storm: Hidden Weaknesses, China’s Stockpiles and the Oil Demand Mirage
A year ago, I published an article on Peak Oil Demand and the impact EVs would have in the world’s most traded commodity. I thought a followup was worth it by now because some things have become clearer, but more importantly, because weird things have been happening in the world … [continued]
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Clean Energy Just Put China’s CO2 Emissions into Reverse for 1st Time
For the first time, the growth in China’s clean power generation has caused the nation’s carbon dioxide (CO2) emissions to fall despite rapid power demand growth. The new analysis for Carbon Brief shows that China’s emissions were down 1.6% year-on-year in the first quarter of 2025 and by 1% in … [continued]
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From Coal Dominance To Renewables: How Poland Changed Its Energy Story
Poland’s energy story is both a cautionary tale and an inspiring narrative about how a nation heavily dependent on coal has managed to diversify its energy mix significantly within just a few decades. Back in 1990, Poland was essentially synonymous with coal energy, relying on it for nearly three-quarters of … [continued]
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A Perfect Storm For Energy Is Coming To The US
It looks to me like a perfect storm for energy is coming to the United States. The Trump administration is trying to push energy resources that cannot be built quickly, while attempting to kill some that can. And this is happening just as demand is increasing. I believe we will … [continued]
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US EIA Forecasts World Oil Consumption Growth to Slow Amid Less Economic Activity
We forecast consumption growth of crude oil and other liquid fuels will slow over the next two years, driven by a slowdown in economic growth, particularly in Asia, in our May Short-Term Energy Outlook (STEO). The world economy, measured by GDP, increases 2.8% in 2025 and 2026 in our forecast. Excluding the … [continued]
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