Based in part on a new quarterly record for world oil demand
set in the third quarter of 2010, analysts at Wood Mackenzie
forecasted in December that 2010 as a whole will set a new
record high for world oil demand. Growth in Asia is boosting
the global demand for oil, according to the analysts.
Public policies such as appliance and vehicle efficiency standards and building codes are responsible for at least 20% of the improvement in the US's energy intensity--energy use per unit of GDP. (Source: Institute for 21st Century Energy)
Estimated energy demand is charted to grow by almost 50% in the next 20 years.
Appliances account for roughly 65% of electricity consumption in the average American household (2001), with refrigerators and lighting making up the largest categories. (Source: EIA)
In 2007, renewable sources of energy accounted for about 7% of total U.S. energy consumption and 9.4% of electricity generation. (Source: EIA)
Fossil fuels provide more than 85% of all the energy consumed in the US, nearly two-thirds of our electricity, and virtually all of our transportation fuels. (Source: DOE)
