Opinion: It’s The Demand, Dummy…Isn’t It?
World energy demand is bound to be driven by population growth on the other side of the world from Washington, D.C. Consumption is expected to be driven by the Middle East, Asia and Africa, which might not be able to turn their backs on petroleum and natural gas to satisfy their needs quite so easily. Africa and India stand to doubled their energy demand into 2050. Meanwhile, Washington seems narrowly focused on controlling energy consumption in the United States and Europe where, as data suggests, it’s already been falling.
February 18, 2019
