Total world demand for oil is expected to increase about 27 percent in the period 1985-2000. Demand in the centrally planned economies should remain constant. Oil consumption in the industrial countries is expected to grow only 19 percent in the same period. But the demand in the developing countries should grow about 50 percent. No other group of countries will experience so great an increase in demand for oil. As a result of "industrialization" shifts from the industrial countries to the developing nations, oil consumption in the industrial sectors of less developed countries has remained predominant over their transportation sectors. This has important ramifications for fuel substitution, efficiency improvements, and other policies.
Detalhes
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Autor
McKeogh, Kay Escay, Jose Sem, Sompheap
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Data do documento
1989/01/31
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TIpo de documento
Documento de trabalho sobre pesquisa de políticas
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No. do relatório
WPS112
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Nº do volume
1
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Total Volume(s)
1
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Data de divulgação
2010/07/01
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Nome do documento
A visual overview of world oil markets
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Palavras-chave
International markets; Consumption; Energy consumption; Prices; Demand forecasting; Crude oil
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