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IEO2014: World liquid fuels consumption to rise 38% by 2040

09.09.2014 / Energyboardroom

In the 2014 edition of its International Energy Outlook (IEO2014), the US Energy Information Administration projected world liquid fuels consumption to rise 38% by 2040. The agency also pointed out that world markets for petroleum and other liquid fuels have entered a period of dynamic change—in supply and demand.

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