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International Energy Outlook 2004. with projections to 2025. Dan Butler Oil Market Analyst Energy Information Administration. June 22, 2004. International Energy Outlook 2004 indicates that over the next 24 years ….

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slide1

International Energy Outlook

2004

with projections to 2025

Dan Butler

Oil Market Analyst

Energy Information Administration

June 22, 2004

international energy outlook 2004 indicates that over the next 24 years
International Energy Outlook 2004 indicates that over the next 24 years …
  • Energy use will grow strongly, especially among the developing countries (2.7% per year in the developing world)
  • There will be continued reliance on fossil fuels through 2025; oil remains the dominant fuel type (39 % of total world energy use)
  • Natural gas is the fastest growing source of primary energy (2.2% per year)
  • Coal will continue to be the predominant source for electricity generation, but natural gas will be an important supply source for power generation in many parts of the world, given its efficiency and environmental benefits.
  • Carbon dioxide emissions resulting from the combustion of fossil fuels will continue to grow (1.9% per year)
world primary energy consumption by fuel type 1970 2025
World Primary Energy Consumption by Fuel Type, 1970-2025

Share of

World

Total

Source: EIA, International Energy Outlook 2004

world oil consumption and production 2001 2010 and 2025
World Oil Consumption and Production, 2001, 2010, and 2025

Source: EIA, International Energy Outlook 2004

world oil reserves by country as of january 1 2004
World Oil Reserves by Country, as of January 1, 2004

Source: "Worldwide Look at Reserves and Production."Oil & Gas Journal,

Vol. 100, No. 49 (December 22, 2003), pp. 46-47.

slide8
U.S. Petroleum Imports from Western Hemisphere Sources

2001 and 2025

(Million Barrels per Day)

Crude Oil 2001 2025

Canada 1.36 2.44

Mexico 1.39 2.02

Venezuela 1.29 2.28

Other C & SA 0.52 0.54

Refined Products 2001 2025

Canada 0.47 0.89

Mexico 0.05 0.06

Venezuela 0.27 0.82

Other C & SA 0.39 0.94