Topics :World Energy Consumption
- In 1973, oil accounted for 46 percent of the world's total energy consumption; by 2005, its share had declined to 35 percent
China oil demand (2007)- Developed industrialized countries consume around 43 millions oil barrels daily on an average while developing countries consume 22 million (2008)
- In 2008, demand grew in countries subsidizing oil by nearly 1 million barrels per day, despite high prices
- The world crude oil production grew from 21 million barrels per day in 1960 to 56 mbd in 1973, a growth of 166%
- The G-20 accounts for over 80 percent of the world's energy use (2008)
- The Middle East holds 62 percent of the world's proven oil reserves (2008)
- World energy consumption by region (as of 2004)
- As of 2005, oil remains well ahead of other energy sources (35%), coal meets 25 percent of the world's energy needs, natural gas is next (20%), and nuclear power meets 6 percent of the planet's energy needs
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