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transportation demand chart


Global transportation energy mix evolves

  • Oil meets about 95 percent of transportation energy needs due to widespread availability, economic advantages and high energy density
  • Gasoline demand flattens as average new-car fuel economy improves
  • Diesel demand grows 30 percent to meet trucking and marine needs, while jet fuel demand rises about 50 percent
  • Fuel oil will continue to be used in marine shipping, though utilized with scrubbers or desulfurized to meet regulatory requirements
  • Natural gas, biofuels and electricity grow significantly in select sectors