Quantcast

World Petroleum Use Sets Record High, Asia Remains Largest Consumer

Energy

U.S. Energy Information Administration

The world's consumption of gasoline, diesel fuel, jet fuel, heating oil and other petroleum products reached a record high of 88.9 million barrels per day (bbl/d) in 2012, as declining consumption in North America and Europe was more than outpaced by growth in Asia and other regions.

A previous article examined regional trends in petroleum consumption between 1980 and 2010; today's article extends that analysis through 2012.

Note: Oceania is grouped with Asia; it accounts for 1% of world consumption. U.S. EIA, International Energy Statistics

Some recent annual trends in Asia, North America and Europe, the world's top three petroleum-consuming regions, are discussed below:

Asia

In 2009, Asia surpassed North America as the world's largest petroleum-consuming region as consumption rebounded from its 2008 decline. Between 2008 and 2012, Asia's consumption increased by 4.4 million bbl/d. The rapidly industrializing economies of China and India fueled much of Asia's demand increase, growing 2.8 million bbl/d and 800,000 bbl/d, respectively. If China's use of petroleum continues to grow as projected, it is expected to replace the U.S. as the world's largest net oil importer this fall.

North America

Petroleum use in North America, which is dominated by consumption in the U.S., has declined since 2005. Declines in petroleum consumption in the U.S. in 2008 and 2009 occurred during the economic downturn. Increased consumption in 2010 reflected improving economic conditions. In 2011 and 2012, higher oil prices and increased fuel efficiency of light-duty vehicles contributed to reduced U.S. consumption. Motor gasoline consumption, which makes up almost half of total U.S. liquids fuel consumption, fell by 290,000 bbl/d between 2010 and 2012 as the Corporate Average Fuel Economy standards led to improvements in vehicle fuel economy that outpaced highway travel growth.

Europe

Petroleum use in Europe has declined in every year since 2006. Part of this decline was related to a reduction in overall energy intensity and government policies that encourage energy efficiency. Europe's weak economic performance has also affected its petroleum use, with declines of 780,000 bbl/d in 2009 and 570,000 bbl/d in 2012 occurring at a time of slow growth and/or recessions in many European countries.

Visit EcoWatch’s ENERGY page for more related news on this topic.

——–

EcoWatch Daily Newsletter

Pexels

By Ketura Persellin

Global consumption of beef, lamb and goat is expected to rise by almost 90 percent between 2010 and 2050. But that doesn't mean you need to eat more meat. In fact, recent news from Washington gives you even less confidence in your meat: Pork inspections may be taken over by the industry itself, if a Trump administration proposal goes into effect, putting tests for deadly pathogens into the hands of line workers.

Read More Show Less
Pexels

By Kaitlyn Berkheiser

While enjoying an occasional alcoholic beverage is unlikely to harm your health, drinking in excess can have substantial negative effects on your body and well-being.

Read More Show Less
Sponsored
MStudioImages / E+ / Getty Images

By Jillian Kubala, MS, RD

Backpacking is an exciting way to explore the wilderness or travel to foreign countries on a budget.

Read More Show Less
Tim P. Whitby / 21st Century Fox / Getty Images

The beauty products we put on our skin can have important consequences for our health. Just this March, the U.S. Food and Drug Administration (FDA) warned that some Claire's cosmetics had tested positive for asbestos. But the FDA could only issue a warning, not a recall, because current law does not empower the agency to do so.

Michelle Pfeiffer wants to change that.

The actress and Environmental Working Group (EWG) board member was spotted on Capitol Hill Thursday lobbying lawmakers on behalf of a bill that would increase oversight of the cosmetics industry, The Washington Post reported.

Read More Show Less
A protest march against the Line 3 pipeline in St. Paul, Minnesota on May 18, 2018. Fibonacci Blue / CC BY 2.0

By Collin Rees

We know that people power can stop dangerous fossil fuel projects like the proposed Line 3 tar sands oil pipeline in Minnesota, because we've proved it over and over again — and recently we've had two more big wins.

Read More Show Less
Sponsored
Scientists released a study showing that a million species are at risk for extinction, but it was largely ignored by the corporate news media. Danny Perez Photography / Flickr / CC

By Julia Conley

Scientists at the United Nations' intergovernmental body focusing on biodiversity sounded alarms earlier this month with its report on the looming potential extinction of one million species — but few heard their calls, according to a German newspaper report.

Read More Show Less
DoneGood

By Cullen Schwarz

Ethical shopping is a somewhat new phenomenon. We're far more familiar with the "tried and tested" methods of doing good, like donating our money or time.

Read More Show Less
Pixabay

Summer is fast approaching, which means it's time to stock up on sunscreen to ward off the harmful effects of sun exposure. Not all sunscreens are created equally, however.

Read More Show Less