A New Geopolitical Jevons Paradox? A Look at Non-OECD Oil Demand
This is part 2 of my post
on oil demand. This time I look at the
Non-OECD demand and how it may impact global oil demand. Based on data
from the
2009
BP Statistical Review, the OECD oil consumption in
2008 decreased by -3.2% while demand within emerging economies
increased by +3.1%. The report also indicates that oil production from
OECD
countries has been...
