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Commodities Briefing - Categorized | Energy, Oil, Price Watch more

Energy agency: Oil demand slowing, causes are many

Posted on 18 December 2008

From AP: The government is predicting virtually no growth in U.S. oil consumption between now and 2030. The Energy Information Administration attributes this trend to increases in conservation, a greater use of renewable fuels and an expected rebound in oil prices.

The agency also said Wednesday that overall energy use will continue to increase, but at a slower rate….. Full Article: Source


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