Brochure #: DOE/EIA-X042(2007)
Release Date: July 2007
Next Release Date: July 2008
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International Energy
Outlook
2007
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World Marketed Energy Use: OECD and Non-OECD

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In the IEO2007 reference case, world energy consumption is projected to increase by 57 percent between 2004 and 2030, rising to 702 quadrillion British thermal units (Btu).
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Much of the growth in worldwide energy use is projected for the non-OECD economies; energy use in the non-OECD exceeds that of the OECD by 2010.
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World Marketed Energy Use: OECD and Non-OECD

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Industrial Sector Energy Consumption by Region |
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In 2004 the OECD accounted for 44 percent of the world’s industrial sector energy use; that share declines to 33 percent in 2030.
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Industrial sector energy use— driven by energy intensive industries—expands more rapidly in the non-OECD countries where investors are attracted by lower costs and fewer environmental constraints than in the OECD countries.
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World Oil Consumption and Production by Region
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World Oil Prices in Three Cases

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In the IEO2007 reference case, world oil prices decline from $68 per barrel in 2006 (in real 2005 dollars) to $49 per barrel in 2014, then rise to $59 per barrel in 2030 ($95 per barrel on a nominal basis).
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World Liquids Production

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To meet the increment in world liquids demand in the reference case, total supply in 2030 is projected to be 35 million barrels per day higher than the 2004 level of 83 million barrels per day.
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Unconventional resources (including bio-fuels, coal-to-liquids, and gas-to- liquids) are expected to become increasingly competitive and account for 9 percent of total world liquids supply in 2030, on an oil equivalent basis.
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