Wednesday, January 25, 2012

Global Oil Demand Is Growing Faster In The New World

This graph tells an interesting picture. It breaks down oil demand into a group that includes the US, Europe and Japan. The other group consists of the rest of the world. It shows that demand in the rest of the world is higher than it is in the "Old World". It also shows that it has been growing faster than demand in the old world. Demand actually declined in the old world. It is at the level it was in 2009.

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