Crash Survival Zone

Surviving the Economic Crisis

27 May

Global energy demand seen up 44 percent by 2030

Global energy demand is expected to soar 44 percent over the next two decades with most of the demand coming from developing countries such as China and Russia, the U.S. government’s top energy forecasting agency said on Wednesday.

The worldwide economic downturn has hit energy consumption, but an expected recovery next year could respark demand and boost prices, the Energy Information Administration said in its new forecast.

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Reuters

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