Tag Archives: United States

What Next for US Oil Demand?

US oil consumption peaked twelve years ago in 2005, at 40.3 quadrillion btu. And, since the great recession ended, US oil consumption has made a weak recovery from lower levels. Last year, US oil consumption reached 36.02 quadrillion btu; still more than 10% below the 2005 peak. None of this is surprising. Nor is it […]