April 2007

Trends and Resources

HP Impact: HPImpact: Meeting energy demand should be top of US agenda, says DOE

The demand for energy is rising rapidly and will continue to do so in the coming decades. US government projections are that by 2030 global energy consumption will grow over 50%, with 70% of that grow..

Weirauch, Wendy, Hydrocarbon Processing Staff

The demand for energy is rising rapidly and will continue to do so in the coming decades. US government projections are that by 2030 global energy consumption will grow over 50%, with 70% of that growth coming from the world's emerging economies. To meet growing product demand, several realities must be confronted, according to the Department of Energy's (DOE) perspective. Speaking at CERAWeek, a large energy industry forum, US Secretary of Energy Samuel W. Bodman delivered a keynote presentation that addressed industry challenges and suggested a path forward. Goals. The world community must "embrace a new paradigm of energy security," according to Mr. Bodman. He highlighted five major

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