August 2007

Trends and Resources

HP Impact: HPImpact: Review: Crude runs echo regional demand upswings in 2006

The year 2006 presented another 12 months of high and volatile energy prices. But despite elevated costs, world energy consumption growth remained above average, continuing the trend of recent years..

Weirauch, Wendy, Hydrocarbon Processing Staff

The year 2006 presented another 12 months of high and volatile energy prices. But despite elevated costs, world energy consumption growth remained above average, continuing the trend of recent years. Energy use is also increasingly shifting away from OECD countries and becoming more carbon-intensive. "It was a year when energy markets were once again the center of attention, attracting the interest of politicians, consumers and policy-makers alike," says Christof Rühl, BP's chief economist-designate. The oil company recently released its annual Statistical Review of World Energy. Here are key highlights from BP's comprehensive analysis: Overview. For the second year in a row,

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