What happens when...
Posted by Stuart Staniford on December 7, 2005 - 5:06am
Topic: Demand/Consumption
Tags: china, hubbert peak, india, oil prices, peak oil [list all tags]
Which is mightier: the logistic equation with it's stern command that production shall increase no more? Or these two-and-a-half billion people with their exponential desire to drive?

Oil consumption of China and India as reported by BP Statistical Review of World Energy.

Oil consumption of China and India as reported by BP Statistical Review of World Energy, together with exponential fits to the data extrapolated to 2025.

Annual percentage changes in oil consumption of China and India as reported by BP Statistical Review of World Energy.

Oil consumption of China and India as reported by BP Statistical Review of World Energy, together with exponential fits to the data extrapolated to 2025. Logarithmic scale on the y-axis.






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