Global petroleum giant Exxon Mobil has predicted that the world will use almost as much crude oil in 2050 as it does currently.
The company also expects the world’s natural gas demand to rise by 21% by 2050, with most of that growth in industrial sectors to fuel manufacturing and as chemical feedstock.
While Exxon agrees that passenger cars will consume less fossil fuel, it says oil demand will grow by 2%, with large trucks, the aviation industry and industrial and chemical plants using more oil.
https://**promotion blocked**.com.au/exxon-mobil-forecasts-steady-oil-use-2050-despite-rise-renewables/
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