BLACK GOLD The EIA, the statistical arm of the D
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Posted On: 11/21/2012 11:16:36 AM
BLACK GOLD
The EIA, the statistical arm of the Department of Energy, said on Tuesday in its monthly Short Term Energy Outlook that world oil demand will rise by 0.84 million barrels per day (bpd) this year, an increase of 84,000 bpd from the same forecast last month.
In 2013 global oil demand will rise by a further 1 million bpd to average 90.1 million bpd, the EIA said, an increase of 130,000 bpd from last month's estimate.
MCW with its patented technology can be a significant part in supplying such demand, can you imagine the revenues incoming????$$$
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