FUTURE EXXONMOBIL: MORE ACCOUNTANTS

Some things aren't changing so fast:

Exxon Mobil predicts steadily rising energy demand; Analysts say need to be equivalent of about 325 million barrels of oil per day
David Ivanovich, December 12, 2006 (Houston Chronicle)
- World energy demand is likely to climb an average 1.6 percent per year to reach the equivalent of about 325 million barrels of oil a day by 2030, Exxon Mobil Corp. predicts…global energy demand will be up about 60 percent from 2000 levels…

- Much of that growth will be spurred by heightened demand for cars and light trucks in developing parts of the world…consumers in the world's poorer countries are expected to own about 500 million cars by 2030, up five times from the level in 2000…
- [ExxonMobil] Experts calculate that a trillion barrels of oil have been used since the start of the Industrial Age…[and] the world still holds at least 2.2 trillion barrels worth of oil which can be recovered through conventional techniques…And new technologies which enable producers to tap reserves from more difficult deposits such as heavy oil and oil shale may add another 800 billion barrels.