Population

Cal on September 5th, 2017

By 2050, the world’s population is expected to reach 9.1 billion. Russia is moving to gain a bigger role in the world liquefied natural gas (LNG) market with the opening of a new facility on the Yamal Peninsula in the Kara Sea. Currently, Russian LNG is produced from a facility on the Far East island […]

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Cal on June 15th, 2017

Globally, more people live in urban areas than in rural areas, with 54% of the world’s population residing in urban areas in 2014. By 2050, 66% of the world’s population is projected to be urban. About half of urban dwellers reside in relatively small settlements of less than 500,000 inhabitants, while nearly one in eight live […]

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Cal on May 31st, 2017

The World Economic Forum said that employees should continue working until 70 in nations such as the UK, US, Japan and Canada. The age increase will be needed, as the number of people over 65 will more than triple to 2.1 billion by 2050. By then, the number of workers per retiree will have halved […]

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Cal on April 25th, 2017

Demographers have forecast that India may have the largest population in the world as early as 2022, surpassing China. The US Geological Survey reported that two formations in the Gulf Coast Basin might contain as much as 304.4 trillion cubic feet of natural gas plus 1.9 billion barrels of natural gas liquids, making the area the largest […]

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Cal on January 14th, 2017

In 2015 humans used about 575 quadrillion Btu (British thermal units) of energy, according to the US Energy Information Administration. (575 followed by 15 zeros; a Btu is roughly the energy released in a single match.) With a global population of 7.3 billion, that worked out to 78 million Btu per person that year. Nearly 40% of all […]

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Cal on December 19th, 2016

The city of New York’s Christmas holiday-light energy use has declined by about one-third from 2010, largely due to the switch to LEDs (light-emitting diodes).  This year, holiday lighting in the US city will add about 750 megawatts of load, down from about 1,150 MW in 2010. Investment Bank Goldman Sachs calls LEDs one of the fastest technology shifts […]

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Cal on November 30th, 2016

Today’s critical meeting of OPEC members is being touted as the “Most Important OPEC Meeting Ever” as many are saying that the crude oil cartel’s role in controlling oil prices will be lost if there is no agreement to cut production and dramatically increase the world price of oil. And any meaningful agreement would have […]

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Cal on September 10th, 2016

The US Energy Information Administration estimates that global crude oil demand will grow from 94.8 million barrels a day this year to 105.3 million barrels in 2026. With world oil prices now hovering around $50 a barrel and little exploration going on, there is concern in some quarters that this demand will not be met.  Only 2.7 […]

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