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Commentary :: Economy : Environment : Globalization : Middle East

Worldwide Addiction to Oil. By Nicolas Sarkis

Which energy source will we use in future? Despite forecasts of a change to nuclear power, oil will continue to play a key role. According to the International Energy Agency demand will increase by 1.9% a year, from 80m barrels a day in 2003 to 120m in 2020. By then Arab countries will produce 41% of global supplies rather than the present 25%. Nicolas Sarkis reports.

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