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Oil consumption rebounds no sooner than 2026


Pre-covid, several forecasters expected peak oil consumption to be in the 2020s. Now, in light of plummeting 2020 consumption, several energy forecasters have concluded that perhaps the peak was 2019.

According to the EIA, 2019 usage was 100.87 mb/day (under total world consumption of petroleum and other liquids).

Will oil consumption over the 2020-2025 period be lower than in 2019?

This question will resolve positively if no year in 2020-2025 (inclusive) has greater oil consumption than 2019 according to the EIA.

It will resolve negatively if any of those 6 years has greater consumption. It will resolve ambiguous if the EIA does not post consumption data for 2025 by the end of 2026, and no comparably authoritative source can be found (for which that source's 2019 data would be necessary).

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