Global energy demand

While the current global economic downturn has dampened world energy demand, ExxonMobil's long-term projection is for demand to increase by 35 percent (2005 to 2030), driven by growing population and economic output, particularly in developing countries, even with substantial efficiency gains in all regions.

  • Oil, natural gas and coal will continue to provide the vast majority of the world's energy needs — meeting close to 80 percent of global demand through 2030. Oil and natural gas alone will still comprise almost 60 percent of global energy supplies in 2030.
Global Economics and Energy