Oil and gas demand and PRODUCTION to INCREASE through 2050

… the International Energy Agency (IEA) stated

[ petrolio ]  increase of almost 9 percent compared to 2024

… “for road transport, petrochemical feedstocks, and aviation,”

[ natural gas ]  increase of 33 percent compared to 2024

… Natural gas demand in the Middle East is expected to rise “strongly.”

… in Asia rising supply needs

… met by new pipelines from Russia to China

… The United States is expected to remain the largest oil and gas producer in the world through the mid-century

… “higher-than-expected U.S. crude oil production,” 

… The Trump administration has been introducing policies aimed at boosting U.S. energy development

 

                      IEA Report

 

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