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













