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

Metaculus
★★★☆☆
5%
Very unlikely
Yes

Question description #

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).

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Stars
★★★☆☆
PlatformMetaculus
Number of forecasts498

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Will global oil consumption over the 2020-2025 period be lower than in 2019?
5%
Very unlikely
Last updated: 2024-10-07

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...

Last updated: 2024-10-07
★★★☆☆
Metaculus
Forecasts: 498

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