An IEA report suggests that oil prices have bottomed-out, are now on the rebound, and that demand for OPEC's oil will start rising next year. OPEC predicts that U.S. oil consumption will increase after years of decline, thanks to U.S. motorists.
Feb 12, 2015 OPEC Says U.S. Motorists
Last year, the U.S. increased oil consumption by two percent, surpassing the increase in China for the first time in more than a decade according to a new IEA report. How does this increase square with peak car, peak VMT, and peak oil consumption?
Jan 25, 2014 Marketplace
With driving and oil consumption declining across many developed countries due to long-term structural shifts, Nick Butler sees reason to believe the world will soon reach peak oil demand.
Dec 16, 2013 The Financial Times
For political, technological, and even demographic as well as economic reasons, don't expect American oil consumption to increase over 2007 levels. $3 gas is here to stay, and the days of the petrol-gulping SUVs and guzzlers may be numbered.
Sep 8, 2009 Barrons