Oil Consumption

'Peak oil' refers to a belief that growing oil demand will outstrip finite oil supplies. Peak U.S. oil consumption is premised on the belief that 2007 marked the peak, population increase notwithstanding, due to efficiency, biofuels and batteries.

Unless international carbon-capping treaties are implemented, fossil fuel consumption (with their greenhouse gas emissions) will increase 50% by 2030, largely resulting from growth in energy consumption in China and other developing nations.