Table 4 

 FORECAST OF FREE WORLD ENERGY DEMANDS BY COMPONENT FUELS 

 (in millions of barrels per day of oil energy equivalent basis) 



Natural „ . Water ., , 



Year Petroleum _ Coal „ Nuclear 



bas Power 



ABSOLUTE 



1950 10.1 3.0 14.8 2.1 



1965 (est.) 25.9 8.6 15.6 4.1 0.2 



1975 (est.) 40.1 14.12 18.4 5.8 1.8 



1985 (est.) 56.6 22.2 21.4 7.6 7.6 



PERCENTAGE OF DEMAND 



1950 32.8% 9.9% 48.3% 6.7% 



1965 (est.) 46.7 15.5 28.1 7.4 0.4 



1975 (est.) 49.5 17.4 22.7 7.2 2.2 



1985 (est.) 48.8 19.1 18.4 6.6 6.6 



Source: T. W. Nelson, "A Twenty Year Look at Free World Petroleum Requirements — 

 A 300 Billion Barrel Challenge," Journal of Petroleum Technology, 1965. 



Other 



Total 



1. Petroleum 



World demand for petroleum (crude oil and 

 natural gas liquids) in 1966 was 12.5 billion 

 barrels, according to the Bureau of Mines, with 

 approximately the following pattern of consump- 

 tion: 



United States 



Other North America 



Latin America 



Europe 



U.S.S.R. 



Africa 



Middle East 



Far East 



— 35 per cent 



— 5 per cent 



— 5 per cent 



— 28 per cent 



— 12 per cent 



— 2 per cent 



— 2 per cent 



— 11 per cent 



Domestic consumption in 1966 was 4.3 billion 

 barrels of petroleum, accounting for approximate- 

 ly 43 per cent of the total energy used within the 

 United States. 



Unofficial estimates by the Bureau of Mines 

 predict that worldwide annual petroleum con- 

 sumption will increase 120 per cent by 1980, and 

 335 per cent by the year 2000 when the require- 

 ment will be about 42 billion barrels per year. 

 Cumulative world requirements during the 

 1966-2000 period would total about one trillion 

 barrels of petroleum. Domestic requirements 

 during this interval will total approximately 240 

 billion barrels. The total production of domestic 



petroleum to the end of 1966 is about 81 billion 

 barrels. 



Although petroleum is expected to provide a 

 smaller share of the domestic future energy re- 

 quirements (from more than 40 per cent now to 

 about 35 per cent in 2000), the consumption of 

 petroleum will continue to increase each year, as 

 the total demand for energy continues to grow. 

 During 1966 imports accounted for about 20 per 

 cent of domestic petroleum consumption. The 

 total volume of imports and the relative percent- 

 age is expected by many observers to continue to 

 increase. 



2. Natural Gas 



Most of the natural gas produced outside of the 

 United States is solution gas recovered with the 

 crude oil. Approximately 75 per cent of this is 

 utilized locally in the field, or all of it is flared. A 

 total of 27.7 triUion cubic feet (tcf) of natural gas 

 was marketed throughout the world in 1966, 

 according to the Bureau of Mines, in approxi- 

 mately the following pattern of consumption: 



United States 

 Canada 

 Europe 

 U.S.S.R. 

 Rest of world 



62 per cent 

 5 per cent 

 9 per cent 



19 per cent 

 5 per cent 



VII-193 



