Even if US demand softens as predicted, don’t expect the rest of the world to follow suit, said Dallas Kachan, industry analyst and managing partner of cleantech research and consulting firm Kachan & Co. Overall global demand for energy will continue to increase, driven by increasingly urbanized areas such as China, India and Africa, Kachan said.
EIA Outlook: US Energy Use to Slow While Crude Production Rises, Jun 27, 2012