Supply and demand of lube oils

Conference · Fri Jan 01 04:00:00 EST 1988

OSTI ID:6517656

Vlemmings, J M.L.M.

Lube oil consumption in the world has reached about 40 million tonnes per year, of which 24 million tonnes is used outside the communist areas. There are large regional differences in annual consumption per head from one kilogramme (kg) in India to 35 kg in North America. A statistical analysis of historical data over twenty years in about ninety countries has lead to the conclusion that national income, measured as GDP per head, is the key determinant of total lube oil consumption per head. The functional relationship, however, is different in different countries. Starting from GDP projections until the year 2000, regional forecasts of lube oil demand have been made which show that the share of developing nations outside the communist area in world demand will grow. This will increase the regional imbalance between base oil capacity and demand.

• OSTI ID: 6517656
• Report Number(s): CONF-880319-
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
292000 -- Energy Planning & Policy-- Supply
Demand & Forecasting
294002* -- Energy Planning & Policy-- Petroleum
DATA ANALYSIS
ENERGY CONSUMPTION
ENERGY SOURCES
FORECASTING
FOSSIL FUELS
FUELS
GLOBAL ASPECTS
HISTORICAL ASPECTS
LUBRICANTS
LUBRICATING OILS
MARKET
MATHEMATICS
OILS
ORGANIC COMPOUNDS
OTHER ORGANIC COMPOUNDS
PETROLEUM
PETROLEUM PRODUCTS
STATISTICS
SUPPLY AND DEMAND