Will the production increase more than the oil consumption in Latin America (in Spanish)
The year 1981 was one of the most active and of greatest expansion in Latin America's oil history. However, the future of the oil industry in this region must be more active to satisfy its increasing oil demand. During the first semester of 1981, while oil production declined in other regions (US, Canada, Africa, Middle East) it increased in Europe (6%), Asia-Pacific (6.7%) and Latin America (12%). Latin America occupies second place in proved oil reserves worldwide. However, due to the increasing rate of population and industrial development, by 1990 Latin America will double its energy consumption compared to that in 1980. This study looks at the past and at the oil world with emphasis in the reciprocal reactions of the supply and demand to answer the question, will there be more oil production, or more oil consumption. In this study, the economists express an opinion about what can be expected during this decade in Latin America.
- OSTI ID:
- 7081231
- Journal Information:
- Pet. Int.; (United States), Vol. 39:12
- Country of Publication:
- United States
- Language:
- Spanish
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29 ENERGY PLANNING
POLICY AND ECONOMY
LATIN AMERICA
ENERGY BALANCE
ENERGY CONSUMPTION
PETROLEUM
SUPPLY AND DEMAND
ENERGY ANALYSIS
ENERGY SUPPLIES
FORECASTING
GLOBAL ASPECTS
PETROLEUM INDUSTRY
PRODUCTION
ENERGY SOURCES
FOSSIL FUELS
FUELS
INDUSTRY
020700* - Petroleum- Economics
Industrial
& Business Aspects
294002 - Energy Planning & Policy- Petroleum
292000 - Energy Planning & Policy- Supply
Demand & Forecasting