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GasBuddy News Article

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Gas usage worldwide grows 2.5% in 2008

Gulf Times – Qatar’s top-selling English daily newspaper -- The global gas and coal consumption grew last year while oil usage fell in 2008, BP said in its statistical review...released in Doha yesterday [that] gas consumption grew by 2.5%, below the 10-year average.
Consumption in the US grew by 0.6% as spot prices remained well below oil prices. Elsewhere, only the Middle East saw above-average growth, driven by strong domestic demand. [snip]
The largest incremental growth in world gas demand was from China, where consumption rose 15.8%. [snip]
Globally, gas production rose 3.8%, above the 10-year trend of 3%.
This was driven strongly by the US, which recorded its highest ever annual increase in gas production as strong activity in the development of unconventional gas resources raised output by 7.5%–-10 times the 10-year average growth rate.


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Submitted Jul 05, 2009 By: chumpo
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REPLIES (newest first)
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Champion Author Tallahassee

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Message Posted: Jul 7, 2009 6:03:02 AM

lying with statistics.. a fun thing to do :)
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Champion Author Tallahassee

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Message Posted: Jul 6, 2009 10:13:30 PM

zippy: you're right.. one says this, another says something else.
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Champion Author Cincinnati

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Message Posted: Jul 6, 2009 8:00:35 AM

Blah Blah Blah...other reports I have read say consumption has contracted.
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Champion Author Atlanta

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Message Posted: Jul 6, 2009 7:45:59 AM

So many statistics - some of which seem to contradict each other - that they make the article very confusing and of very little value.
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Champion Author New Hampshire

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Message Posted: Jul 6, 2009 2:49:39 AM


It must be a modern-day miracle to increase world gasoline consumption without also increasing world oil consumption. Perhaps someone has created synthetic gasoline w/o letting us all know? Twisted factoids!
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Champion Author Fort Worth

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Message Posted: Jul 6, 2009 2:47:45 AM

slowdown in use compared to avg. is good
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Champion Author Twin Cities

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Message Posted: Jul 6, 2009 1:14:28 AM

Coming from a supplier-nation's "news", I don't buy it.
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Champion Author Indianapolis

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Message Posted: Jul 5, 2009 11:05:01 PM

We need to bring industry back here, and, get back to a free enterprise economy. Lower taxes and regulation, and, raise tariffs, too. Otherwise, this recession will only get worse.
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All-Star Author Seattle

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Message Posted: Jul 5, 2009 10:59:14 PM

gas as gasoline? or nature gas?
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Rookie Author Atlanta

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Message Posted: Jul 5, 2009 10:52:39 PM

It'll never go down
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Champion Author Virginia Beach

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Message Posted: Jul 5, 2009 10:51:33 PM

If they keep oil prices higher then people will find alternate energy source.
Greedy oil producers will eventually will be defeated by consumers.
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Champion Author Kentucky

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Message Posted: Jul 5, 2009 10:50:34 PM

Conserve, conserve, conserve.
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Champion Author Seattle

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Message Posted: Jul 5, 2009 10:48:25 PM

Agreed. We need to get off oil and that will fix soooo many problems.
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Champion Author Detroit

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Message Posted: Jul 5, 2009 10:47:00 PM

Who do you believe?
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Champion Author Worcester

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Message Posted: Jul 5, 2009 10:40:43 PM

keep demand down
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Champion Author Maryland

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Message Posted: Jul 5, 2009 10:40:27 PM

It is a time of change, and these changes really needed and are going to to occure today!
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Champion Author Detroit

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Message Posted: Jul 5, 2009 10:39:33 PM

The other article says that China is poised to lead the US in clean energy and then you compare those two growth numbers. Funny
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Champion Author Detroit

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Message Posted: Jul 5, 2009 10:39:02 PM

Not in my back yard.
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Champion Author Cincinnati

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Message Posted: Jul 5, 2009 10:36:27 PM

yeah
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Champion Author Toronto

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Message Posted: Jul 5, 2009 10:35:27 PM

So what happened to all that oil that were hidden in those unused oil tankers? The Speculators drank it all?

[Edited by: PissedCanuck at 7/5/2009 10:35:50 PM EST]
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Champion Author Kansas City

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Message Posted: Jul 5, 2009 10:33:47 PM

it's down when the price of oil go's down then they say usage gos up to get price back up
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Champion Author Minnesota

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Message Posted: Jul 5, 2009 10:32:46 PM

Someone is still getting rich no mater what the price is and how much or little gas we use.

[Edited by: jeromehasbargen at 7/5/2009 10:33:50 PM EST]
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Champion Author Alberta

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Message Posted: Jul 5, 2009 10:28:25 PM

Keep stealing from us, we are not all on our knees yet.
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All-Star Author London

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Message Posted: Jul 5, 2009 10:26:08 PM

Supply outweighs demand but gas prices still high..??? Why?
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Rookie Author New Jersey

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Message Posted: Jul 5, 2009 10:24:31 PM

Anything at all to raise crude oil prices.
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Champion Author Milwaukee

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Message Posted: Jul 5, 2009 10:22:12 PM

Yes those statistics are look to be an overly rosy view. Its curious how demand at retail fell in the US in units, but was not reflected in those statistics.
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Champion Author Toronto

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Message Posted: Jul 5, 2009 10:14:58 PM

Suspect statistics.
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Champion Author Portland

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Message Posted: Jul 5, 2009 10:14:29 PM

Because of China and India, we are seeing INCREASED gas consumption on a WORLDWIDE basis, except in the USA we have lowered our gas use- which is odd being that our population has grown in the past few years!!!
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Rookie Author Arkansas

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Message Posted: Jul 5, 2009 10:13:21 PM

sounds like just another excuse to rise prices
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Champion Author Montreal

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Message Posted: Jul 5, 2009 10:11:06 PM

More meaningless statistics. They can take any data and make it prove whatever they want, using the power of stats.
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Champion Author Fort Worth

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Message Posted: Jul 5, 2009 10:10:49 PM

I still remember those gas prices in 2008. OPEC, speculators and big oil companies made BIG money last year didn't they? Just ask Exxon and others.
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Champion Author Indiana

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Message Posted: Jul 5, 2009 10:07:39 PM

I agree, MTPokts.
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Champion Author Miami

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Message Posted: Jul 5, 2009 10:06:32 PM

funny, the rest of the world always point the finger at USA, but China and India are by far the worst polluters in the world. We just use it more efficiently.
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All-Star Author Indianapolis

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Message Posted: Jul 5, 2009 10:03:49 PM

Have these people been on holiday for the past 7 months? Why are they now reporting 2008 useage? I suspect they're trying to drive up crude prices with this kind of "reporting".
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Champion Author Detroit

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Message Posted: Jul 5, 2009 10:01:05 PM

This is one huge reason why the Kyoto Protocol and the Waxman-Markey (Clean Air and Energy Securities Act) are total jokes. We have alot of democrats and a handful of republicans who want to hamstring our economy for a generation when it will do nothing to curb pollution levels.
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Champion Author Memphis

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Message Posted: Jul 5, 2009 10:00:53 PM

Just another reason to quickly move to free alternative energy resources such as solar, wind and hydro!!!
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Champion Author Mobile

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Message Posted: Jul 5, 2009 9:56:58 PM

with almost 10% of the people with out jobs consumption will be way down for some time. Hope those that made gas go up 60% this last year go broke.
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Champion Author Twin Cities

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Message Posted: Jul 5, 2009 9:47:17 PM

My consumption is way down.
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Champion Author Toronto

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Message Posted: Jul 5, 2009 9:45:37 PM

I consumption is down.I friend consumption down.
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Champion Author Las Vegas

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Message Posted: Jul 5, 2009 9:43:19 PM

In 2009 usage will most likely moderate.
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Champion Author Chicago

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Message Posted: Jul 5, 2009 9:42:41 PM

Let's see: USA useage grew 0.6%, but China gres 15.8%. There is a message there.
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Veteran Author Oregon

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Message Posted: Jul 5, 2009 9:41:57 PM

It's summertime. Fuel usage always goes up.
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Champion Author Tennessee

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Message Posted: Jul 5, 2009 9:41:18 PM

As the recession ends, consumption will rise. The questions is whether the oil producers will meed the demand.
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Champion Author Manitoba

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Message Posted: Jul 5, 2009 9:34:20 PM

sure people are still using lots of gas - i've seen no slow down
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All-Star Author Little Rock

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Message Posted: Jul 5, 2009 9:33:55 PM

Very confusing article. They say consumption in 2008 rose when we were being robbed blind by the oil industry?!? I think consumption declined. Maybe they are talking about Money. If so, the percentage increases are too low for the rise in price that occurred.

But we absolutely have to have an alternative fuel in place before China really starts using oil. A billion new drivers would run oil prices out of the solar system.
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Champion Author Long Island

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Message Posted: Jul 5, 2009 9:33:06 PM

I am curious if they are referring to Natural Gas or Gasoline. I would believe this applies to Natural Gas.
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Champion Author Omaha

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Message Posted: Jul 5, 2009 9:32:54 PM

They must be talking about Natural Gas since this is what Qatar produces. This is what turned them into a major country. Before the found these sources they were closer to a third world country.
We already know gasoline consumption went down last year due to gas hitting $4.
You are right it is a poorly written Obama press release... I mean article.
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Champion Author New York

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Message Posted: Jul 5, 2009 9:26:22 PM

They are writing about gasoline and coal, but it is confusing and makes it seem they could be writing about natural gas. Badly written article... I mean press release.
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Champion Author Cincinnati

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Message Posted: Jul 5, 2009 9:26:09 PM

And yet, people want to stick their heads in the sand and believe the lies that production will always exceed production.
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Champion Author Minnesota

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Message Posted: Jul 5, 2009 9:21:53 PM

Is this natural gas as opposed to gasoline?
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