EIA projects 48% increase in world energy consumption by 2040

(Thu, 12 May 2016) EIA's recently released International Energy Outlook 2016 projects that world energy consumption will grow by 48% between 2012 and 2040. Most of this growth will come from non-OECD countries, including countries where demand is driven by strong economic growth, particularly in Asia. Non-OECD Asia, including China and India, accounts for more than half of the world's total increase in energy consumption over the projection period.

Alternative Fuel Vehicle Data

(Thu, 12 May 2016) EIA releases annual data for 2014 about alternative fuel vehicle (AFV) supply and fuel use and number of vehicles for four types of vehicle fleets: federal government, state government, transit agencies, and fuel providers.

Australian wheat export activity mostly centered on India

Australian wheat export activity was mostly centered on India, from where there continued to be buying inquiries, traders reported May 11. At least three cargoes of Indian-spec APW were concluded in the week from April 28 to May 5, Platts market data shows, typically between $223-$227/mt FOB.

EU sugar market tight; liberalization eyed

The domestic situation: EU sugar prices rose in April. In the deficit regions in the South prices hit Eur615/mt, up from Eur595/mt at the start of the month.
In the Western EU prices peaked in mid-month at Eur575/mt from Eur560/mt at the beginning of the month, and fell back to Eur560/mt at the end of April.

Annual passenger travel tends to increase with wealth

(Wed, 11 May 2016) Global passenger travel by light-duty vehicles, bus, rail, and two- and three-wheeled vehicles reached nearly 24 trillion passenger miles in 2012 (the most recent year with detailed international travel statistics). In 2012, the average person traveled 3,300 miles annually, with wide differences across countries that are generally related to differences in per-capita income.

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