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Tuesday, May 29, 2007

Industrial Market Trends Blog Update

May 29, 2007

On Today's Blog

Despite high world oil and natural gas prices, demand is expected to keep growing. Demand will be especially high in Asian countries outside the Organization for Economic Cooperation Development, according to the Energy Information Administration, which expects world energy consumption to climb by 57 percent through 2030. The industrial sector accounts for 27 percent of the total projected increase in liquid energy use.
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