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BP Statistical Review of World Energy 2007

13 June 2007

The BP Statistical Review of World Energy 2007 tells the story of the world's current and historical energy trends

2006 in review
Growth in global energy consumption slowed in 2006, despite stronger economic growth
Energy prices remained high by historical standards, although price movements in 2006 varied by fuel type and region. Crude oil prices continued to rise. Natural gas and coal prices fell in North America but increased elsewhere.

Energy developments
World primary energy consumption increased by 2.4% in 2006, down from 3.2% in 2005 and just above the 10-year average. Growth slowed for every fuel except nuclear power. The Asia Pacific region once again recorded the most rapid growth, rising by 4.9%, while consumption in North America fell by 0.5%. Chinese energy consumption rose by 8.4% and China continued to account for the majority of global energy consumption growth.

The impact of continued high energy prices was seen in slowing consumption among energy importers and continued strong consumption growth among energy exporters.
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