International Energy Outlook 2008

Guy Caruso, Administrator of the U.S. Department of Energy’s Energy Information Administration (EIA), released the latest edition of the agency’s long-term assessment of world energy markets at the Center for Strategic and International Studies. The International Energy Outlook 2008 (IEO2008) includes projections of world energy demand by region and primary energy source through 2030; electricity generation by fuel type; and energy related carbon dioxide emissions. Among other topics, Mr. Caruso discussed EIA’s view on the long-term petroleum and other liquids supplies in the context of the continued high world oil prices and strong demand growth among the developing nations.