Page - 17 - in Water, Energy, and Environment - A Primer

quads by 2030 and to 736 quads by 2040, with most of the increase in energy demand coming from countries that are not members of the OECD – the Organisation for Economic Co-operation andDevelopment (seeFigure 2.1). It should be noted that the EIA recognizes the uncertainties inherent in creating these projections, and addresses this by creatingHighandLowOilPrice cases. In theReferencecase the price of crude oil reaches $109 per barrel in 2040, whereas it reaches$226 in theHighOilPrice case and$43perbarrel in the LowOilPricecase.TheseassumptionsarereflectedinFigure2.2. Figure2.1Worldenergyconsumption (Source:USEnergy Information Administration). Figure2.2 Energyconsumption in threescenarios (Source:USEnergy InformationAdministration). Energyand itsglobal context 17