View source for Oil Supply and Demand Dynamics

==Description:==
One of the main power to slow down climate change negotiation process is from OPEC member cuntries[http://www.opec.org/opec_web/en/about_us/25.htm] according to the interview, and therefore, to understand the global oil demand and reserve is an important indicator to assume the bargain power of OPEC member countries.<br>
Besides, the two main source of carbon dioxide emission are from "power generation" and "transport" until 2030.[http://www.worldenergyoutlook.org/docs/weo2009/climate_change_excerpt.pdf](p19, figure2)

==Enablers:==
The oil demand will still grow.<br>
Huge increase of oil consumption in Brics (Brazil, Russia, India, China)<br>

==Inhibitors:==
The oil resource is declining [http://www.theoildrum.com/node/4763]<br>
World renewable electricity generation will increase [http://www.eia.gov/oiaf/ieo/pdf/0484%282010%29.pdf](p14 figure 7), [http://www.boell-meo.org/downloads/Wuppertal_Institut_Energy_Systems_OPEC_Countries.pdf](p24~49)<br>
Oil usage will become more efficient<br>
Oil spills<br>
Algeria, Iran, and ARE are three OPEC countries that have large potentials for renewable energy production. These countries are also engaged in unclear energy plans.[http://www.boell-meo.org/downloads/Wuppertal_Institut_Energy_Systems_OPEC_Countries.pdf](p15)<br>

==Paradigms:==
The growing oil demand in the future<br>
[[File:World Oil demand and supply.jpg]]<br>
<br>

==Timing:==

==Web Resources:==
[http://omrpublic.iea.org/currentissues/full.pdf Oil market report by IEA]<BR>
[http://omrpublic.iea.org/indexpublic.asp General view of oil supply and demand by IEA]<br>
[http://www.rand.org/pubs/monograph_reports/MR1244/MR1244.ch2.pdf Energy demand and supply in China]<br>
[http://www.eia.gov/oiaf/ieo/pdf/0484%282010%29.pdf International energy outlook 2010]<br>

==Revision History:==