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ENERGY 2040: Here's Exxon's US Outlook For The Next 27 Years

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Oil Sands

Last week, Exxon released the U.S. edition of its 2040 outlook. 

The big news is that while North America will soon be a net exporter of energy, the U.S. will not. And the continent won't get there without Canada's oil sands.

Cars will become incredibly fuel efficient your car could become.  And while U.S. industrial energy demand will fall, commercial demand will rise.

We've pulled the key charts from the report.

Overall consumption will decline by about 5 percent from 2010 to 2040.

Source: Exxon



Commercial demand is expected to rise by more than 10 percent from 2010 to 2040 because of an expected increase in commercial square footage.

Source: Exxon



Even as North American steel, chemical and fertilizer production grows, industrial consumption will decline by about 5 percent from 2025 to 2040 thanks to improved efficiencies.

Source: Exxon



See the rest of the story at Business Insider

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