According to the U.S. Energy Information Administration’s (EIA) International Energy Outlook 2019 (IEO2019), EIA projects global demand for jet fuel to continue increasing through 2050, with consumption growing at a faster rate in countries that are not members of the Organization for Economic Cooperation and Development (OECD). EIA expects jet fuel consumption to increase the most in China and other Asian non-OECD countries, driven by greater demand for freight air transport and passenger air travel. Source: Today in Energy – EIA projects energy consumption in air transportation to increase through 2050
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Source: CTRM Center