ABSTRACT

The principal driver in the energy sector is the availability and price of oil at present there appears to be no supply shortage due to the impact of the recession. The two energy demand drivers are energy for powering transportation and energy for powering everything else. Transportation is different because we have to carry our energy sources with except in the case of electric trains and trolley buses. The Energy Information Administration estimates assume a significant increase in Middle East oil production to meet the energy requirements of 2035. More biofuels and synfuels will be produced and higher ethanol percentages are likely to be allowed in fuel mixes. There will also be some natural gas-powered vehicles, especially buses and trucks where there are fleet quantities involved and the necessary refueling infrastructure. The use of hydrogen in fuel cells will continue to be researched and developed and some few may eventually go into production.