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Plateauing Oil Consumption Underscores Ongoing Need for Energy Cities To Diversify Economic Drivers

Canada's Usage Remains Below 2010 Levels
CoStar Analytics
May 5, 2023 | 5:29 P.M.

Crude oil and petroleum product demand has flatlined in the U.S. and declined in the United Kingdom since 2000. In Canada, the consumption levels sit below 2010 levels, which is surprising considering the country’s outsize immigration-fueled population growth in recent years.

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News | Plateauing Oil Consumption Underscores Ongoing Need for Energy Cities To Diversify Economic Drivers