In 1965, approximately 42 percent of the world's energy demand was met by energy sourced from oil, however this figure had fallen to almost 30 percent by 2021. While the annual volume of oil produced and consumed has risen by a significant amount since the 1960s, its share of energy production has dropped in virtually all areas - a large part of this is due to rising consumption of natural gas, which is viewed as a cleaner and more efficient fossil fuel, as well as nuclear energy and the more recent transition to renewable energy sources.
Annual share of primary energy produced by oil per global region from 1965 to 2022
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OWID. (July 8, 2022). Annual share of primary energy produced by oil per global region from 1965 to 2022 [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/1360556/regions-share-oil-energy-production/
OWID. "Annual share of primary energy produced by oil per global region from 1965 to 2022." Chart. July 8, 2022. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/1360556/regions-share-oil-energy-production/
OWID. (2022). Annual share of primary energy produced by oil per global region from 1965 to 2022. Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/1360556/regions-share-oil-energy-production/
OWID. "Annual Share of Primary Energy Produced by Oil per Global Region from 1965 to 2022." Statista, Statista Inc., 8 Jul 2022, https://www.statista.com/statistics/1360556/regions-share-oil-energy-production/
OWID, Annual share of primary energy produced by oil per global region from 1965 to 2022 Statista, https://www.statista.com/statistics/1360556/regions-share-oil-energy-production/ (last visited September 01, 2024)
Annual share of primary energy produced by oil per global region from 1965 to 2022 [Graph], OWID, July 8, 2022. [Online]. Available: https://www.statista.com/statistics/1360556/regions-share-oil-energy-production/