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Customer news: BP predicts U.S. will be energy self-sufficient by 2035
Last month, BP released its fourth annual edition of the Outlook, which shows global energy demand growth slowing, despite increases driven by emerging economies.
Here are a few facts cited in the report:
- U.S. energy production rises by 24 percent, while consumption expands by just three percent
- Large declines in oil (-18 percent), coal (-12 percent) and nuclear (-17 percent) demand are more than offset by consumption growth in natural gas (+21 percent) and renewables in power (+277 percent)
- Natural gas replaces oil as the leading fuel in U.S. energy consumption around 2027, rising from 30 percent today to 35 percent in 2013
- With large increases in oil and natural gas production, U.S. oil imports drop by nearly 75 percent to the lowest level on record, and the country becomes a net exporter of natural gas by 2017
- U.S. energy intensity will be 40 percent lower in 2035, falling faster than the global average of 36 percent; per capita use will be the lowest on record
Want to learn more? Download Energy Outlook 2035: U.S. insights fact sheet. (Image courtesy of BP.)
Engineered to never sit on the sidelines
The Seahawks obliterated the Broncos on Superbowl Sunday, but that wasn't the only thing that had us cheering. Swagelok Company ran its first Superbowl commercial. It aired in Ohio, but you can view it online here. Be sure to tell us what you think on Twitter and Facebook using the hashtag #SwagelokSuperbowl.
Customer news: Perry Technical Institute to expand Yakima campus
Perry Technical Institute, a private, non-profit technical school, announced earlier this month that it was embarking on a capital campaign to meet the needs of its growing student population. Enrollment is at an all-time high of 735 students, representing an 85 percent increase in just seven years. Moreover, students who want to join the next available cohort for the two-year Instrumentation & Industrial Automation Technology Program will have to wait until January 2015. Read more >