BON BOYAGE

LNGLNGLNGLNG

LNGLNG

LNGLNG

supply demand

eventually becoming energy self-sufficient.

GAS

All this will make the US a net exporter of natural gas,

Shale gas and tight oil growth will mean the US becomes the #1 producer of liquid fuels

and remains the global leader in natural gas production.

Declining use

of oil and coal

What are the wider implications?4

is accompanied by flattening energy demand.

means falling CO2 emissions in the US as economic growth

10

20

30

4050

6070

80

90

100110

Transport will use less energy owing to improved efficiency.

Oil remains dominant but will lose share to renewables and natural gas.

18%

5%

15%19%

25% 25%

35%

43%

How will energy be used?3

2012 vs. 2035

Energy consumed in power generation will grow by 10%.

Coal will still dominate, but its share willdecline while gas’s remains stable

and nuclear power will be overtaken by renewables.

Coal Gas Nuclear Renewables

renewablesnuclear

hydro

gas

coal

oil2035 - 80%

2012 - 85%

and natural gas will replace oil as America’s leading fuel.

Renewables will become increasingly competitive and grow most rapidly

but overall fossil fuelswill remain dominant.renewables

nuclear

hydro

gas coal

oil

What is the outlook for individual fuels?2

Today oil is still dominant but its use will decline the most. Oil and coal will lose market share

2012

2035

In 2035 how much energy will the US need?1

as the economy becomesmore energy efficient.

By 2035 US energyconsumption will grow

by just 3%

BP Energy Outlook 2035

Join the conversation:#BPstatsbp.com/energyoutlook

BP Energy Outlook 2035Our 2014 look-ahead to the future of American energy