Two reports issued this week point to a significantly increased global appetite for fossil fuels such as oil and gas, presenting an investing opportunity for energy speculators.
While renewables are forecast to be the fastest-growing energy source, fossil fuels will continue to be important and demand will grow, despite prices also probably rising, a report from the US Energy Information Administration (EIA) released on Thursday stated, projecting world energy consumption to grow by 28% to 2040.
