The study is an attempt to estimate demand for petrol and diesel in the road transport of Pakistan for the period 1971-72 to 2016-17. Using these demand estimates, it forecasts demand for these two products up to 2024-25 under different scenarios of economic growth and petroleum product pricing....

Peak oil demand has become the hot new topic for oil market analysts but as always, runs the risk of being subject to superficial analysis, just as peak oil supply was. The primary arguments come from climate change activists who believe fossil fuel consumption must drop sharply and from...