“Falling Oil Prices” and “Crisis Awareness”: Oil's Continued Reign as the World's Biggest

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On July 5,2017,BP released the BP Statistical Review of World Energy(2017) in Beijing,which reviews and analyzes the production and consumption of various types of energy in the world for the past year.Spencer Dale,BP\'s chief economist,detailed global energy production and demand in 2006.He reported a piece of “big” news:the proportion of oil in the world\'s primary energy consumption didn\'t decrease in 2016,but rather increased by 0.15% from 2015 to 33.27% (33.12% in 2015),and it continues to make up the greatest proportion of the world\'s energy consumption.
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