question archive The world is using more crude oil every year

The world is using more crude oil every year

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The world is using more crude oil every year.  In 2000 the world used about 76 million barrels a day and in 2010 the would be used about 87 million barrels a day. Assuming this is a linear trend come up with an equation for this. In addition, if consumption is not curved how many will we use in 2050? Can this trend be made less linear?

 

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Answer:

Required equation: y=1.1x-2124

y: no. of barrels in millions

x: year

In 2050, required no. of barrels = 131 million

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