The number of people using oil-based alternatives to oil is expected to double by 2025, according to an analysis of data from the U.S. Environmental Protection Agency.
The report comes as the U, S. and other countries are increasingly focused on the benefits of the plant-based food movement, which includes a shift toward more plant-like ingredients and foods that are less saturated and more plant proteins.
The study, by the Oil Change Institute, a nonprofit that advocates for the environment and food policy, looked at the use of plant-derived oil substitutes, including coconut oil and palm oil.
“There is a strong movement to diversify food sources and reduce the need for refined, chemical-intensive oil,” the report said.
“The oil industry is not doing a good job of responding to this growing demand for plant-food alternatives.”
According to the report, the average amount of oil in a gallon of gasoline, diesel, and jet fuel is around 7 percent by weight.
That means the average American uses roughly the same amount of gasoline each year as they do in the 1970s.
A lot of the oil companies are focusing on what the report calls “subsidized” oil, which is oil-like oil derived from coconut and palm trees.
The companies’ own research found that the cost of using these oils is less than a dollar per gallon, and the benefits range from a decrease in carbon dioxide emissions to increased nutrition and a reduction in skin irritation.
According to The Daily Meal, a food magazine that covers the food industry, the report found that in 2015, a gallon produced from 100 grams of palm oil and coconut oil cost $0.10.
That’s roughly half the cost per gallon of oil from conventional sources.
In 2025, the industry is expected use less than 20 percent of the fossil fuel in the world’s supply of oil, according the report.
But it’s likely that in 2025, as people begin to consume less petroleum-based foods, the cost for conventional oil will go up.
It’s unclear whether the reduction in oil demand will come at the expense of environmental concerns or at the other end of the spectrum.
The Environmental Protection Administration says the average use of oils and other plant-made ingredients has decreased since 2000.
But the industry still spends billions of dollars annually on research and development, according The Daily Beast.
A study from the Pew Charitable Trusts found that about half of the world oil production comes from non-US companies, and half of that is in countries where the government does not require the use or production of animal products.
The group’s report found, “Oil companies have spent billions of resources and millions of dollars trying to convince governments and citizens that animal-based products are healthier than non-animal-based ones.”
A recent report from the Institute for Agriculture and Trade Policy found that oil companies spent $2.4 billion to lobby Congress to pass the Trans-Pacific Partnership trade deal.