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    - It IS the OIL stupid.

    Started by K-Dog Dec 21, 2023, 03:54 PM

    Message path : / Planetary Material Conditions / Peak oil / It IS the OIL stupid. #4


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    K-Dog

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    Dec 21, 2023, 03:54 PM
    Quote from: RE on Dec 21, 2023, 02:36 PM
    Quote from: TDoS on Dec 20, 2023, 08:22 PMThose EVs must have put quite a dent in demand for peak oil half decade ago not to have elicited higher prices.

    I don't think it's so much EVs as demand that never returned after the Covid Collapse in 2020.  That squashed a lot of the Chinese demand for oil for factories and construction.

    RE
    Emissions of CO2 have never been higher.  Reality is in the numbers.  Covid was a bump on the road to ruin.

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