- It IS the OIL stupid.

Started by RE Dec 22, 2023, 02:12 PM

Message path : / Planetary Material Conditions / Peak oil / It IS the OIL stupid. #10


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One thing to consider is the demographic change and Boomer retirement.  Retirees drive less than working people, and childless people less than ones with kids.  So FSoA Total Miles driven has been dropping.



As long as there is less driving, it keeps the price of gas from going up.

RE

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