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    - D-Day for Oil in 2025?

    Started by RE Feb 05, 2024, 06:10 PM

    Message path : / Planetary Material Conditions / Peak oil / D-Day for Oil in 2025? #3


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    RE

    • Administrator
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    • Chief Intellectual Dry Humper
    • Posts: 1,751
    Feb 05, 2024, 06:10 PM
    I will go on record and say I disagree with the CEO of Occidental Petroleum and say I do NOT think that we  will be a Short on Oil in 2025.  This because I think we will be in a deep Global Recession by 2025 and Demand will drop faster than Supply.  This will hit the economies of China and India hardest and may even lead to cheaper gas here in the FSoA.

    You heard it here first.  ;D

    RE

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