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    - Peak Oil 101

    Started by TDoS Jul 10, 2024, 08:54 PM

    Message path : / Planetary Material Conditions / Peak oil / Peak Oil 101 #42


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    TDoS

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    • Trans-Galactic Thought Pirate
    • Posts: 470
    Jul 10, 2024, 08:54 PM
    Quote from: RE on Jul 10, 2024, 07:20 PMIn the Great Peak Oil Poker Game, BP saw the IEAs 2029 Peak Demand by 2029 and raised to 2025.  Bloomberg apparently also is betting with the shorts on this.  I will maintain my opinion this has less to do with conversion to EVs, Net Zero and Carbon Credits and more to do with the likelihood of a major recession getting underway.

    I'll buy that for a dollar!! The more blood in the streets the better, any investor worth their salt isn't going to mind exctly what is needed for an improved return on investment environment. 2008 was an excellent example.

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