Early figures are suggesting that the outbreak of Covid-19 could have a significant impact on global oil demand, with Arij van Berkel, a director at US-based research firm Lux Research claiming that “early indications by traders suggest a 20% drop in demand.”
“In a sense, the current demand decrease is a preview of demand projections for 2030 and beyond,” he continued, noting that the outbreak could simply be accelerating a trend many have already predicted. “As an example, Barclays projects a global peak in oil demand between 2030 and 2035 followed by a steady demand reduction.
“We should watch how oil companies respond, as it will reveal vulnerabilities to decreasing demand and consistently low prices.”
Davy aka REAL Green aka Socks/ID Theft on Tue, 24th Mar 2020 11:17 pm
The sad reality of what is happening is I have weaponized the bad behavior of taking people’s identities and using multiple fake handles. This then gets turned against me and the result is a forum any normal person with a rational and intelligent mind will avoid. I don’t care because this is about a childish turf war and I am king of the hill. And have nothing better to do with my meaningless widdle life.
I like to think this is my own private forum to say and do as I please.
It isn’t.
I demand all posters submit to my will.
They won’t.
If I don’t get what I want then nobody does cus i think i’m special.
I’m not.
I don’t care to contribute either. I just want to have this place to myself and play my mind games and copy and paste off topic spam and pretend I’m neutering everyone. Insane huh?
It is.
Obviously, this is driving people off but I don’t care. I don’t cus i’m a liar and a hypocrite. And a selfish dumbass.
Davy on Tue, 24th Mar 2020 11:20 pm
Poetry to Share
I feel scummy
Oh, so scummy
I feel scummy, and ugly and gay
And I pity
Any troll who isn’t me today
I feel scummy
Oh, so scummy
It’s alarming how scummy I feel
And so scummy
That I hardly can believe I’m real
See the scummy troll in that mirror there:
Who can that scummy troll be?
Such a lying face
Such an ugly dress
Such a hypocritical smile
Such a scummy me!
JuanP on Tue, 24th Mar 2020 11:31 pm
ROFLMFAO!
Davy on Wed, 25th Mar 2020 1:58 pm
You know whats got me triggered everyone?Covid-19 has really got me triggered. Whatever the media tells I should be worried is, triggers me. Like China, or Putin, or Bernie Sanders. But other things trigger me as well, like.
JuanP
Extremists
Illegal immigrants named JuanP
People buying up all the toilet paper. Ive been toilet paper free for decades. I really dont understand it.
Illegal immigrants buying up all the toilet paper at Wall-Mart.
Cashiers at Wall-Mart that dont speak American.
I dont even know what is going on, or who or what I am doing anymore, but I think this Covid-19 thing could be big. Really big. What I do know is, I am so triggered by the whole thing that I could just deport someone.
makati1 on Wed, 25th Mar 2020 5:16 pm
Playing the oily Limbo game. How low can it go?
Destroying the US oily brags one day at a time.
$10 oil by summer? $1 gasoline? We shall see.
Abraham van Helsing on Wed, 25th Mar 2020 10:26 pm
BMW-i3, 5 years and 100,000 km later.
Independent research. Verdict about this e-vehicle: surprisingly good. Battery at 86%, well above the guaranteed 70%
https://www.focus.de/auto/elektroauto/news/stromer-im-langzeittest-adac-faellt-klares-urteil-zu-elektro-bmw-i3-nach-5-jahren-und-100-000-km-im-test_id_11811019.html
Abraham van Helsing on Thu, 26th Mar 2020 7:07 am
Stalling, what stalling?
Wind energy capacity grew globally with 10% in 2019!
60.4GW new installed capacity, achieving a total installed base of 65 GW, an increase of 10%, the 2nd largest increase in history:
https://gwec.net/gwec-over-60gw-of-wind-energy-capacity-installed-in-2019-the-second-biggest-year-in-history/
2020 will probably a lesser year, but will be totally offset by strongly decreased fossil fuel consumption.
Abraham van Helsing on Thu, 26th Mar 2020 7:09 am
“Sweden Reaches 26% Electric Vehicle Market Share!”
https://cleantechnica.com/2020/03/25/sweden-reaches-26-electric-vehicle-market-share/
Abraham van Helsing on Thu, 26th Mar 2020 7:14 am
“Siemens Mobility Will Supply 20 Battery Electric Trains To Baden-Württemberg”
https://cleantechnica.com/2020/03/24/siemens-mobility-will-supply-20-battery-electric-trains-to-baden-wurttemberg/
These hybrid trains can drive 80 km without catenary.
Abraham van Helsing on Thu, 26th Mar 2020 8:00 am
“Government coronavirus advisors say crisis will be ‘over by Easter’ but warn the next two weeks will see a ‘continuous tsunami of cases’ – as they warn a THIRD of deaths are ‘healthy people'”
https://www.dailymail.co.uk/news/article-8155035/Government-coronavirus-advisor-warns-two-weeks-difficult.html
The headline is false, the good professor has said that he expects corona to PEAK by Easter (April 12). I think he could be right for the UK and Europe, the US probably a little later.
Prof Ferguson says that 2/3 were already dying from something else. The other 1/3 are basically healthy. Thinks that the NHS will be able to cope with the outbreak.
It also means that the worst two weeks are yet ahead for the UK.
Rick on Fri, 3rd Apr 2020 4:46 pm
Cut off “aid” to the parasitic nation (the so-called victim) and see what happens.