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PeakOil is You

PeakOil is You

Peak Oil Price

Discuss research and forecasts regarding hydrocarbon depletion.

Re: Peak Oil Price

Unread postby AdamB » Sun 07 Mar 2021, 12:15:25

Will we see $100 oil again?

Bank of America thinks crude will hit $100 a barrel at some point the next five years as demand picks up.
Plant Thu 27 Jul 2023 "Personally I think the IEA is exactly right when they predict peak oil in the 2020s, especially because it matches my own predictions."

Plant Wed 11 Apr 2007 "I think Deffeyes might have nailed it, and we are just past the overall peak in oil production. (Thanksgiving 2005)"
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Re: Peak Oil Price

Unread postby Subjectivist » Mon 08 Mar 2021, 16:59:50

AdamB wrote:Will we see $100 oil again?

Bank of America thinks crude will hit $100 a barrel at some point the next five years as demand picks up.


I never doubted for a moment we would see $100/bbl again, but the question is always timing.
II Chronicles 7:14 if my people, who are called by my name, will humble themselves and pray and seek my face and turn from their wicked ways, then I will hear from heaven, and I will forgive their sin and will heal their land.
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