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PeakOil is You

THE Demand Destruction Thread Pt. 2

General discussions of the systemic, societal and civilisational effects of depletion.

Re: THE Demand Destruction Thread Pt. 2

Unread postby AdamB » Sat 13 Feb 2021, 15:29:47

Chinese peak oil demand...strikes!! Maybe.

The world's top oil importer, China, could be just years away from its own peak in domestic demand for oil products, Chinese refiners have started to warn, but consumer preferences and government policies about transport electrification and support for EVs are likely to determine whether Chinese domestic oil consumption will peak around 2025.
Mustang19 says: Mods, I am just here to troll the trolls. I mean no harm.

StarvingPuutyTat says: I'm so confident in my TOTAL COLLAPSE is IMMINENT prediction that I stake my entire reputation on it. It will happen this year. - Aug 3-2020
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Re: THE Demand Destruction Thread Pt. 2

Unread postby AdamB » Sat 13 Feb 2021, 15:45:38

Pandemic and the end of oil

The pandemic-related drop in oil demand in 2020 has led a number of analysts to argue that the
peak in global oil demand is much more certain and imminent than previously anticipated. Here the
thinking is that progress underway in the electric utility sector replacing coal with lower carbon emitting
natural gas and renewable fuels (still quite low on a global scale) can be replicated in the transportation
sector.
Mustang19 says: Mods, I am just here to troll the trolls. I mean no harm.

StarvingPuutyTat says: I'm so confident in my TOTAL COLLAPSE is IMMINENT prediction that I stake my entire reputation on it. It will happen this year. - Aug 3-2020
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AdamB
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