So , has the consumption of oil decreased ?This is why oil is dying.
In 2009 Exxon was the number one stock on the S&P500.
Today it is 11. The first time in 80 years an oil stock was not included in the top 10?
So , has the consumption of oil decreased ?This is why oil is dying.
In 2009 Exxon was the number one stock on the S&P500.
Today it is 11. The first time in 80 years an oil stock was not included in the top 10?
But he keeps telling us oil is dead . Look at all the Tesla’s driving around Victoria .Hahahaha good question since it hasn't even peaked yet
Why would it? The machines that use oil have been improved a lot but there many more of them.So , has the consumption of oil decreased ?
Sure it is. That is why consumption is up year over year.This is why oil is dying.
In 2009 Exxon was the number one stock on the S&P500.
Today it is 11. The first time in 80 years an oil stock was not included in the top 10?
Probably, In another 150 years.oil's immediate problem is that supply far outpaces demand.
Every producer has to cut back in order to inflate prices. If everyone produced all of the oil they were able to the price would be almost nothing.As it ought to be.
Long term, of course, the problem is that oil is going to be eliminated as an energy source for transportation.
NG, coal, oil would bring us to 2120 and well past that without any hiccups. (that would be with lots of advancements along the way)Most experts are saying around about 2030 - but they are mostly trying to prevent panic
oil's immediate problem is that supply far outpaces demand.
Every producer has to cut back in order to inflate prices. If everyone produced all of the oil they were able to the price would be almost nothing.As it ought to be.
Long term, of course, the problem is that oil is going to be eliminated as an energy source for transportation.
Most of the people you call experts predicted peak oil in the 70s.Most experts are saying around about 2030 - but they are mostly trying to prevent panic
to the determent of life on the planet and anyone stupid enough to be invested in it.Goes to show that there is no immediate end to Oil, it'll be here a long, long time, to the detriment of hypocritical alternative energy advocates like yourself.
Why not take that money you have saved up for the next Tesla model and have a vacation. Maybe a week in Shanghai followed by another in Mumbai . When you get back tell us how we are destroying the environment.to the determent of life on the planet and anyone stupid enough to be invested in it.
to the determent of life on the planet and anyone stupid enough to be invested in it.
And cell phone , and computer , and the groceries, and the on and on .And you are still apart of the life killing community with your carbon burning vehicle
Better than , little princess in car .People drive like jerks today...speeding, tailgaiting, cutting you off...etc.
When my girls become driving age, I'm going to put a sign in the back window of my car which reads...
BE PATIENT. NEW DRIVER
In fact, I believe they should sell signs like this at the Dollar Stores. I think many parents would purchase them.