Not if the US keeps electing Climate Change Deniers :(
But the time will arrive when this happens, it is just a matter of when. We should have been there by now, but I think *coins and AI is keeping fossil fuel demand high.
Two things will happen, we move to renewals, decreasing oil use a lot or Climate Change ends our society. Either case will lessen Oil Demand, that is the choice we are facing. The way things are going I expect the latter.
I venture to disagree with the analysis of the reason for the slower growth.
When EVs and other electrification takes 0.1%, then 0.2 and goes on doubling at a pace not much below once per year, of this kind of slower growth of oil demand is just what results. And when it goes on doubling...
But the time will arrive when this happens, it is just a matter of when. We should have been there by now, but I think *coins and AI is keeping fossil fuel demand high.
Two things will happen, we move to renewals, decreasing oil use a lot or Climate Change ends our society. Either case will lessen Oil Demand, that is the choice we are facing. The way things are going I expect the latter.
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