Peak oil has been “the holy grail of resource economics ... increase is “forecast to slow to just 400,000 barrels a day in 2028”, said The Times, down from the expected growth of 2.4 million ...
It quickly became apparent that some didn't understand that the current discussions around "peak oil demand" are quite different than the "peak oil" arguments that were popular a few years ago.
But there are now signs that China’s thirst for crude is reaching a peak sooner than expected, a development that has sent shockwaves through the oil market. This week, China said its oil ...