Oil Becoming Code for Sovereignty

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Oil Becoming Code for Sovereignty in Contested South China Sea

Oil Becoming Code for Sovereignty & Peak Oil

Many of the reports published that cover oil consumption and how quickly consumers will embrace Electric Vehicles (EV) paint a far rosier outlook for the future of oil than the facts dictate. The reason is simple; most of these reports tend to be written or sponsored by big oil and so they tend to be biased.  We are not stating that this is the end of oil, but its glory days are probably behind it.  One thing is obvious; the peak oil theory experts are and were always full of rubbish. In fact, we penned several articles over the years covering this issue the latest of which was titled “peak oil debunked”.

Oil Becoming Code for Sovereignty

Maybe before but now the outlook has changed as the oil market has collapsed after the coronavirus pandemic

 

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