Thread regarding ExxonMobil Corp. layoffs

Have we reached "Peak Oil"?

What do you think?

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| 1041 views | | 3 replies (last October 24, 2020) | Reply
Post ID: @OP+17AUsf7w

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Peak oil is the theory that we have reached highest production because we cannot find anymore. Peak demand is we hit highest production and are scaling back to manage supply.

So no, I do not think we have hit peak oil. Peak demand is a possibility.

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Post ID: @cqh+17AUsf7w

Peak oil, peak gasoline, peak diesel, maybe.

Peak hydrocarbon? Not a chance.

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Post ID: @kbt+17AUsf7w

I was listening this a few days ago (he thinks we have reached it - maybe):

  • BP CEO Bernard Looney explains his plans to shift the company's focus away from oil and gas. Also, the push for European battery production for electric vehicles. And, will consumers trust fallen travel giant Thomas Cook under new owners?

https://www.marketplace.org/shows/marketplace-morning-report/bp-ceo-bernard-looney-oil-gas-renewables-europe-electric-vehicle-batteries-thomas-cook/

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Post ID: @jkm+17AUsf7w

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