[lbo-talk] OPEC confident about continued demand for oil

Jordan Hayes jmhayes at j-o-r-d-a-n.com
Wed Dec 23 10:23:18 PST 2015


Marv notes:


> OPEC’s latest projection of oil demand show the industry isn’t
> worried, at least publicly, about being displaced by solar, wind
> and other renewables.

Hey, the UK just finally closed their last deep pit coal mine the other day (taking a peak membership in the union of 500k workers with it).

Not that they've stopped using coal ... far from it.

http://www.bbc.com/news/uk-england-york-north-yorkshire-35124077

It's going to be a while before we stop burning oil ...

/jordan



More information about the lbo-talk mailing list