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

Marv Gandall marvgand2 at gmail.com
Wed Dec 23 11:20:58 PST 2015


Yup. :(

On Dec 23, 2015, at 10:23 AM, Jordan Hayes <jmhayes at j-o-r-d-a-n.com> wrote:


> 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
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