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- 2026: Expect a very uneven world economic downturn
- Too many promises; too few future physical goods
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- Why oil prices don’t rise to consistently high levels
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Tag Archives: demand destruction
Why is US Oil Consumption Lower? Better Gasoline Mileage?
United States oil consumption in 2012 will be about 4.7 million barrels a day, or 20%, lower than it would have been, if the pre-2005 trend in oil consumption growth of 1.5% per year had continued. This drop in consumption … Continue reading
