The Rising Influence of Rising Affluence

[OakesCS]

Barclays estimates that crude oil demand will fall to 72m barrels a day by then

'then' presumably being 2040. Bit of an unlikely scenario IMNSHO since that number would require ~74% reduction in 23 yrs.

as for Jessica Shankleman. She is a single topic writer whose only credentials are in English literature and journalism. Consequently, she relies on lots of "ifs', 'coulds', and 'unsubstantiated 'projections'.

my somewhat better informed counter-revelation is that with all of the projections of increases in 'green technology break-throughs' that oil and nat gas consumption will continue to follow the historical trends well past 2040.