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sumisu

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sumisu

Re: None

Monday, 12/06/2021 9:55:01 AM

Monday, December 06, 2021 9:55:01 AM

Post# of 28739
Running Out of Spare Capacity

11/ 19/ 2021

Goehring & Rozencwajg

https://blog.gorozen.com/blog/running-out-of-spare-capacity-global-oil-markets?fbclid=IwAR3IXQdh_kP6h-3bg593RDl3ETtYZPlj44cgZ4H8D_V3STVEGWBTO3DxHbo

"If the energy crisis has arrived, where does Goehring & Rozencwajg see things 12 months from now? By the end of 2022, we believe global oil demand will have exceeded pumping capability for the first time in history. Just as no one agreed with our assessment of an emerging energy crisis this time last year, almost no one agrees us today either. Instead, conventional wisdom strongly believes OPEC spare capacity will be returned, eventually throwing the market into huge surplus in 2022."

PEAK OIL - EPOCHAL EVENT OF OUR LIVES #board-6609
SUSTAINABLE LIVING FOR CHALLENGING TIMES #board-9881
PEAK BEE POPULATION - COLONY COLLAPSE DISORDER #board-17471
PEAK WATER #board-12656

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