dollarsperbbl

Hysteresis: World oil demand peaked in 2019.

Demand for world oil, but perhaps not world energy, peaked in 2019. Covid-19 has radically shifted the energy demand system:

UK road transport is the largest single CO2 emitting sector – a tonne for every UK resident – but has no

An energy transition axiom: Oil and gas majors will not lead the transformation, they will maintain their existing business model

0000 “Like every other destruction of optimism, whether in a whole civilization or in a single individual, those must have

Your corespondent has been in the Middle East for a while. Here is a short field-note ——– Dubai never quite

“…nicht einmal falsch!” There has been plenty coverage so far of the IEA’s WEO 2019, much quite negative, and we

“No amount of experimentation can ever prove me right: a single experiment can prove me wrong”. Albert Einstein It seems

The Energy Transition has Entered its Third Act: Crisis In a good, but flawed paper from Bloomberg NEF, we can

“Philip Larkin famously proposed that what will survive of us is love. Wrong. What will survive of us is plastic,

A short post here ahead of some more detailed ones to come in July and August. I have recently started