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They’re citing oil consumption numbers during the pandemic which I’m sure will not be sustained.
by crsv 5y ago
They’re citing oil consumption numbers during the pandemic which I’m sure will not be sustained.
- weatherlight 5y agounless this is the new normal.
- jimmygrapes 5y agoYeah that's the vibe I got. Kinda like claiming record job growth when it's just "people are coming out of lock downs and general fear and also after the economy was on the brink of collapse"
- MatteoFrigo 5y agoThe production side is also unsustainable. Some large producers are committing not to increase production and instead pocket the higher prices. https://energynow.com/2022/02/pioneer-pledges-to-hold-u-s-shale-output-near-flat-in-2022/ https://energynow.com/2022/02/pioneer-pledges-to-hold-u-s-sh...
- Thorrez 5y agoWell, good for the environment, right?