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It may be worth considering that while Norway's 'motor fuel sales' went down supposedly their 'oil consumption' use per EIA has remained flat (and supposedly go
by seltzered_ 3y ago
It may be worth considering that while Norway's 'motor fuel sales' went down supposedly their 'oil consumption' use per EIA has remained flat (and supposedly gone up recently) - see this chart by Nate Hagens in https://twitter.com/NJHagens/status/1669072120939159553 https://twitter.com/NJHagens/status/1669072120939159553 which is figure 2 in https://fictitiouscapital.substack.com/p/a-sticky-situation-our-chronic-oil https://fictitiouscapital.substack.com/p/a-sticky-situation-... which says "But look at the interesting case study of Norway, where oil consumption has remained flat (it has one of the highest per capita oil consumption levels globally — 3x China & 10x India) despite EVs being 90%+ of new car sales and 98% electricity coming from hydropower."
- lostlogin 3y agoI can see the list of things they use it for, but why is oil consumption flat lining? What is increasing their usage (as ICE car usage declines)?