That crazy Tinordi, talking about peaking oil demand.
http://www.bloomberg.com/news/articl...be-no-recovery
Quote:
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Even amid low gasoline prices last year, electric car sales jumped 60 percent worldwide. If that level of growth continues, the crash-triggering benchmark of 2 million barrels of reduced demand could come as early as 2023. That's a crisis. The timing of new technologies is difficult to predict, but it may not be long before it becomes impossible to ignore.
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Pretty much what I said a few pages back. Watch the adoption rate of EVs that's the canary for the oil industry.