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62 comments on Drumbeat: October 10, 2009

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jonathan.s.callahan on October 10, 2009 - 10:19am Permalink | Subthread | Comments top

Why do I get the impression that the author of Meme Watch: Peak Demand has a Western bias?

Perhaps because his description that

oil consumption is reaching a plateau from which it will soon decline

doesn't completely capture the situation in the developing world.

From the Energy Export Databrowser:

It's amazing what people will say without looking at the data.

-- Jon

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The Dude on October 10, 2009 - 3:39pm Permalink | Subthread | Parent | Comments top

Indeed. The fact that Saudi Arabia can have shortages of both diesel for farmers and NG for generating electricity should be a tipoff.

Growth in consumption of oil as a percentage by region, stacked:

On the worldwide scale retractions in growth only last a year or two, with attendant recessions as well.

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62 comments on Drumbeat: October 10, 2009

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