Greenpeace say we've hit peak oil (demand)
Posted: 28 Jul 2009, 19:12
The UK's Peak Oil Discussion Forum & Community
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Does that mean it's pretty good then?RGR wrote:I would rank this article as so-so.monster wrote:http://www.greenpeace.org.uk/blog/clima ... l-20090728
Mmmm... China hasn't even got going yet. They're sure to asset strip the planet. Much in the same way that they strip fur off animals:greenpeace-report-reckons-weve-hit-peak-oil (demand)
I suspect this is just wishful thinking and price collapse is entirely down to the recession.They say it's due to the falling and increasingly volatile oil price - which means it's getting too difficult to figure out what's worth investing in. A big contributing factor to this volatility is the belief that we're going to see some tough climate legislation in the near future.
Precisely.BP also say they're just seeing reduced demand for oil.