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Oil Surplus Predicted This Decade
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(06-14-2024, 10:20 PM)Stewy Wrote: Hope and reality are two different things.  Battery limitations and supply chain issues are problems that are not going away any time soon and hope won't fix them.  The current estimates of peak demand COMPLETELY ignore these factors, thus why I mention them.

https://www.reuters.com/sustainability/climate-energy/iea-expects-global-clean-energy-investment-hit-2-trillion-2024-2024-06-06/

Two trillion dollars worth of clean energy investments just this year alone. Out pacing fossil fuel investments 2-1.

https://www.iea.org/reports/global-ev-outlook-2024/trends-in-electric-cars

Nearly 1 out of every 5 cars sold in 2023 was an EV. A 35% y/y increase.

The train is just getting started but it has left the station and is rolling down the track.


The battery on my 2017 hybrid was my biggest concern. I’ve been pleasantly surprised. Zero issues, I thought maybe I would see a little decline by now, but I haven’t noticed anything. With as much R&D that has been taking place. I have to imagine battery technology now is way better than what I got seven years ago.
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RE: Oil Surplus Predicted This Decade - NATI BENGALS - 06-14-2024, 11:19 PM

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