<html><head><meta http-equiv="content-type" content="text/html; charset=utf-8"></head><body dir="auto"><div><p nodeindex="78" style="margin: 0px 0px 1em; padding: 0px;"><span style="background-color: rgba(255, 255, 255, 0);">"Suddenly the idea that we’ll reach peak oil supply seems far-fetched.</span></p><p nodeindex="79" style="margin: 0px 0px 1em; padding: 0px;"><span style="background-color: rgba(255, 255, 255, 0);">In fact, the reverse is true. The single most important idea you need to understand about the energy markets is <strong nodeindex="328" style="margin: 0px; padding: 0px;">we’re approaching peak <em nodeindex="329" style="margin: 0px; padding: 0px;">demand</em> for oil</strong>.</span></p><span style="background-color: rgba(255, 255, 255, 0);">Hitting the tipping point<br nodeindex="330" style="margin: 0px; padding: 0px;">It’s a simple enough idea to understand.</span><p nodeindex="80" style="margin: 0px 0px 1em; padding: 0px;"><span style="background-color: rgba(255, 255, 255, 0);">There’s a confluence of technological, social and environmental forces merging all at once, all of which will result in lower – potentially radically lower – demand for oil in the next decade.</span></p><p nodeindex="81" style="margin: 0px 0px 1em; padding: 0px;"><span style="background-color: rgba(255, 255, 255, 0);">For instance, in the next couple of years we’re going to see a revolution in the car industry, in which car ownership falls off a cliff. I predict this will come about much faster than anyone realises."</span></p><br><a href="https://pocket.co/sM2bR4">http://peakoil.com/consumption/peak-oil-is-dead-peak-demand-is-dead-ahead</a><br><br>Sent from Pocket - <a href="https://getpocket.com/go?src=email">Get it free!</a></div><div></div></body></html>