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OPEC say global demand for crude oil will rise to 110mill. barrels/day by 2040

Discussion in 'Australia & New Zealand' started by Nickdp, Jan 3, 2016.

  1. Nickdp

    Nickdp Member

    Joined:
    Feb 7, 2015
    Messages:
    46
    Location:
    Melbourne, Victoria, Australia
    anyone spot this piece of cutting-edge journalism?

    OPEC hits out at the prospects for electric cars - Proactiveinvestors (AU)

    Here's my nomination for the two most memorable sentences in the above piece:

    Runner Up : "The cartel predicts battery-powered electric cars will capture just 1% of global vehicle sales by 2040."

    My favourite: "The Saudis, having driven the oil price down to US$35 a barrel in a vainglorious attempt to maintain its market share, now have their heads stuck in the sand; and there’s an awful lot of sand in Saudi Arabia." [italics mine]

    that is what kept me laughing all morning. :biggrin:
     
  2. EcoCloudIT

    EcoCloudIT Member

    Joined:
    Aug 24, 2015
    Messages:
    429
    Location:
    Melbourne, VIC
    This...is... hilarious ....

    However, if you watch the video on the "Art of Disruption" by Tony Seba (in the below thread) it all makes sense doesn't it...

    The Art of Disruption

    -ECIT
     
  3. paulp

    paulp Member

    Joined:
    Jul 23, 2015
    Messages:
    797
    Location:
    Adelaide, Australia
    Indeed it does. They need to be re-inventing themselves rather than ignoring the problems created by their products, problems including pollution and war.
     

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