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


Feb 7, 2015
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:

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