Tags » Peak Oil
“It’s not that we’re running out of oil – it’s that the oil we want now comes at a high cost. There may be lots of oil left in the world but if we can’t afford it then its no damn use.” – Chris Skrebowski, director of Peak Oil Consulting.
India’s oil demand has grown faster than China’s so far this year, highlighting slowing energy demand in the world’s most populous country and fueling expectations that India may pick up the slack over the medium-to-long term. 482 more words