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wasoxygen · 1456 days ago · link · · parent · post: "What made BP’s forecast unique is that peak oil now snuck into its business-as-usual baseline."
“The peak no one saw coming” Except their own source, BP’s Energy Outlook Oil consumption grew by 0.9% in 2019, lower than the average of the previous ten years. Oil production fell slightly by 60,000 b/d in 2019 as strong non-OPEC production growth, led by the US, was offset by a sharp decline in OPEC production.
