by David Middleton, March 11, 2019 in WUWT

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Jude Clemente’s energy articles on Real Clear Energy and Forbes are always worth reading.

Key takeaways:

1. Major oil company (particularly European majors) predictions of a near-term peak in oil demand are 99.999% driven by politics and the need to appease the investment community.
2. According to baseball legend, the late, great Yogi Berra, “It’s tough to make predictions, especially about the future.” So, make sure your timeline is long enough to evade having to take responsibility for failed predictions.
3. Malthuisan predictions have a 100% track record of being wrong.
4. As these United States become a net exporter of crude oil in the near future, we will have no problem finding customers.

Here are the graphs from Mr. Clemente’s article:

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