The electrification of transport is a macro trend with a long-term impact on the oil demand. As gasoline cars age and consumers are incentivised to buy EVs, peak oil consumption could be insight. How is the electrification of transport disrupting oil and gas? The sales of EVs increased exponentially throughout 2021. Around 2 million EVs were sold, in Q1 2022 — an increase of 75% compared to Q1 2021. But that growth trend has...
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The worst policy-driven energy hyperinflation could unfold as the northern hemisphere tilts towards winter. Collapsing living standards can be attributed to energy hyperinflation. Food bank demands are already spiking in advanced economies. In Northern Texas, the hungry people and unemployed lines outside the food banks are worse than a few years ago during the lockdowns. Trisha Cunningham, CEO of NTFB, told CBS News that demand...
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