Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

(6,148 posts)

13. We passed peak oil use

Mon Jun 15, 2026, 02:45 PM

4 hrs ago

So now quarter by quarter demand will ever so slowly decrease. The lack of growth will wreck havoc on the oil industry's financing.

Edit history

Please sign in to view edit histories.

0 members have recommended this reply (displayed in chronological order):

16 replies

= new reply since forum marked as read

Highlight:

I worked in the Oil and Gas industry for over 30 years... [View all] CapnSteve 7 hrs ago OP

👍 Rec'd underpants 7 hrs ago #1

Excellent explanation gab13by13 7 hrs ago #2

And the media will kacekwl 7 hrs ago #3

They will keep the price as high as possible for as long as possible GreatGazoo 6 hrs ago #4

Great detail! CapnSteve 6 hrs ago #5

Yes, but... CapnSteve 6 hrs ago #6

Same goes for groceries, imported items, restaurant food, TexasBushwhacker 6 hrs ago #7

Well done. Thank you. ❤️ littlemissmartypants 5 hrs ago #8

The same thing is taking place popsdenver 5 hrs ago #9

If the "new normal" doesn't come down, how does one explain this: onenote 4 hrs ago #11

We passed peak oil use IbogaProject 4 hrs ago #13

If it's been 6 months, it isn't temporary. It's just life now... OC375 4 hrs ago #14

After I retired from regular job multigraincracker 4 hrs ago #15

they sure don't waste any time jacking those prices UP Skittles 1 hr ago #16