Peak Cheap Oil vs Peak Oil Demand - E375
Bitcoin & Markets
Peak Cheap Oil vs. Peak Oil Demand
The speakers discuss the concepts of peak cheap oil and peak oil demand, highlighting the impact of the shift towards a multipolar world and the depletion of dollar Fx reserves. They analyze historical fluctuations in oil prices, challenging the perception of oil as ultra-expensive. Additionally, they emphasize the declining demand for oil due to slowing economic growth, declining demographics, and aging populations in the highest oil-demanding places.
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