2min chapter

The Great Simplification with Nate Hagens cover image

"Electric Vehicles": Arthur Berman, Simon Michaux & Pedro Prieto | Reality Roundtable #01

The Great Simplification with Nate Hagens

CHAPTER

The Impact of the Financial Pressure on Oil Consumption

World consumption of refined products mostly transport fuels has not recovered to where it was in Simon's benchmark year of 2019. The correlation between GDP and energy consumption as most people know is like 99 percent. People are scaling back where they can and where where I can scale back on my spending is on my personal car use, he says.

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