The 'Energy Transition' That Wasn't: Crude Demand Hits All-Time High, Yet Again
Writing at OilPrice.com, finance writer, investor, and engineer Alex Kimani says analysts at Standard Chartered estimate that global crude oil demand hit yet another all-time high in August. It’s yet another proof point that the vaunted ‘energy transition’ is not a transition at all, but is instead turning into a massive energy addition in terms of energy usage and supply from a variety of different sources.
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