#Oil market is flexible: mitigated predictions of deficit; adapted to diversification; may adapt to climate concerns if flaring and venting are taken seriously. Yet, it produces social aversion snce 1940s; also constitutes object of power symbols https:/
@mwt2008 @WTXOfficeTrash @SiOldridge We hear this since early 2000s. There's a very good chapter about in my edited volume. Time will tell https://t.co/rjBz3Oc3cS
IEA predicts oil deficit. Just 3 years ago, many rushed to claim the end of oil demand. Same discourses in 1998 and in 1986: too much oil, too little demand... then correction comes! https://t.co/rjBz3Oc3cS
@IndraOverland @tomstandage @guardian Samuele Furfari briefly mentioned it in his chapter to our book 'Beyond market assumptions' he also explained why oil has been viewed as indispensable in transport: https://t.co/rjBz3Oc3cS