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Melon

(1,628 posts)

6. China won't likely hit peak oil for another few years

Reply to AZJonnie (Reply #5)

Sat May 9, 2026, 10:36 AM

Yesterday

There consumption of oil is still growing and they are also building petrochemicals at a crazy rate. Well over consumption for many products. These are downstream from Naptha to propylene and ethylene. They are consuming more oil.

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The World Uses 103 Million Barrels Of Crude Oil Per Day [View all] gab13by13 Yesterday OP

stock market will make a killing....... Lovie777 Yesterday #1

Well, the pros with insider knowledge and the skills to leverage it will AZJonnie Yesterday #2

I could swear last I looked up that stat was not *that* long ago AZJonnie Yesterday #3

I used a live global oil production counter for my daily number gab13by13 Yesterday #4

Thanks. I have a bit of a bad memory when it comes to timeframes AZJonnie Yesterday #5

China won't likely hit peak oil for another few years Melon Yesterday #6

That's not how the specific term "peak oil" is generally used, but I take your point (nt) AZJonnie Yesterday #7

This message was self-deleted by its author nitpicked Yesterday #8

I based my own assessment on EIA's report nitpicked Yesterday #9