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IbogaProject

(5,714 posts)
13. Peak oil
Thu Feb 12, 2026, 12:42 PM
10 hrs ago

We have had too much oil for decades now, that is why they are always going to war to harm producers and sanctioning places like Iran and Russia. I am aware Russia deserves their sanctions but it is also market manipulation as well. And now it appears global oil consumption has now peaked. Oil use will remain too high for a long while, but now the lack of growth will place pressure on oil producers as our debt based currency and system depends on endless growth. Endless growth for oil producers is over now.

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