Gas prices still very low but oil seems to be moving up as world...

Gas prices still very low but oil seems to be moving up as world consumption stays strong .
BYE very leveraged to the price of oil .
How long will the shale oil miracle in the USA facilitate the increase in World consumption ?
When each basin rolls over production will go down quickly .
The Permian is still going up but when it starts to go down in the not too distant future the fear of Peak Oil could be reborn .

So far Peak Consumption has been a toothless Tiger in spite of all the electric cars and Solar panels and wind farms that have been funded by all that Green Cash coming from the Cult of Climate Change .

The move away from non renewable energy must happen eventually but it needs to be driven by science and economics instead of ideology .