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progree

(10,892 posts)
17. Globally, IEA is only projecting "as much as" a 20% drop in oil demand "may be lost"
Wed Apr 8, 2020, 07:51 AM
Apr 2020
https://www.democraticunderground.com/1127137108 (New York Times citing IEA)
As much as 20 percent, or 20 million barrels a day, of oil demand may be lost as the global economy slows, according to the International Energy Agency. That is roughly equivalent to eliminating all U.S. consumption.


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I looked a bit and couldn't find how much less gas we as a nation have been using in the last month, I would think in the range of 20-30% less?


Twin Cities traffic is down 70% from this time a year ago. Coincidentally, Metro Transit (Twin Cities public transit) bus ridership is down 70%, though they have reduced their service by about 40%.

So yeah, I'm surprised too that there isn't more of a drop.

An IEA article I just ran across said 3 billion people are on some kind of lockdown.
Trump's been doing more rallies. TreasonousBastard Apr 2020 #1
Beat me to it! 2naSalit Apr 2020 #2
Yeah, Newest Reality Apr 2020 #3
This is my guess Finishline42 Apr 2020 #16
Globally, IEA is only projecting "as much as" a 20% drop in oil demand "may be lost" progree Apr 2020 #17
This year should go to zero jimfields33 Apr 2020 #4
Huh? What's gone or going to zero? progree Apr 2020 #5
Carbon output jimfields33 Apr 2020 #6
Carbon output is zero? Where do you get your statistics? progree Apr 2020 #7
If nobody in the world is doing anything literally jimfields33 Apr 2020 #8
Nobody in the world is doing anything literally? progree Apr 2020 #10
I just thought that we had a certain time left to fix things jimfields33 Apr 2020 #12
I'd guess probably not that much extra time, but add on a multiyear global recession, progree Apr 2020 #13
It's complicated to me jimfields33 Apr 2020 #14
Thanks for the kind and kinder-than-deserved words... progree Apr 2020 #15
Unfortunately, no - March 2020 414.50 ppm, March 2019 411.97 ppm hatrack Apr 2020 #18
Given that 2019 CO2 EMISSIONS were only 0.6% above 2018 emissions, I'm hopeful 2020 will progree Apr 2020 #19
You're still using electricity posting here NickB79 Apr 2020 #20
Holy cow. You are right. Didn't think of those. jimfields33 Apr 2020 #21
Trump sure is running his mouth a lot every day, a lore more than normal. Jamastiene Apr 2020 #9
Ok, who farted?........... really though... where is the leak? Where is the concentration? nt mitch96 Apr 2020 #11
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