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zeeveener | 1 year ago

I think the key word is "decimated".

There will always be some baseline demand for petroleum products, but reducing the demand to be as close to baseline as possible is a good thing.

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Rinzler89|1 year ago

See my last paragraph.

zeeveener|1 year ago

For sure. I don't think we are disagreeing on that fact, nor do I believe it hurts the validity of my comment.

Two sides of the same coin. Demand will always exist in a waxing / waning fashion. You've identified an area that will temporarily increase demand in the industrializing countries.

My hope is that the reduction in demand in more established countries will be able to offset that increase in demand somewhat. Probably not enough to net-zero it, but hopefully it has some meaningful effect.