?IEA?s Birol Says Iran War Will Permanently Cut Into Future Oil Demand?
https://oilprice.com/Latest-Energy-News/World-News/IEAs-Birol-Says-Iran- War-Will-Permanently-Cut-Into-Future-Oil-Demand.html
?International Energy Agency chief Fatih Birol says the Iran war has permanently changed the fossil fuel industry and will accelerate a shift toward renewables, nuclear power and electrification at the expense of
oil demand.?
Meh.˙ The demand for oil is very elastic based on the price.˙ People
have temporary options to move to something else or they stop using
energy for a while.
When and if the price for oil drops, the demand will skyrocket again.
Oil is just too flexible as an energy source for people to walk away
from it.
Lynn
On 4/24/26 19:25, Lynn McGuire wrote:
?IEA?s Birol Says Iran War Will Permanently Cut Into Future Oil Demand?
https://oilprice.com/Latest-Energy-News/World-News/IEAs-Birol-Says-
Iran- War-Will-Permanently-Cut-Into-Future-Oil-Demand.html
?International Energy Agency chief Fatih Birol says the Iran war has
permanently changed the fossil fuel industry and will accelerate a
shift toward renewables, nuclear power and electrification at the
expense of oil demand.?
Meh.˙ The demand for oil is very elastic based on the price.˙ People
have temporary options to move to something else or they stop using
energy for a while.
When and if the price for oil drops, the demand will skyrocket again.
Oil is just too flexible as an energy source for people to walk away
from it.
Lynn
˙˙˙˙Such may be your hope and desire but i hope you live long enough
to enjoy a hot house earth.˙ That is what your desire will achieve.
On 4/24/2026 10:08 PM, Bobbie Sellers wrote:
On 4/24/26 19:25, Lynn McGuire wrote:
?IEA?s Birol Says Iran War Will Permanently Cut Into Future Oil Demand?
https://oilprice.com/Latest-Energy-News/World-News/IEAs-Birol-Says-
Iran- War-Will-Permanently-Cut-Into-Future-Oil-Demand.html
?International Energy Agency chief Fatih Birol says the Iran war has
permanently changed the fossil fuel industry and will accelerate a
shift toward renewables, nuclear power and electrification at the
expense of oil demand.?
Meh.˙ The demand for oil is very elastic based on the price.˙ People
have temporary options to move to something else or they stop using
energy for a while.
When and if the price for oil drops, the demand will skyrocket again.
Oil is just too flexible as an energy source for people to walk away
from it.
Lynn
˙˙˙˙˙Such may be your hope and desire but i hope you live long enough
to enjoy a hot house earth.˙ That is what your desire will achieve.
I am way past my "use by" date already.˙ I was born without a heart
right coronary artery.˙ Pistol Pete was born without his heart left
coronary artery and he passed away at age 40.˙ I am 65 and had my first heart attack at 49 and the second at 53.˙ I survived both my heart
surgeries and am living the good life, hoping to make it to 70.˙ My
heart is only 30% enlarged and 20% dead (the back side where the right artery feeds).˙ God designed us with a single pump system but only for
45 years according to my best guess so I am way past that.
˙˙ https://en.wikipedia.org/wiki/Pete_Maravich
Earth will not grow hot due to the greenhouse effect.˙ Greenhouses are closed systems but Earth is an open system.˙ But, Earth may grow warm
due to total energy usage by the human race which is growing at 3 to 5%
per year.˙ But no significant heat up for hundreds of years.˙ The solar power satellites will be going up soon, maybe in 2029, and solar energy
that would normally bypass Earth will be captured and microwaved to receiving stations on Earth.˙ Plus nuclear is at a renaissance and we
will see around a 50 to 60 new large nuclear power plants in the next
ten years and 400 to 500 small nuclear power plants also in the next ten
years.˙ Maybe double that if the new small nuclear plants really take off.
We are spoiled, we still live in an Ice Age.˙ An Ice Age is defined as
when one or both of the poles are frozen.˙ Earth has been much warmer in
the not so distant past.
Lynn
?IEA?s Birol Says Iran War Will Permanently Cut Into Future Oil Demand?
https://oilprice.com/Latest-Energy-News/World-News/IEAs-Birol-Says-Iran-War-Will-Permanently-Cut-Into-Future-Oil-Demand.html
?International Energy Agency chief Fatih Birol says the Iran war has permanently changed the fossil fuel industry and will accelerate a
shift toward renewables, nuclear power and electrification at the
expense of oil demand.?
Meh. The demand for oil is very elastic based on the price.
Earth will not grow hot due to the greenhouse effect. Greenhouses
are closed systems but Earth is an open system.
On Fri, 24 Apr 2026 21:25:22 -0500, Lynn McGuire wrote:
?IEA?s Birol Says Iran War Will Permanently Cut Into Future Oil Demand?
https://oilprice.com/Latest-Energy-News/World-News/IEAs-Birol-Says-Iran-War-Will-Permanently-Cut-Into-Future-Oil-Demand.html
?International Energy Agency chief Fatih Birol says the Iran war has
permanently changed the fossil fuel industry and will accelerate a
shift toward renewables, nuclear power and electrification at the
expense of oil demand.?
Meh. The demand for oil is very elastic based on the price.
Actually, if oil were that essential and irreplaceable, demand would
be very *in*elastic -- people would pay whatever it takes, rather than
do without. The fact that people *can* substitute something else means
that higher oil prices will encourage them to do so.
And the worry about this sort of nonsense happening again will make
them a bit reluctant to switch back in future. Once bitten, twice shy,
and all that.
We have had several oil shortages or near shortages in my lifetime.
On Sat, 25 Apr 2026 00:18:25 -0500, Lynn McGuire wrote:
We have had several oil shortages or near shortages in my lifetime.
This is easily the worst one yet -- worse than the 1970s oil crisis.
Not least because a madman keeps threatening to exterminate those who
stand in his way.
We are spoiled, we still live in an Ice Age. An Ice Age is defined as when one or both of the poles are frozen. Earth has been much warmer in the
not so distant past.
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