Monday, August 2, 2021

Notes From All Over -- The Abbreviated Book Edition -- August 1, 2021

Book review: Power Play: Tesla, Elon Musk and the Bet of the Century. It's interesting to see where Musk's chiefs ended up and where they are now. Link here. Author: WSJ reporter Tim Higgins.

David Bowie's favorite books: link here. Leads off with one of my favorite books, and a most interesting personality.

Gasoline demand: India's July, 2021, gasoline sales above pre-pandemic levels, link here.

Reality sucks, link here:

  • fuel demand in 4Q21 likely to be less than two million bopd than FY2018
  • but guess what, overall oil demand by 4Q21 still exceeds 2018 levels per IEA, EIA & OPEC
  • so, peak oil theory lovers, oil demand has neither peaked nor will do so for a good few years to come.
  • global demand:
    • FY2018: 99.7 million bpd
    • 4Q21e: 99.8 million bopd

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