Later: see comments.
For the record, I'm 1000% in XOM's camp.
From today to 2030, it's only seven years, and XOM has demand only going from 100 to 105; in the big scheme of things, practically flat. Meanwhile, even if BP is correct about demand being flat through 2030 (which is very, very unlikely) that descent is quite remarkable.
JMHO but i agree with XOM. China, India and Africa will use massive quantities of Oil products. don
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