{"id":1897,"date":"2014-11-21T07:26:03","date_gmt":"2014-11-21T12:26:03","guid":{"rendered":"http:\/\/olduvai.ca\/?p=1897"},"modified":"2014-11-21T07:26:03","modified_gmt":"2014-11-21T12:26:03","slug":"the-uncertain-future-of-oil-demand-jeff-rubin","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=1897","title":{"rendered":"The Uncertain Future of Oil Demand | Jeff Rubin"},"content":{"rendered":"<p><a href=\"http:\/\/www.jeffrubinssmallerworld.com\/2014\/11\/17\/the-uncertain-future-of-oil-demand\/\">The Uncertain Future of Oil Demand | Jeff Rubin<\/a>.<\/p>\n<p style=\"padding: 0px 0px 10px 0px; margin: 0px;\">At a recent investment conference sponsored by Royal Bank and Suncor I spoke about the likelihood that billions of dollars of carbon assets will never see the light of day. Contemplating the idea of stranded assets isn\u2019t in either company\u2019s interests, so both deserve credit for providing a discussion forum for a topic that\u2019s going to become ever more important to investors.<\/p>\n<p style=\"padding: 0px 0px 10px 0px; margin: 0px;\">After laying out my argument for why oil prices must fall in an emission-constrained future, I was asked a question that might seem straightforward on the surface, but in reality is anything but. Won\u2019t falling oil prices always trigger a rebound in oil demand (and, by extension, an equally large bounce in carbon emissions)?<\/p>\n<p style=\"padding: 0px 0px 10px 0px; margin: 0px;\">It\u2019s a belief that many energy investors are likely clinging to these days. A 30 percent drop in global oil prices so far this year is stoking expectations that a big pick up in demand is just around the corner. In a world before climate change became a household term that may have been the case, but not any more.<\/p>\n<p style=\"padding: 0px 0px 10px 0px; margin: 0px;\">&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Uncertain Future of Oil Demand | Jeff Rubin. At a recent investment conference sponsored by Royal Bank and Suncor I spoke about the likelihood that billions of dollars of carbon assets will never see the light of day. Contemplating the idea of stranded assets isn\u2019t in either company\u2019s interests, so both deserve credit for [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[3],"tags":[1332,113,589],"class_list":["post-1897","post","type-post","status-publish","format-standard","hentry","category-energy-2","tag-carbon-assets","tag-carbon-emissions","tag-oil-demand"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/1897","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1897"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/1897\/revisions"}],"predecessor-version":[{"id":1898,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/1897\/revisions\/1898"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1897"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1897"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1897"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}