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Oil's Biggest Threat: 'Peak Demand' Within 15 Years?

Submitted by Nick Cunningham via OilPrice.com, For more than two years the oil industry has suffered through its worst down cycle since the 1980s, and relief may not come until the middle of 2017 at the earliest. Some argue that oil prices may take even longer before they rebound. But while oil executives are focusing on the next few years, a much bigger threat looms over the long-term: Peak oil demand.
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