Shell CFO: Peak Oil Demand Could Be Reached In 2021  

OilPrice.com has a post on some recent comments by Shell's CFO - Shell: Peak Oil Demand Could Be Reached In 2021.

A senior executive for Royal Dutch Shell claimed demand could reach its peak as early as 2021, which is much sooner than anticipated by other analysts. “We’ve long been of the opinion that demand will peak before supply,” said Shell Chief Financial Officer Simon Henry, in a Tuesday conference call. “And that peak may be somewhere between 5 and 15 years hence, and it will be driven by efficiency and substitution, more than offsetting the new demand for transport,” Henry added.