My answer to the question posed is “kinda sorta….but not nearly as much as you are being told.” Judge for yourself using the graphic below. Seemingly forever, since Drake drilled his first well in 1859, global oil demand has been almost entirely one thing…up. In fact, since 1984, oil consumption...
https://www.hellenicshippingnews.com/does-the-price-of-oil-even-matter/