global oil consumption
The world has consumed more oil every year for over 4000 years. At this moment in time the world consumes 1.2 million barrles per day every year on average for the last ten years.
https://www.iea.org/oil2018/
https://www.statista.com/statistics/265239/global-oil-consumption-in-barrels-per-day/
https://energy.umich.edu/news-events/energy-economics-weekly-briefings/story/global-energy-demand-growth-and-oil-pricing/
Oil is going now where fast IMO. Electric vehicles suck in cold weather countries. try and drive a 4X4 in snow with an electric truck LMAO> GL !!!!!! Since the majority of the western world lives in cold temperatures with snow, 100% electric vehicles will never fly, so people will only buy hybrids which consume oil.
The rest of the world with the largest population, AFRICA, CHINA, INDIA, and south East Asia are buying more and more gasoline cars. The world will continue to use more oil ever year to the tune of 1.2 million barrles per year.
VET will benifit from this for the next ten years easily.