Tony Seba: Norway must do the math: If you can’t compete at $25 a barrel, you are out!

The main message from Tony Seba: Oil demand will peak in 2020 and disruption in the transportation sector will take away 30 million barrels per day from oil demand over the next decade. Oil more expensive than $25 a barrel will be uneconomic and stranded.

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Tony Seba says the transportation sector will be disrupted with reduced oildemand as a result. (Foto: Henrik Tveter)