Chapter 6:. Reviewed by: Teneil Ryno . If Oil Didn’t Exist , We’d Have to Invent It. . Quotes from the book. Previously stated: “It is not energy that creates wealth, rather it is energy use.”. “Without transportation, there is no commerce.” – Don Cheatman.
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Reviewed by: Teneil Ryno
If Oil Didn’t Exist , We’d Have to Invent It
“It is not energy that creates wealth, rather it is energy use.”
“Without transportation, there is no commerce.” – Don Cheatman
To go further: Bryce’s Hypothesis – “Without oil there is no commerce”
“Oil shrunk the world.”
“Oil is the most flexible substance discovered.”
Oil Demand per Capita (barrels)
*OECD – Organization for Economic Cooperation and Development
In countries where oil demand is more that 12 barrels per capita, GDP is at least 2
times as high as countries that demand less than 6 barrels of oil per capita.
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