In point A, there is a chart regarding the UK oil consumption (depicted by the Y-axis) and production (depicted by the X-axis). It’s unassailable that these two values have been changing over time. The Y-axis value was usually steady and has fluctuated around 2000 barrels per day, while the X-axis (representing production) soared up in 1975 and reached its tipping point in 2000 with almost 3000 barrels per day. Unfortunately, oil production has since plummeted, and over the course of 5 years, it met the Y-axis at around 1,800 barrels per day. The sudden decline in oil production may derive from many factors, such as switching to electric vehicles and unstable market conditions.
In point A, there is a chart regarding the UK oil consumption (depicted by the Y-axis) and production (depicted by the X-axis). It’s unassailable that these two values have been changing over time. The Y-axis value was usually steady and has fluctuated around 2000 barrels per day, while the X-axis (representing production) soared up in 1975 and reached its tipping point in 2000 with almost 3000 barrels per day. Unfortunately, oil production has since plummeted, and over the course of 5 years, it met the Y-axis at around 1,800 barrels per day. The sudden decline in oil production may derive from many factors, such as switching to electric vehicles and unstable market conditions.