Arjun Murti has been tracking global energy markets for three decades, including a stint as co-director of Americas equity research at Goldman Sachs. In this episode, Murti, who writes the Super-Spiked column on Substack, talks about rising global energy demand, the reasons for declining investment in the oil sector, “peak China,” gasoline as an “absolute miracle,” the exploitation of Africa’s mineral wealth, and why “oil demand will be the last thing to go away.” (Recorded July 3, 2023.)