The Biggest Argument For Peak Oil
BP’s peak oil demand prediction in 2020 turned out to be wrong. A relatively large number of forecasts don’t see peak oil happening within the next few decades. Advancements in Continue Reading
We Appear To Be Very Close To Peak Global Oil Production, And That Has Enormous Implications For The Entire Global Economy
What do you think is going to happen when we get to a point where the world simply cannot produce any more oil than it is already producing? It is Continue Reading
How Close Are We To Peak Oil Demand?
In 2020, BP shocked energy markets, declaring the world was already past peak oil demand. Now, when analysts talk about peak oil, they are referring to that point in time Continue Reading
Is the world heading towards Peak Oil?
Let’s park up all the environmental downsides of oil usage for the moment. Because despite all of oil’s sins, most of humanity depends on it for everything from the clothes Continue Reading
McKinsey: Oil Demand Peak Could Be Two To Five Years Away
McKinsey: uptake of electric vehicles is the main driver for stagnating growth in oil demand. McKinsey: global liquids demand to peak around 102 million barrels per day within 2-5 years. Continue Reading
Energy Transition Accelerating Faster Than Ever, Industry Says
Energy industry leaders believe the energy transition is accelerating faster than ever with 2022 set to be a strong year for industry growth. Energy professionals revealed that energy industry leaders Continue Reading
TotalEnergies Expects Peak Oil Demand Before 2030
French supermajor presents two scenarios for global energy and oil demand to 2050. According to TotalEnergies’ Momentum scenario, natural gas will be key to the energy transition, while oil consumption Continue Reading
Total Sees Oil Demand Peaking Before 2030 in Power Switch
French energy giant TotalEnergies SE expects global oil demand to peak before the end of this decade, as more nations crack down on fossil fuels and promote cleaner power in Continue Reading
Daniel Yergin’s firm predicts total refined products demand peaks in 2036
Add one of the most respected figures in the oil and gas industry to those predicting that demand for petroleum products is nearing its peak. IHS Markit, of which Pulitzer Continue Reading
Peak Internal Combustion Engine May Already Be Years Behind Us
The world hit a transport milestone in 2017, though most people wouldn’t have noticed it at the time. That year, consumers bought more than 85 million automobiles, a sales volume that Continue Reading