Brace for a devastating oil shock ahead
If Independence Day were about feting the U.S. weaning itself from foreign oil and forging a renewables future, the man behind our call of the day probably wouldn’t be sounding Continue Reading
The “Peak Oil” Pig Returns With A New Shade Of Lipstick
Proponents of a new strain of the always-tiresome, never-correct “Peak Oil” theory have returned to the public discourse , this time with a new theory coming from the other side Continue Reading
Oil Industry To Waste Trillions As Peak Demand Looms
A new report from The Carbon Tracker Initiative analyzed what would happen if the oil market saw demand peak by 2025, a scenario that would be compatible with limiting global Continue Reading
The World Is Millions Of Barrels Away From Peak Oil
The notion that demand for crude oil will soon peak has largely replaced the idea from a decade ago that crude oil production was about to peak for geological reasons. Continue Reading
Using Energy to Extract Energy – the Dynamics of Depletion
The “Limits to Growth Study” of 1972 was deeply controversial and criticised by many economists. Over 40 years later, it seems remarkably prophetic and on track in its predictions. The Continue Reading
Falling Interest Rates Have Postponed “Peak Oil”
Falling interest rates have huge power. My background is as an actuary, so I am very much aware of the great power of interest rates. But a lot of people Continue Reading
Peak Oil Demand Is A Risk – Why Nobody Knows If Or When
The lead story in a recent The Wall Street Journal Report on Innovations In Energy was titled “Get Ready for Peak Oil Demand.” We have been getting ready for the Continue Reading
This Is What the Demise of Oil Looks Like
From giant companies like Exxon Mobil Corp. to OPEC members such as Saudi Arabia, oil producers say their industry will enjoy decades of growth as they feed the energy needs Continue Reading
Get Ready for Peak Oil Demand
The world’s largest oil companies are girding for the biggest shift in energy consumption since the Industrial Revolution: After decades of growth, global demand for oil is poised to peak Continue Reading
Saudi Aramco CEO Says Peak Oil Demand Is a Misleading Theory
Petroleum use will keep growing for decades to come: Nasser World’s largest producer remains on track for IPO next year The boss of Saudi Arabia’s state oil company defended petroleum Continue Reading