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Can Oil Demand Really Peak Within 5 Years?

Can Oil Demand Really Peak Within 5 Years? Oil demand could peak as soon as five years from now. Predicting the point at which the world reaches peak oil demand has become something of a cottage industry. The estimates range, but tend to fall somewhere around 2030 or later. However, two new predictions – just […]

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Are We Sleepwalking Into The Next Oil Crisis?

Are We Sleepwalking Into The Next Oil Crisis? One school of thought is that future oil demand is set to decline because consumers will have better options. Many in this “peak demand” camp believe that the growth of electric vehicles will soon make oil obsolete. That’s a relatively painless view of the future and is […]

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Don’t Confuse Peak Oil And The Peak Oil Debate

Don’t Confuse Peak Oil And The Peak Oil Debate In the past five years of writing about energy one of my favorite observations has been that people get into trouble because they “confuse Peak Oil and the Peak Oil Debate.” In other words, they confuse what Peak Oil IS and what Peak Oil MEANS. Because […]

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BP Sees Peak Oil Demand In 2030s

BP Sees Peak Oil Demand In 2030s BP says oil demand will peak in the 2030s, and that EVs will rise 100-fold to capture about a third of the car market. BP released its annual Energy Outlook, with forecasts through 2040. Unlike in years past, this version sees more upheaval on the horizon as the […]

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Exxon To Produce All Of Its Oil Despite Peak Demand Fears

Exxon To Produce All Of Its Oil Despite Peak Demand Fears ExxonMobil was forced to finally acknowledge the possibility that future climate change policy could lead to peak oil demand, a serious threat to the company’s operations over the long-term. In response to a shareholder resolution passed last year, the oil major just released a […]

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Peak Oil Demand Is A Slow-Motion Train Wreck

Peak Oil Demand Is A Slow-Motion Train Wreck Will oil demand peak within five years? 15 years? Or not until 2040 or 2050? The precise date at which oil demand hits a high point and then enters into decline has been the subject of much debate, and a topic that has attracted a lot of […]

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Tomgram: Michael Klare, The Coming World of “Peak Oil Demand,” Not “Peak Oil”

Tomgram: Michael Klare, The Coming World of “Peak Oil Demand,” Not “Peak Oil” In a Greater Middle East in which one country after another has been plunged into chaos and possible failed statehood, two rival nations, Iran and Saudi Arabia, have been bedrock exceptions to the rule. Iran, at the moment, remains so, but the […]

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