The idea of peak oil is familiar to most readers. It refers to the point at which global petroleum production reaches its maximum point and begins an irreversible decline. Turning to the United States ...
U.S. oil production may have peaked, signaling the end of the shale boom. Diamondback Energy and other major players report reduced drilling and fracking activity in the Permian Basin. Rising costs, ...
The International Energy Agency forecasts global oil demand to peak and plateau by the end of this decade, with China's demand peaking earlier than previously anticipated. While oil supply is expected ...
Thanks for reading Hyperdrive, Bloomberg’s newsletter on the future of the auto world. BloombergNEF’s annual passenger vehicle outlook sees 2025 global car sales returning to the highest level since ...
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