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Outlook says peak oil demand by 2030 theory is crumbling
IEA and Rapidan say oil demand may not peak by 2030, with growth possible to 2050 and a refining bottleneck ahead to spur investment.
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 ...
The International Energy Agency (IEA) is predicting a potential oil glut by decade’s end, reports the Financial Times (FT), a “staggering” surplus possibly amounting to millions of barrels per day. In ...
The looming specter of “peak oil” has been a topic of intense debate for years. While some experts predict a rapid decline in global oil production, others maintain that the world’s energy supply will ...
The key international agency forecasting energy demand now says the current path will have consumption of oil and gas growing through 2050, as electric-vehicle adoption misses earlier estimates.
Global demand for oil just keeps growing. It’s only fallen once in the past dozen years — in 2020, at the start of the COVID-19 pandemic. After that, it roared back. But as the world continues to ...
Leading energy consultancy's contrarian view on sustained oil demand growth gains mainstream acceptance as IEA and several other prominent forecasters revise projections WASHINGTON, Nov. 19, 2025 ...
Global demand for oil and natural gas could grow until 2050, the International Energy Agency said Wednesday, departing from previous expectations of a speedy transition to cleaner fuels following US ...
On Jan. 7 the Register published part of my essay of about oil depletion and Peak Oil, the prediction from energy resource specialists that by 2010, global oil production will peak and start to ...
Oil and gas demand could continue to grow until the middle of the century, according to a new International Energy Agency scenario that shifts away from previous expectations of so-called peak oil ...
The World Oil Supply Report,a new study published by energy analysts Douglas-Westwood is now available. The World Oil Supply Report considers all existing and potential oil producing countries and ...
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