In a sharp shift in tone, the latest outlook from the world’s top energy agency signals that oil demand could keep growing through to 2050. The International Energy Agency had previously estimated a ...
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 ...
In 1956, the American geologist M. King Hubbert made a startling prediction: In a matter of decades, the supply of fuel on which so much of modern society depended would dwindle. Dubbed the “peak oil” ...
LONDON, ENGLAND - APRIL 24: Executive Director of the International Energy Agency (IEA) Fatih Birol delivers opening remarks during the Future of Energy Security Summit, hosted by the International ...