stuart staniford

More good news about Peak Oil, on the demand side

By / 2 Comments / 19 December 2018

Many in the Peak Oil community have trumpeted the rise of oil prices from their 1990’s average of aprox $20 (measured by West Texas Intermediate, aka WTI). For example, note these posts at The Old Drum: The Bet Oil Price Touches $100 a Barrel; Signal of Pending Oil Shortages Ignored Holding Daniel Yergin and CERA …

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Good news about Global Oil Production!

By / 3 Comments / 19 December 2018

Forecasts of oil production are converging as better data and analysis eliminate many possible scenarios — including the apocalyptic ones so beloved by doomsters.   The experts in this group look for an imminent (starting somewhere in the next few years) peak in liquid fuels (petroleum & biofuels) production, followed by either a long plateau or a slow decline.  These five …

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