More good news about Peak Oil, on the demand side

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 … Continue reading More good news about Peak Oil, on the demand side

Good news about Global Oil Production!

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 … Continue reading Good news about Global Oil Production!