The peak oil hypothesis dominated economic thinking for decades. But it turned out that with fracking, deep-water drilling, and oil sands, there’s a lot more oil than we once thought.

Peak oil and peak oil demand are distinct phenomena with different implications for our society and economy, and understanding these concepts is crucial for preparing ourselves for a sustainable ...

In 1956, M. King Hubbert, a US geoscientist working for fossil fuel giant Shell, projected — based on statistical modeling of known oil reserves at the time — that global crude oil production ...

The International Energy Agency thinks peak oil use is in sight this decade as the world switches to renewables. What is driving this shift – and what is still standing in the way?

At its worst, peak oil could lead to massive public unrest, geopolitical upheaval, and the unraveling of the fabric of the global economy." Balfour & Associates.

The US EIA does not explicitly focus on “peak oil” in its public reports, but that’s not the case with the IEA and OPEC. Both entities have divergent views on oil demand for 2024 and 2025.

The debate now centers not on if but when peak demand arrives. By at least one oil company's reckoning, it may already be upon us, but in any event, the era of declining oil consumption is in ...

The S&P Global Oil index, which tracks 120 leading international oil producers, is no higher now than it was in 2015. With the exception of a sharp dip during the Covid pandemic, it has flatlined ...

Global oil demand is projected to peak in the next few years even as some major energy companies announce plans to reinvigorate their fossil fuel businesses.. The world’s appetite for oil is ...

Peak Oil Is Near, Energy Agency Says, but Climate Change Is Far From Solved. Despite the rapid growth of electric vehicles and solar power, other efforts to tackle warming are lagging, ...