updated Wed. August 21, 2024
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Platts
February 19, 2018
In the WOO 2017, published last November, there is no peak oil demand in the forecast period to 2040. Moreover, oil will remain the main fuel in the transportation sector, although we do recognize that EVs and other alternative transport means will contribute to a deceleration in oil demand growth,ÃÂ ...
New York Times
February 8, 2018
Nearly a century later, in July 2010, The Guardian ran a story with an ominous headline: “Lloyd's adds its voice to dire 'peak oil' warnings.” Citing a report by the storied London insurer, the newspaper warned that businesses were “underestimating catastrophic consequences of declining oil,” including oil atÃÂ ...
OilPrice.com
February 8, 2018
ExxonMobil was forced to finally acknowledge the possibility that future climate change policy could lead to peak oil demand, a serious threat to the company's operations over the long-term. In response to a shareholder resolution passed last year, the oil major just released a report that recognizes theÃÂ ...
Reason (blog)
February 8, 2018
Only a decade ago, the world was in the grip of one of its periodic "peak oil" panics. Dire predictions everywhere announced that humanity was on the cusp of a disastrous and accelerating decline in oil production. One prominent analyst declared in 2009 that global oil production had peaked at 82 millionÃÂ ...
Treehugger
February 1, 2018
Peak oil used to be about running out of supply; now some think that we will run out of demand. The oil companies will ensure that we never run out of demand. Remember Peak Oil? It was all over TreeHugger, the idea that the easy oil was going to start running out and it would get more and moreÃÂ ...
gulfnews.com
January 28, 2018
Divestment in the oil industry is not only inspired by environmental policies, but by a perceived uncertain future for oil demand. In the last two years, analysts have pushed forward the prospect of Peak Oil Demand (POD), a scenario scary to oil producers and investors, at least at first look. But POD is said toÃÂ ...
Natural Resources Defense Council
January 26, 2018
But more recently, with oil production breaking records in both the United States and abroad, they've begun talking about a new kind of peak: oil demand. In this very different type of forecast, oil production doesn't necessarily begin to decline at a particular point. But our need for it does. And it's not just aÃÂ ...
Grist
January 23, 2018
Back when oil prices were high, people were talking a lot about peak oil supply — the possibility that we'd run out of new sources of crude oil eventually. But now people are talking about peak oil demand — the possibility that we'll just stop using the stuff as we come up with better options. Most recently, analysts from BankÃÂ ...
Nasdaq
January 23, 2018
While various experts and industry players debate if there will be peak oil demand anytime soon, Bank of America Merrill Lynch thinks that it may be just 12 years away—in 2030—when electric vehicles (EVs) will account for 40 percent of all car sales, thus eating at the demand for oil as a transportation fuel.
OilPrice.com
January 22, 2018
While various experts and industry players debate if there will be peak oil demand anytime soon, Bank of America Merrill Lynch thinks that it may be just 12 years away—in 2030—when electric vehicles (EVs) will account for 40 percent of all car sales, thus eating at the demand for oil as a transportation fuel.
The Maritime Executive
January 15, 2018
The point at which oil demand will peak has long been a focus of debate. BP chief economist Spencer Dale and Bassam Fattouh, director of The Oxford Institute for Energy Studies, argue that this focus seems misplaced: Much of the popular debate is centred around when oil demand is likely to peak.
Salon
December 31, 1999
Back when oil prices were high, people were talking a lot about peak oil supply — the possibility that we'd run out of new sources of crude oil eventually. But now people are talking about peak oil demand — the possibility that we'll just stop using the stuff as we come up with better options. Most recentlyÃÂ ...
artnet News
September 6, 2017
Fabrizio Terranova, Donna Haraway: Story Telling for Earthly Survival, 2016 (still) HD video, color, sound, 90 min. Photo: Kjell OveÃÂ ...
OE Digital
September 5, 2017
Energy demand will plateau after 2030, according to a new DNV GL (stand 5B51) model which forecasts the pace and extent of the globalÃÂ ...
OilPrice.com
September 1, 2017
The effects of Hurricane Harvey have sent the energy markets into chaos, with gasoline prices soaring and oil prices slipping. (Click to enlarge).
OilPrice.com
August 28, 2017
Skeptics of peak oil demand point to higher-than-ever demand for gasoline, which has surpassed seasonal demand records in the UnitedÃÂ ...
Seeking Alpha
August 22, 2017
Because peak oil demand theory has become self-evident truth, it is hard to even suggest at this point that the theory might be wrong, evenÃÂ ...
Seeking Alpha
August 21, 2017
Allen Gilmer, Co-Founder and Executive Chairman at DrillingInfo is not a man who minces words, an attribute that has served him well during aÃÂ ...
OilPrice.com
August 19, 2017
UK oil production peaked in 1999. The peak was probably pushed out a couple of years because of the major production interruptionsÃÂ ...
Seeking Alpha
August 18, 2017
Peak oil supply or demand has long been a topic of discussion in commodities. In the past year, we have seen new information and aÃÂ ...
Rigzone
August 17, 2017
The oil industry is quite familiar with the concept of a “Peak Oil Supply” but people find it hard to believe that there is another side of the theory,ÃÂ ...
Seeking Alpha
August 10, 2017
There are greater threats to the outlook for oil than growing OPEC or U.S. shale oil production. Peak demand growth for oil will arrive faster thanÃÂ ...
OilPrice.com
April 15, 2015
Last night the EIA once again capitulated on the myth that rig counts don't matter and the productivity of wells would largely offset, leaving theÃÂ ...
The Livingston Enterprise
March 17, 2017
The theory about dropping oil production in the United States - termed Peak Oil - espoused that we were rapidly depleting oil that could be economically extracted and eventually domestic oil production would start an unstoppable decline.
Economic Times
March 16, 2017
From Cluster-II, a peak oil output of 77,305 barrels per day is envisaged within two years of start of production. Gas output is slated to peak to 16.56 million standard cubic metres per day by end-2021.
ChronicleLive
March 15, 2017
Mark MacLean, senior vice president and UK head, concluded his address by predicting a rise in the oil price, and an increase in the number of offshore projects.
GreenBiz
March 15, 2017
He urged the industry to accept that "peak oil" is imminent. "We have to acknowledge that oil demand will peak, and it could already be in the next decade," he said.
Reason (blog)
March 14, 2017
From a purely physical point of view, there are huge volumes of conventional and unconventional oils still to be developed, with no 'peak-oil' in sight," he argued. Maugeri was right: WTI oil fell below $30 per barrel in early 2016. Last fall, the ...
Loudoun Times-Mirror
March 12, 2017
Just like science solved "peak oil" where we thought our oil production would begin to slow, might science make non-fossil fuels less costly than fossil fuels?
Reykjavík Grapevine
March 10, 2017
Peak oil. Imagine that you are sitting in a pub with a beer in your hands. You sip away at it, and you like it. It feels good, and you smile because you are so pleased that you have this beer.
Odessa American
March 10, 2017
... said, pointing to demand growth in emerging markets and developments like increased exports of liquefied natural gas. The early 1990s, when Perryman did his initial study for the city, were marked by falling production, a weak market and talk of ...
Journal of Petroleum Technology
March 10, 2017
The emergence of electric vehicles (EVs) has been pointed to as a signal that "peak oil demand" could be just around the corner.
Grist
March 10, 2017
If there's anyone still waiting for peak oil to save us from climate change, get over it. People just keep getting better at finding crude.
Oil & Gas 360
March 9, 2017
In the Pikka unit the peak oil production is expected to be 120 MBOPD. The reported probable contingent reserve holding is estimated at 1.4 billion barrels of oil.
Telegraph.co.uk
March 9, 2017
Oil prices have plunged to the lowest level this year as US shale producers boost output at an astonishing pace and crude inventories keep rising, triggering a wave of selling by hedge funds with record speculative positions.
Breakingviews
March 8, 2017
Pessimists worry that the world is running out of cheap crude. Thanks to electric cars and better power technologies, though, it's more likely that oil suppliers will run out of new customers.
Seeking Alpha
March 6, 2017
Joint Post with Neil Mearns who has constructed Global Energy Graphed, which is the source of all the graphs in this post. An oil export model has been developed based on BP Statistical Review 2016 oil production and oil consumption data.
OilPrice.com
March 3, 2017
Gasoline demand in the U.S. is expected to peak next year due to continuous engine efficiency gains, Reuters reports, quoting analysts at energy consultancy Wood Mackenzie.
Forward
March 3, 2017
Conventional wisdom suggests that the world economy is in a slow but steady recovery from the 2008 financial crisis. Some economists, however, including Nafeez Ahmed, author of several books including "A User's Guide to the Crisis of Civilization: AndÃÂ ...
Hybrid Cars News
March 2, 2017
The question of whether peak oil demand will be reached has been a hot topic of debate over the past decade by oil companies, regulators, economists, auto executives, and environmental groups.
Consumerist
March 2, 2017
While the total number of cars on the road will increase in the coming years, experts predict that the United States' oil usage will peak next year.
CleanTechnica
March 1, 2017
When peak oil was a concern, it was thought that a desperate world would pay any price for the last of the oil. But in a surprise turn of events, the real problem has turned out to be "peak demand.
Seeking Alpha
February 28, 2017
Since the low in January of 2016, oil prices have rebounded to a recent price around $54. Investor bullishness was driven by the belief in peak oil theory, the slow transition to electric and hybrid engines, and the use of the commodity oil as an ...
Stuff.co.nz
February 19, 2017
These days, even the CEO of Toyota North America, Jim Lentz, realises that Peak Oil "has been delayed to some indeterminate time" by the ensuing advances in oil exploration and extraction technologies according to recent statements given to that mostÃÂ ...
Odessa American
February 19, 2017
Just ten years ago, the threat of "peak oil," a lack of new discoveries, had majors like Exxon Mobil investing in Canada.
CBC.ca
February 19, 2017
In the past, forecasters had a relatively simple method of estimating whether demand for oil would increase or decrease and by how much.
24/7 Wall St.
February 18, 2017
The commonly used term for this new phenomenon is "peak demand," the obverse of what was called "peak oil" a decade ago.
Financial Tribune
February 17, 2017
"Resource exporters whose finances rely on resource endowments will need to find alternative sources of revenue," the report said of countries that risk total collapse as peak oil demand approaches. From then on, it will be economic freefall for those ...
Fox Business
February 17, 2017
During most of the past decade, Exxon and other giant oil companies spent billions of dollars in Canada as part of a global quest for new sources of supply, as analysts cautioned about "peak oil," or the risk of running out of the resource. Prices ...
Houston Chronicle
February 17, 2017
Is peak oil demand coming faster than expected? By Ryan Maye Handy, Houston Chronicle. February 18, 2017. Charging stations are available for electric vehicles at the U.S.
