A couple of months ago the Denver Post ran an editorial, “The death knell for ‘peak oil.’” The Post editorial stated that at a 2009 conference in Denver, peak oil theorists predicted that spot shortages would “blow up prices, shock economies and destabilize governments”; but now collapsing prices and a world “awash” in oil had refuted these ideas, and “peak oil worries have been laid to rest.” (Jan. 21, 2016).
Oh, really? Let’s take a look. Continue reading “Peak oil: it’s still a thing”