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Home » CurrentEvents

Was January 2020 Peak Oil? May 12, 2020 8:49 pm podrock

A peak in oil production has long been predicted, always delayed. With oil futures in the red, will we ever use as much petroleum as we did before The Vid? The producers are taking a big hit. Russia and SA got into a production fight just as demand crashed. Wells are being capped. Always risky, especially in shale. Producers going under. Renewables are ascendant.

  • According to Worldometer, 43 years to "end of oil. n/t by RobVG 2020-05-13 10:08:08
    • If we don't end oil long before then, then i doubt civilization will make it to 2063... by RL 2020-05-13 14:03:06
    • Its starting to look like 2020 was the inflection point in a lot of parameters. by hank 2020-05-13 06:12:05

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