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February 5, 2013

Spreading a Global Energy Revolution

Christof Ruhl, New York Times


EC

Only two or three years ago, consensus was building among pundits that we had reached peak oil, that the fossil fuel industry was in its dotage and that the world would suffer repeated energy price shocks in the transition to a post-fossil fuel economy. Many people in the oil industry were skeptical of this dire prognosis, and the extraordinary recent expansion of unconventional gas and oil production in North America proved the optimists to be correct. . .

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TAGGED: peak oil, global energy consumption, global energy market, global oil market, oil, BP Global, New York Times

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