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Page added on April 17, 2013

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‘Peak oil’ fades, ‘fracking’ trends higher on Google searches

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Has peak oil peaked? Judging from the number of Google searches, it looks that way. On the other hand, the history of Google searches for terms related to hydraulic fracturing, or “fracking,” is on an upswing, although it ticked lower recently.

Viewing the search history of “peak oil” over time revealed that the last time it was a really popular search in the U.S. was around 2005. Fracking lies low until 2010, then it pops.

“Peak oil” is a term to describe global oil production hitting a peak and then fading, or the rate that oil can be extracted. Detractors say that the backers of the “peak oil” theory did not take into consideration technology advancement reviving oil producing areas or opening up new plays; “peak oil” theorists say the expression relates more to the extraction rate, and that demand will inevitably one day exceed supply, leading to higher oil prices and shortages.

Australia shared with the U.S. the top places where people searched for “peak oil.”

Later on, the two countries were joined by South Africa as the top places where residents searched for “fracking.”

Marketwatch



One Comment on "‘Peak oil’ fades, ‘fracking’ trends higher on Google searches"

  1. BillT on Thu, 18th Apr 2013 1:04 am 

    I guess if there was a surge in interest in hell, that would mean we all want to go there for our vacation? Google is already into too much of our lives and think they know what is going on by the interest in one topic or another. Perhaps fraking is googled because people want to see how dangerous it really is? And to be knowledgeable when they fight it in their own country?

    We passed peak oil and fraking is a temporary phenomena being fought more and more around the world as it should be.

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