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Page added on November 19, 2016
The discussion of peak oil has moved to a discussion of peak demand
In Focus magazine, World Energy Council Secretary General Christoph Frei describes the backdrop in which the energy sector is preparing for the new energy realities, for the Grand Transition. According to Frei, the “Discussion of peak oil has moved to a discussion of peak demand” (also see the latest World Energy Scenarios report launched at the 2016 Congress). The fear of stranded private sector assets is shifting to a fear of stranded country-owned fossil resources”.
Discussions around innovative business models, the energy world in the future and innovation where central to the past 23rd World Energy Congress in Istanbul. More information about discussions at the Congress and its highlights are available here, including the programme (677.04 kB).
Read the full interview in the November edition of World Energy Focus, available for download on www.worldenergyfocus.org – for free.
9 Comments on "The discussion of peak oil has moved to a discussion of peak demand"
rockman on Sat, 19th Nov 2016 2:06 pm
“The discussion of peak oil has moved to a discussion of peak demand”. Only for those novices that don’t understand that that “demand” is a function of pricing and not directly by supply. Global oil “demand” has climbed to a record high level because of the decrease in price. And not because there has been a sudden surge in the health of the global economy.
Boat on Sat, 19th Nov 2016 2:39 pm
Or you could say the oil community is lousy at controlling overproduction creating a 3 Mbpd glut and then produced even more after prices collapsed. Dumb shuts come to mind. Lol I do enjoy the now $1.85 gas on my last fill up. Keep up the mismanagement please.
Apneaman on Sat, 19th Nov 2016 4:29 pm
Boat, it looks like plenty of folks in your town need gas to go even lower.
It Gets Ugly in Houston
Auto Sales, Construction Get Totally Crushed.
http://wolfstreet.com/2016/11/18/vehicle-sales-construction-sector-get-crushed-in-houston/
Apneaman on Sat, 19th Nov 2016 4:59 pm
Boat, you can use your cancer savings to buy one of those EV’s and drive it to the Black Friday sale and load up on that technology you so adore.
Exposed: Child labour behind smart phone and electric car batteries
“Major electronics brands, including Apple, Samsung and Sony, are failing to do basic checks to ensure that cobalt mined by child labourers has not been used in their products, said Amnesty International and Afrewatch in a report published today.”
“….traces the sale of cobalt, used in lithium-ion batteries, from mines where children as young as seven and adults work in perilous conditions.”
https://www.amnesty.org/en/latest/news/2016/01/child-labour-behind-smart-phone-and-electric-car-batteries/
GregT on Sat, 19th Nov 2016 8:30 pm
“Or you could say the oil community is lousy at controlling overproduction creating a 3 Mbpd glut and then produced even more after prices collapsed.”
Given your track record of unending mindless stupidity Boat, it isn’t the least bit surprising that you can’t remember what the price of oil was for the first 5 decades of your life. When there was no ‘Oil Glut™’.
Truth Has A Liberal Bias on Sat, 19th Nov 2016 10:52 pm
Hey boat what’s the square root of 9 you stupid fuck? How many decades does a billion barrels of oil last at 30 billion barrels a year? Fuuuuuuuuuck what a retard!!
Boat on Sun, 20th Nov 2016 3:55 am
Truth,
How is that collaspe working for ya. Still in the wait for it stage? Nostrodomus your not.
Sissyfuss on Sun, 20th Nov 2016 9:36 am
You’re, Boat, not your. C’mon, you’ll have people thinking you’re not too bright.
Boat on Sun, 20th Nov 2016 9:59 am
Fuss allot,
As if one worries. Lol