28 Feb '16, 12am

#peakoil No sign of Peak Oil: Nor, for that matter, of peak coal or gas. Fossil fuels, said to be on the path

Nor, for that matter, of peak coal or gas. Fossil fuels, said to be on the path for an effective demise in the rich world later this century, will actually continue to fulfil the major part of our energy needs for the foreseeable future. So says the latest BP Energy Outlook . Gone is ‘Beyond Petroleum’, back comes making the most of what they do best, albeit in straightened times given the stubbornly low oil price. To be fair to BP, this has been their consistent story even through the period of what is often described as greenwashing. Since they know the business better than anyone and are broadly in line with the IEA and other key players, there is every reason to suppose their view is credible and realistic.

Full article: http://peakoil.com/geology/no-sign-of-peak-oil

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