The end of oil and gas has been predicted on a regular basis since 1885, yet today we use more of both than ever before and no end is in sight in the data available. Figure 1 shows worldwide energy consumption by fuel since 1965 and projected to 2035 by BP in billion tonnes of oil equivalent, it shows substantial growth in both oil and gas. Figure 1 shows 35% growth in oil consumption from 1990 to 2015 and projects 14% growth from 2015 to 2035. Similarly, natural gas grew 77% from 1990 to 2015 and is expected to grow 37% from 2015 to 2035. The projections of ExxonMobil, the IEA and the EIA are similar. So, how do we make sense of the recent claims that we have reached peak oil or are about to? Ian Chapman, in a 2013 paper in Energy Policy conveniently lists recent ‚Äúpeak […]