Current Events — HabitableZone

Current Events

Was January 2020 Peak Oil?

A peak in oil production has long been predicted, always delayed. With oil futures in the red, will we ever use as much petroleum as we did before The Vid? The producers are taking a big hit. Russia and SA got into a production fight just as demand crashed. Wells are being capped. Always risky, especially in shale. Producers going under. Renewables are ascendant.

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