Many in this "peak demand" camp believe that the growth of electric vehicles will soon make oil obsolete.
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Fossil Fuel - Apr 24, 2018
Oil demand will remain strong to around 2040 and plateau rather than peak, Gilvary said. “We will continue to pursue world projects. But we will do that in a way to make sure we start to reduce emissions in our own business.”
Coal Dead? Peak Oil Demand? Five Takes on Fossil Fuels' Future
For all the buzz around wind, solar and electric cars, energy company executives had plenty to say Tuesday about the continuing role of fossil fuels and nuclear power at the Bloomberg New Energy Finance Future of Energy Summit.
Fossil Fuel - Jan 25, 2018
Nevertheless, the implications of a looming peak in oil consumption are massive. Without an economic transformation, or at least serious diversification, oil-producing nations that depend on oil revenues for both economic growth and to finance public spending, face an uncertain future.
Peak Oil Demand Is A Slow-Motion Train Wreck
Peak oil demand has been a hot issue in the energy industry for years, but a recent report suggests that much of the debate around peak oil demand is missing the point
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