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- Title
Peak Oil Redux: A Structural Transformation of the Energy Economy?
- Authors
SCHOECHLE, TIMOTHY; TURNER, JAMES
- Abstract
The author looks into the peak oil notion as criticized in an editorial which was published in a December 2014 issue of "The Wall Street Journal" (WSJ). Topics discussed include the price drop of Brent crude oil in 2015, implications of the continued levels of crude oil production in Saudi Arabia, and how innovations in hydraulic fracturing can sustain the energy resources, according to WSJ. The economy of energy production and distribution is also mentioned.
- Subjects
HUBBERT peak theory; PETROLEUM industry; HYDRAULIC fracturing; ENERGY industries; POWER resources
- Publication
Solar Today, 2015, Vol 29, Issue 2, p9
- ISSN
1042-0630
- Publication type
Opinion