[go: up one dir, main page]
IDEAS home Printed from https://ideas.repec.org/a/eee/enepol/v64y2014icp93-101.html
   My bibliography  Save this article

The end of Peak Oil? Why this topic is still relevant despite recent denials

Author

Listed:
  • Chapman, Ian
Abstract
Up until recently Peak Oil was a major discussion point crossing from academic research into mainstream journalism, yet it now attracts far less interest. This paper evaluates the reasons for this and on-going relevance of Peak Oil, considering variations in predictive dates for the phenomenon supported by technological, economic and political issues. Using data from agencies, the validity of each position is assessed looking at reserves, industrial developments and alternative fuels. The complicating issue of demand is also considered.

Suggested Citation

  • Chapman, Ian, 2014. "The end of Peak Oil? Why this topic is still relevant despite recent denials," Energy Policy, Elsevier, vol. 64(C), pages 93-101.
    • Handle: RePEc:eee:enepol:v:64:y:2014:i:c:p:93-101
    DOI: 10.1016/j.enpol.2013.05.010
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S030142151300342X
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.enpol.2013.05.010?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Bardi, Ugo, 2009. "Peak oil: The four stages of a new idea," Energy, Elsevier, vol. 34(3), pages 323-326.
    2. Balaban, Oded & Tsatskin, Alexander, 2010. "The paradox of oil reserve forecasts: The political implications of predicting oil reserves and oil consumption," Energy Policy, Elsevier, vol. 38(3), pages 1340-1344, March.
    3. Robert B. Barsky & Lutz Kilian, 2004. "Oil and the Macroeconomy Since the 1970s," Journal of Economic Perspectives, American Economic Association, vol. 18(4), pages 115-134, Fall.
    4. Meng, Q.Y. & Bentley, R.W., 2008. "Global oil peaking: Responding to the case for ‘abundant supplies of oil’," Energy, Elsevier, vol. 33(8), pages 1179-1184.
    5. Benes, Jaromir & Chauvet, Marcelle & Kamenik, Ondra & Kumhof, Michael & Laxton, Douglas & Mursula, Susanna & Selody, Jack, 2015. "The future of oil: Geology versus technology," International Journal of Forecasting, Elsevier, vol. 31(1), pages 207-221.
    6. Höök, Mikael & Hirsch, Robert & Aleklett, Kjell, 2009. "Giant oil field decline rates and their influence on world oil production," Energy Policy, Elsevier, vol. 37(6), pages 2262-2272, June.
    7. Maggio, G. & Cacciola, G., 2009. "A variant of the Hubbert curve for world oil production forecasts," Energy Policy, Elsevier, vol. 37(11), pages 4761-4770, November.
    8. Laurel Graef, 2009. "The peak oil debate," Economic Review, Federal Reserve Bank of Atlanta, vol. 94(2), pages 1-14.
    9. de Almeida, Pedro & Silva, Pedro D., 2009. "The peak of oil production--Timings and market recognition," Energy Policy, Elsevier, vol. 37(4), pages 1267-1276, April.
    10. Adrian Atkinson, 2010. "Where do we stand? Progress in acknowledging and confronting climate change and 'peak oil’," City, Taylor & Francis Journals, vol. 14(3), pages 314-322, June.
    11. DuMoulin, Hans & Eyre, John, 1979. "Energy scenarios a learning process," Energy Economics, Elsevier, vol. 1(2), pages 76-86, April.
    12. Demirbas, Ayhan, 2009. "Political, economic and environmental impacts of biofuels: A review," Applied Energy, Elsevier, vol. 86(Supplemen), pages 108-117, November.
    13. Owen, Nick A. & Inderwildi, Oliver R. & King, David A., 2010. "The status of conventional world oil reserves--Hype or cause for concern?," Energy Policy, Elsevier, vol. 38(8), pages 4743-4749, August.
    14. Bentley, R.W. & Mannan, S.A. & Wheeler, S.J., 2007. "Assessing the date of the global oil peak: The need to use 2P reserves," Energy Policy, Elsevier, vol. 35(12), pages 6364-6382, December.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Chavez-Rodriguez, Mauro F. & Szklo, Alexandre & de Lucena, Andre Frossard Pereira, 2015. "Analysis of past and future oil production in Peru under a Hubbert approach," Energy Policy, Elsevier, vol. 77(C), pages 140-151.
    2. Delannoy, Louis & Longaretti, Pierre-Yves & Murphy, David J. & Prados, Emmanuel, 2021. "Peak oil and the low-carbon energy transition: A net-energy perspective," Applied Energy, Elsevier, vol. 304(C).
    3. Fantazzini, Dean & Höök, Mikael & Angelantoni, André, 2011. "Global oil risks in the early 21st century," Energy Policy, Elsevier, vol. 39(12), pages 7865-7873.
    4. Harvey, L.D.D., 2013. "Global climate-oriented transportation scenarios," Energy Policy, Elsevier, vol. 54(C), pages 87-103.
    5. Warrilow, David, 2015. "A bumpy road to the top: Statistically defining a peak in oil production," Energy Policy, Elsevier, vol. 82(C), pages 81-84.
    6. Verbruggen, Aviel & Al Marchohi, Mohamed, 2010. "Views on peak oil and its relation to climate change policy," Energy Policy, Elsevier, vol. 38(10), pages 5572-5581, October.
    7. van Moerkerk, Mike & Crijns-Graus, Wina, 2016. "A comparison of oil supply risks in EU, US, Japan, China and India under different climate scenarios," Energy Policy, Elsevier, vol. 88(C), pages 148-158.
    8. Antonio García-Amate & Alicia Ramírez-Orellana & Mª José Muñoz-Torrecillas, 2018. "Economic Consequences Of Peak Oil For The Major Multinational Oil And Gas Companies," Eurasian Journal of Business and Management, Eurasian Publications, vol. 6(1), pages 23-41.
    9. Scholtens, Bert & Wagenaar, Robert, 2011. "Revisions of international firms’ energy reserves and the reaction of the stock market," Energy, Elsevier, vol. 36(5), pages 3541-3546.
    10. Sena, Marcelo Fonseca Monteiro de & Rosa, Luiz Pinguelli & Szklo, Alexandre, 2013. "Will Venezuelan extra-heavy oil be a significant source of petroleum in the next decades?," Energy Policy, Elsevier, vol. 61(C), pages 51-59.
    11. Berk, Istemi & Ediger, Volkan Ş., 2016. "Forecasting the coal production: Hubbert curve application on Turkey's lignite fields," Resources Policy, Elsevier, vol. 50(C), pages 193-203.
    12. Russo, D. & Dassisti, M. & Lawlor, V. & Olabi, A.G., 2012. "State of the art of biofuels from pure plant oil," Renewable and Sustainable Energy Reviews, Elsevier, vol. 16(6), pages 4056-4070.
    13. Islam, M.R. & Saidur, R. & Rahim, N.A., 2011. "Assessment of wind energy potentiality at Kudat and Labuan, Malaysia using Weibull distribution function," Energy, Elsevier, vol. 36(2), pages 985-992.
    14. Chauhan, Bhupendra Singh & Kumar, Naveen & Pal, Shyam Sunder & Du Jun, Yong, 2011. "Experimental studies on fumigation of ethanol in a small capacity Diesel engine," Energy, Elsevier, vol. 36(2), pages 1030-1038.
    15. Sorrell, Steve & Speirs, Jamie & Bentley, Roger & Brandt, Adam & Miller, Richard, 2010. "Global oil depletion: A review of the evidence," Energy Policy, Elsevier, vol. 38(9), pages 5290-5295, September.
    16. Albadi, M.H. & El-Saadany, E.F., 2010. "Optimum turbine-site matching," Energy, Elsevier, vol. 35(9), pages 3593-3602.
    17. Dahl, Roy Endré & Lorentzen, Sindre & Oglend, Atle & Osmundsen, Petter, 2017. "Pro-cyclical petroleum investments and cost overruns in Norway," Energy Policy, Elsevier, vol. 100(C), pages 68-78.
    18. Sanjid, A. & Masjuki, H.H. & Kalam, M.A. & Rahman, S.M. Ashrafur & Abedin, M.J. & Palash, S.M., 2013. "Impact of palm, mustard, waste cooking oil and Calophyllum inophyllum biofuels on performance and emission of CI engine," Renewable and Sustainable Energy Reviews, Elsevier, vol. 27(C), pages 664-682.
    19. Hunt, Julian David & Nascimento, Andreas & Nascimento, Nazem & Vieira, Lara Werncke & Romero, Oldrich Joel, 2022. "Possible pathways for oil and gas companies in a sustainable future: From the perspective of a hydrogen economy," Renewable and Sustainable Energy Reviews, Elsevier, vol. 160(C).
    20. Patrick Criqui & Silvana Mima, 2012. "European climate -- energy security nexus: A model based scenario analysis," Post-Print halshs-00661043, HAL.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:enepol:v:64:y:2014:i:c:p:93-101. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/enpol .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.