The Importance of Peak Oil: An Open Letter to BP and The Economist.
R. W. Bentley
This ‘open letter’ is based on an e-mail sent in December 2016 to the oil company BP and to The Economist newspaper. The purpose was to raise the understanding within these organisations of past and future ‘peak oil’ dates, to help clarify the significance of peak oil.
For perhaps twenty years I had been in communication with both organisations about this topic, but with little traction. This was in part perhaps because my communications were rather long and technical; and more recently perhaps because ‘peak oil’ is no longer seen as likely from the supply side; the concept being apparently holed below the waterline by the rise of shale oil production in the U.S.
It therefore occurred to me that a short questionnaire asking when specific countries would see their resource-limited peaks in oil production might be a more effective way to get the ideas across; in particular if giving examples of countries with large populations, high oil revenue dependencies, and relatively near-term dates of peak. This questionnaire is given in this paper
Bentley, R. W. (2017) The Importance of Peak Oil: An Open Letter to BP and The Economist. The Oil Age 3 (3) 27-36
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