Is Peak Oil Demand In Sight?

With driving and oil consumption declining across many developed countries due to long-term structural shifts, Nick Butler sees reason to believe the world will soon reach peak oil demand.

1 minute read

December 16, 2013, 8:00 AM PST

By Jonathan Nettler @nettsj


Economists and energy industry observers have long warned of the consequences of peak oil production based on limited supply. But according to Butler, declining demand based on structural changes in the U.S., Europe, and Japan - and the unlikelihood that China and India will fill the gap - will result in the world hitting peak oil consumption this decade.  

"When I wrote a few months ago that I thought global oil consumption would peak before 2020 at a level below 100 mbd several readers suggested, with different degrees of politeness that I was off my head. Maybe, but I will stick to my prediction."

"As the detailed evidence is beginning to show the period of inexorable oil demand growth is coming to an end."

Sunday, December 15, 2013 in The Financial Times

Aerial view of homes on green hillsides in Daly City, California.

Depopulation Patterns Get Weird

A recent ranking of “declining” cities heavily features some of the most expensive cities in the country — including New York City and a half-dozen in the San Francisco Bay Area.

April 10, 2024 - California Planning & Development Report

Close-up of maroon California 'Clean Air Vehicle' carpool lane access sticker on the back bumper of a silver Tesla vehicle.

California EV Owners To Lose Carpool Lane Privilege

A program that began in 1999 to encourage more electric car ownership is set to expire next year without Congressional and state action.

April 2, 2024 - San Francisco Chronicle

Aerial view of Oakland, California with bay in background

California Exodus: Population Drops Below 39 Million

Never mind the 40 million that demographers predicted the Golden State would reach by 2018. The state's population dipped below 39 million to 38.965 million last July, according to Census data released in March, the lowest since 2015.

April 11, 2024 - Los Angeles Times

Google street view of grassy lot next to brick church with elevated freeway on other side in Houston, Texas.

Houston Supportive Housing Development Sparks Debate

Critics say a proposed apartment building would negatively impact the neighborhood’s walkability.

April 12 - Houston Chronicle

Closed black wrought iron gate in front of gated residential community with large palm trees along sides of street.

Friday Funny: Gated Community Doubles Down

The Onion skewers suburbia.

April 12 - The Onion

Aerial view of Chicago with river in foreground.

‘Cut the Tape’ Report Takes Aim at Inefficiencies

A set of recommendations from the Chicago mayor’s office calls for streamlining city processes to stimulate more residential and commercial development.

April 12 - Block Club Chicago

News from HUD User

HUD's Office of Policy Development and Research

Call for Speakers

Mpact Transit + Community

New Updates on PD&R Edge

HUD's Office of Policy Development and Research

Urban Design for Planners 1: Software Tools

This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.

Planning for Universal Design

Learn the tools for implementing Universal Design in planning regulations.