The Wall Street Journal re-examines the doomsday scenarios of Peak Oil now that fracking has pushed oil production to record levels.
A surprising thing happened on the way to peak oil, according to Russell Gold: "U.S. oil production did peak in the 1970s and sank for decades after, exactly as the theory predicted. But then it did something the theory didn't predict: It started rising again in 2009, and hasn't stopped, thanks to a leap forward in oil-field technology."
Gold cites "a growing tide of oil-industry experts" who think that "[we're] limited not by the amount of oil in the ground, but by how inventive we are about reaching new sources of fuel and how much we're willing to pay to get at it."
Gold goes on to detail the history of the concept of peak oil, which originated with M. King Hubbert, a geologist with Shell Oil, and to forecast the future, which includes the possibility of a post-oil market that never reaches peak oil.
FULL STORY: Why Peak-Oil Predictions Haven't Come True
Peak Oil? 'Far Too Much' Oil to Prevent Severe Climate Change
Confirming an earlier Dept. of Energy report, the International Energy Agency's World Energy Outlook indicates not only that U.S. oil production will surpass Saudi Arabia's by 2020, but that it will be a net exporter by 2030 - thanks to fracking.
West Texas Drilling Boom Bodes Ill for Residents, the Planet
Driven by foreign demand, a surge in West Texas oil production is having adverse effects on the local populace, and contributes to climate change at a crucial moment.
Fracking Opponents Charge Gov. Jerry Brown with Environmental Hypocrisy
The California governor, known for his outspoken climate advocacy, signed the nation's toughest fracking regulation bill in 2013. His response to those who want to ban fracking is that priority must be on reducing oil consumption.
Maui's Vacation Rental Debate Turns Ugly
Verbal attacks, misinformation campaigns and fistfights plague a high-stakes debate to convert thousands of vacation rentals into long-term housing.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
In Urban Planning, AI Prompting Could be the New Design Thinking
Creativity has long been key to great urban design. What if we see AI as our new creative partner?
King County Supportive Housing Program Offers Hope for Unhoused Residents
The county is taking a ‘Housing First’ approach that prioritizes getting people into housing, then offering wraparound supportive services.
Researchers Use AI to Get Clearer Picture of US Housing
Analysts are using artificial intelligence to supercharge their research by allowing them to comb through data faster. Though these AI tools can be error prone, they save time and housing researchers are optimistic about the future.
Making Shared Micromobility More Inclusive
Cities and shared mobility system operators can do more to include people with disabilities in planning and operations, per a new report.
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