10 years ago
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Is There an End to Fossil Fuel Euphoria?
For years, energy analysts had been anticipating an imminent decline in global oil supplies. Suddenly, they're singing a new song: Fossil fuels growing scarce? Don't even think about it! The news couldn't be better: fossil fuels will become ever more abundant. And all that talk about climate change? Don't worry about it, they chant. Go out and enjoy the benefits of cheap and plentiful energy forever.
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Energy analysts have not been "anticipating an imminent decline in global oil supplies." This was the exclusive narrative of environmentalists, another lie to justify their agenda. Professionals in the oil industries have always known of the more than ample supply.