The world's energy abundance

10/28/2013
How soon might the world resume its concern about "peak oil?" The rise of hydrocarbon gas and liquids production from shales has been phenomenal in the US, and Canada also has seen rapid growth. Remaining potential appears vast in North America and in the rest of the world, incalculable, to some. The World Energy Council, in a report released earlier this month, foresees energy aplenty. The council stated, "There is a greater abundance of energy resources in the world today than at any other time, and, if properly managed, the reserves are sufficient to meet even a significant upturn in demand for decades to come." The pragmatic among us should keep a watchful eye on g...
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