If you want a laugh, I recommend an article which appeared in the March 1998 issue of Scientific American, ‘The End of Cheap Oil’. In it, oil geologists Colin J Campbell and Jean H Laherrere used terribly clever models to tell us that global oil production would peak around 2004-05, after which we would be trying to rely on an ever-dwindling, ever more expensive supply of oil, with huge consequences for the global economy.
- Unlimited access to spectator.com.au and app
- The weekly edition on the Spectator Australia app
- Spectator podcasts and newsletters
- Full access to spectator.co.uk