Mmastodon LifeAutos first seen 2 d ago, last 2 d ago, peak #1
Peak oil debate returns as fracking's cushion wears thin
Original: Peak Oil didn't go away. We kicked the can down the road a bit with fracking, but the can's back & there's nowhere else
Commenters are reviving the peak oil argument, claiming the US fracking boom merely delayed the decline of cheap oil rather than solving it. One widely shared post argues there is no way to keep gasoline affordable as reserves dwindle, citing a chart of Chevron's supplies. The claim is that the industry now has nowhere left to postpone the crunch.
Why now: Concerns over oil supply and fuel prices have made peak oil arguments newly relevant.
Rank over time, top of the chart is #1. 15 snapshots from 2 d ago to 2 d ago.
Evidence
- Peak Oil didn't go away. We kicked the can down the road a bit with fracking, but the can's back & there's nowhere else to kick it. There is no force on earth that will keep gasoline affordable. This chart below is *just Chevron.* All the other oil companies have equally… · MissGayle@urbanists.social · 3
API: https://socialmediatrends-api.osmike.com/v1/trends/5565979