Oil Depletion or Depleted Policies
In a recent debate on oil depletion at the Energy Institute, Rob Arnott argued that robust demand was driving current strong oil prices not peak oil. His presentation focused on the ways in which oil is brought to the market and he showed that recent policies and strategies had led to a period of underinvestment in the oil sector which is only now being corrected.
Categories:
Energy Policy , Energy Security , Oil , Oil & Middle East Programme
Tags:
Exploration , Global Oil Demand , Manpower , Mature Provinces , New Legacy Assets , Oil Depletion , Peak Oil Spare Capacity , Supply Crisis