Local Transport Today is the authoritative, independent journal for transport decision makers. Analysis, Comment & News on Transport Policy, Planning, Finance and Delivery since 1989.

Peak oil concerns ‘unfounded’

26 July 2013
 

The boom in shale gas and shale oil production in the US is prompting people to rethink future fossil fuel supplies, according to an analyst. The International Energy Agency’s head of oil markets, Antoine Halff, told the BBC that concerns about an approaching peak in oil production had “moved to the back burner”. “Just a few years ago, everybody thought US production was in permanent decline, that the nation had to face the prospect of continuously rising imports –...

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