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CHARBONNEAU – Someone should let Jason Kenney know the oil peak has arrived

Alberta Premier Jason Kenney.

ALBERTA PREMIER JASON KENNEY still dreams that his one-trick scheme of pumping oil out of the ground will save Alberta. Not so, says the energy giant BP.

BP predicts that it’s all downhill from here for the fossil fuel industry –we have reached peak oil production.

Sure, there will be some rebound in global economic activity once the COVID-19 pandemic is over but a number of “scarring effects,” such as work-from-home, will reduce oil demand.

That doesn’t mean that energy demand will decrease. The rise of the middle class in Asia will drive energy production up but the shift will be to renewable sources.

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David Charbonneau is a retired TRU electronics instructor who hosts a blog at http://www.eyeviewkamloops.wordpress.com.

About Mel Rothenburger (7772 Articles)
ArmchairMayor.ca is a forum about Kamloops and the world. It has more than one million views. Mel Rothenburger is the former Editor of The Daily News in Kamloops, B.C. (retiring in 2012), and past mayor of Kamloops (1999-2005). At ArmchairMayor.ca he is the publisher, editor, news editor, city editor, reporter, webmaster, and just about anything else you can think of. He is grateful for the contributions of several local columnists. This blog doesn't require a subscription but gratefully accepts donations to help defray costs.

1 Comment on CHARBONNEAU – Someone should let Jason Kenney know the oil peak has arrived

  1. Bill Hadgkiss // September 26, 2020 at 4:59 PM // Reply

    The book “Stupid to the Last Drop” by William Marsden in 2008 explains the Alberta oil situation very well. The last loaded tanker out of Westridge terminal was to New Brunswick, 3 (three) months ago. TMX, still a bad idea.

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