Daniel Yergin, author of “The Prize” and “The Quest,” discusses the fear of “peak oil” in this article in the Wall Street Journal.
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Since the beginning of the 21st century, a fear has come to pervade the prospects for oil, fueling anxieties about the stability of global energy supplies. It has been stoked by rising prices and growing demand, especially as the people of China and other emerging economies have taken to the road.
This specter goes by the name of “peak oil.”
