peak oil
Maximum petroleum output
Peak oil is the theoretical point at which global petroleum production reaches its maximum rate, after which extraction permanently declines.
The concept emerged from observations that individual oil fields follow a bell curve of output.
Analysts have debated peak oil since the 1970s.
The term appears in energy policy discussions about transitioning away from fossil fuels.
Resources held back
- drillingHole-making by rotation
- extractionAct of removing
- offshoreAway from land
- reservoirLarge water storage basin
pumpjack · derrick · upstream · downstream · refinery · hydrocarbons · seismic · barrel
Self-replenishing natural power
- solarOf the star
- windAir current outdoors
- electrificationConversion to powered systems
- decarbonizationEliminating fossil fuel emissions
energy transition · alternative fuels · sustainability · conservation · efficiency · green energy · biofuels · hydrogen
Deficient supply of necessities
- rationingLimiting distribution during scarcity
- blackoutComplete power loss
- energy crisisSevere fuel supply disruption
- disruptionForceful interruption of process
dependency · instability · hoarding · emergency · panic · supply crunch · recession · stagflation
Petroleum exporters' coalition
- petrodollarRevenue from crude exports
- supply shockSudden change in production capacity
- futuresContracts for future delivery
- BrentLondon borough name
commodities · price volatility · speculation · investment · energy security · strategic reserve · cartel · pricing power
Depletable materials with limits
- resource scarcityInsufficient supply of necessities
- prediction modelSystem estimating future outcomes
- inflection pointWhere curvature changes sign
reserves
Resources held back
- drillingHole-making by rotation
- extractionAct of removing
- offshoreAway from land
reservoir · pumpjack · derrick · upstream · downstream · refinery · hydrocarbons · seismic · barrel · tar sands
renewable energy
Self-replenishing natural power
- solarOf the star
- windAir current outdoors
- electrificationConversion to powered systems
decarbonization · energy transition · alternative fuels · sustainability · conservation · efficiency · green energy · biofuels · hydrogen · electric vehicles
shortage
Deficient supply of necessities
- rationingLimiting distribution during scarcity
- blackoutComplete power loss
- energy crisisSevere fuel supply disruption
disruption · dependency · instability · hoarding · emergency · panic · supply crunch · recession · stagflation · 1970s
OPEC
Petroleum exporters' coalition
- petrodollarRevenue from crude exports
- supply shockSudden change in production capacity
- futuresContracts for future delivery
Brent · commodities · price volatility · speculation · investment · energy security · strategic reserve · cartel · pricing power
finite resources
Depletable materials with limits
- resource scarcityInsufficient supply of necessities
- prediction modelSystem estimating future outcomes
- inflection pointWhere curvature changes sign
- Oil Marketspetroleum, OPEC, crude, spot price, refinery
- Energy Crisisgas shortage, fuel crisis, power outage, rolling blackout, energy rationing
- Energy historysteam age, nuclear age, wind power, fossil fuels, kerosene lamps
- Oil PoliticsOPEC, petrodollars, petrodollar, energy security, drilling rights
- energy policyenergy policy, energy bills, energy independence, energy security, energy efficiency
- Science Debatesclimate change, global warming, evolution debate, vaccine safety, creationism
peak oilsustainable energy
Inexhaustible, eco-friendly power sources
infinite energy · fusion power · electrification · decarbonization · energy independence
peak oilfracking boom
oil, peak, oiled, peaked, oils, peaks, oiling, peaking, oiliness