Sentence examples for oil theory from inspiring English sources

Adherents of the "peak oil" theory warn of a permanent oil shortage.

Many of the new, nontraditional preparedness converts are "Peakniks," Mr. Rawles said, referring to adherents of the "Peak Oil" theory.

The surge in U.S. production represents a remarkable turnaround, which proponents of the "peak oil" theory, who believe that oil stocks are rapidly running out, greatly underestimated.

Peak oil theory will not die just because BP has made a discovery in the Gulf of Mexico, even a "giant" one.

Unlike M. King Hubbert, the founding father of the peak oil theory, Mr. Simmons was a financier and not a geologist.

In turn, many proponents of "peak oil" theory, the idea that the global rate of oil production has entered a terminal decline, have insisted that the cable confirms their view on resource scarcity.

But many energy experts say these "peak oil" theories are misplaced.

9. Iraqi government fuels 'war for oil' theories by putting reserves up for biggest ever sale The politics of oil came into focus with the Iraqi government's controversial move to auction 40bn barrels of oil - the biggest ever sale of oil assets.

Peak oil theories, so common a few years ago, were relegated to the back burner as gas and oil were discovered in US shale deposits, the Artic thawed, exposing the possibility of off-polar shore wells and much of northern Alberta was transformed into bitumen mines.

It is perhaps telling that futures prices have climbed even more quickly than the spot market, underlining the very real fears of peak oil". If the peak oil theories are right, the market frenzy seen this week is likely to return even if prices drop back temporarily when the bubble bursts.

His "peak oil" theory--which many people are citing these days--is a case study in junk economics.