Too Much Oil for Peak Oil? Oversupply & OPEC cuts

Peak Oil seems to have faded for the moment, and presently we even have somewhat of an oversupply issue in the global oil market. But what’s really going on?

We’ll take a look at everything oil in this podcast episode, from the Permian to the OPEC cuts, conventional peak oil 2006 to the coming future peak. Oil prices will be brought up, along with all petroleum’s uses as usual.

Oil & Gas Journal Article mentioned in video — http://www.ogj.com/articles/2017/10/rystad-global-output-declines-from-mature-oil-fields-accelerating.html

Backdrop footage : Fate of the World

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