“The End of Cheap Oil,” by Campbell and Laherrere – compared to – “Risks of the Oil Transition,” by Farrel and Brandt

“The End of Cheap Oil,” by Campbell and Laherrere

• diminishing oil supplies will lead to severe economic and geopolitical consequences by 2010

This article, written in 1998, brings the reader’s attention to the supply of global conventional crude oil and predicts that by 2010 the demand will begin to outpace supply leading to severe [...]