In Part 3 of my series on Peak Oil in the US, I looked at the impact of electric vehicles on Oil consumption. The EV Sales chart in that post looked like this: In this scenario, I had EV sales of about 170,000 in 2018 growing to over 1 million in 2024. However, I currently…
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In my last two posts on the subject, I looked at the US light duty vehicle fleet and oil consumption followed by projections of oil consumption going forward based on extrapolating the past. This time I’m going to add electric cars to the equation to determine their impact. For this calculation, I’ll assume that a…
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In my previous blog post on peak oil, I looked at historical oil consumption in the US and put that next to the fuel economy of the light duty auto fleet. In the article I did not consider vehicle miles driven and that was a potential source of the slight discrepancy between gasoline supply and…
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I often see discussions, calculations, estimates etc. of when we will reach peak oil. Originally peak oil was related to when we will run out of oil, i.e. when production will not keep up with consumption. Currently, however, it seems that we will reach peak demand first. Estimates for global peak oil demand vary wildly…
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