Running After Empty
Some experts believe oil producers are many years away from maximizing output. But Sam Shelton said that even if the peak is not in the immediate future, the outcome is inevitable and action should be taken sooner rather than later.
âThe only debatable point is when it will occur, but we must realize it takes at least 20 years to completely change our energy system's infrastructure,â he said. âEven the optimists predict peaking within this 20 years, which means we are already late in starting to adjust.â