The oil industry is driven by booms and busts. Prices rise during periods of global economic strength during which demand outpaces supply. Prices fall when the reverse is true. Meanwhile, oil supply ...

Some recent headlines and quotes from the press: “Peak Oil is Suddenly Upon Us” (Bloomberg 12/1/20); “Even Exxon Mobil is Capitulating to Peak Oil Demand” (Bloomberg 12/1/20); “End Game for Oil? OPEC ...

There is nothing to celebrate in a train accident and oil spill. But the outcome of last week’s derailment of a train carrying volatile crude oil in Whatcom County was a testament to Washington’s ...