Analyst Says Peak Oil & Gas Demand is Fantasy, Around for Decades

The left is slowly, begrudgingly, but inevitably coming to the conclusion that so-called peak oil demand--the theory that other forms of energy will replace oil and that oil demand will diminish--is "pure fantasy." Axios, founded by former POLITICO "journalists" and catering to Gen Z lefties with attention deficit disorder from growing up playing video games 24/7, ran a short article quoting research by "prominent analyst Arjun Murti," who offers a sobering case for why "a global peak in oil demand may be very far away." While the article doesn't use this exact language, the upshot is that using oil for energy leads to human flourishing--lifting people out of poverty. Oil demand may slip in certain Western countries, but the use of oil for energy will continue to grow in third-world countries for decades to come.

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