Peak Oil Is Passe –“Peak oil” was the phrase used to express the belief that the world is running out of oil and we must all start riding bicycles.
Well, with new discoveries and fracking and such it appears the fad has passed.
The Oil Drum, an influential blog site dedicated to promoting the claim that oil has peaked, has announced that it is shutting down after eight years.
The site’s board says this is “due to scarcity of new content caused by a dwindling number of contributors. Despite our best efforts to fill this gap we have not been able to significantly improve the flow of high quality articles.”
Interest has “peaked” one could say. The party is over. The parade has passed and the Elvis year has ended. Once upon a time every kid on the street had to have a Super Ball too.