Is peak oil a concept of the past? With renewable energy investments starting to take off, coupled with commitments made at Paris 2015 to reduce emissions and dependence on fossil fuels, and the present oil glut due to (competitive) production, just wondering whether oil will ever regain its lost glory.
Reference:
http://www.bloomberg.com/news/articles/2015-12-17/oil-set-for-third-weekly-loss-as-supply-glut-seen-relentless
Reference:
http://www.bloomberg.com/news/articles/2015-12-17/oil-set-for-third-weekly-loss-as-supply-glut-seen-relentless