The debate about Peak Oil Demand (POD) will likely rage on for quite some time. Years ago, Peak Oil theories on production and supply were constantly thrown around for general consumption. There was even an Association for the Study of Peak Oil. It seemed to culminate with the release of “Syriana” in 2005 staring George Clooney and Matt Damon. A few years later, the U.S. Shale Revolution began and economic potential of other large unconventional assets like Alberta’s oil sands entered public view. Many Peak Oil supply and production theories were put to rest, because oil is much more abundant and economically accessible than originally thought.

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