Reports of our death have been greatly exaggerated
If I had a quarter for every time someone told me that “oil is dead” or that the internal combustion engine will be obsolete in “just a few years”, I could probably buy a new car.
Are liquid fuels dying? The data tells a very different story.
The graph below is from EIA — the U.S. Energy Information Administration. It shows projected U.S. energy consumption from now until 2050. This is not a biased source. This data is collected, analyzed and charted by some of the smartest energy nerds in the world.