The cause of the coming energy crisis was trying to phase out fossil fuels before phasing in viable replacements. The resulting supply demand imbalance has already exhausted almost all of OPEC's spare production capacity. We can arrest the dramatic energy price increases that will come in the mid 2020s by reinvesting in new oil production. But over the long run, prices will continue to trend higher no matter what.
Sneak preview of Erik Townsend’s upcoming docuseries about the coming global energy crisis.
Why it can’t be avoided, what caused it, and what it will take to solve it.
Last of 5 special episodes airing Sundays. Download associated PDF https://bit.ly/3jx8zFm
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