The oil crunch: Securing the UK’s energy future

Declining availability of oil will hit the UK earlier than generally expected, with potentially devastating implications for the UK economy, according to a report from a UK industry taskforce. “We sought two opinions on oil-supply risk, one from an oil-industry expert known as a leading advocate of the early-peak scenario [Chris Skrebowski], and the second from Royal Dutch Shell, who we expected might advocate a more sanguine prognosis.” (Excerpts)

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