Global oil demand could peak by 2020, says Shell

Oil field (Image: Flickr user johnny choura, used under CC license)

The rise of electric cars has led many analysts to make predictions about the future of the oil industry. ExxonMobil and OPEC have both made statements indicating confidence that the majority of vehicles on the world’s roads will continue to be powered by fossil fuels for the next few decades. But Shell recently made a prediction that is a bit… …read more