The Silly Peak Oil Debate Rages On

From the Daily Caller News Foundation

“What the Outlook underscores is that the fantasy of phasing out oil and gas bears no relation to fact,” said OPEC Secretary General Haitham Al Ghais

Analysts and professionals in the global energy space have long debated the prospects for reaching peak demand for crude oil. It is an issue that has long sparked debate, some of which becomes emotional among highly invested stakeholders on one side or the other.

In recent years, such stakeholders risk developing cases of whiplash when considering the competing perspectives about this “peak oil” matter published by OPEC and the International Energy Agency (IEA).

IEA has spent the last 12 months predicting an earlier advent of the peak oil phenomenon than pretty much any other experts envision, saying it will come about sometime in this decade, no later than 2030. Not surprisingly, the agency’s analysts doubled down on that projection in its most recent monthly Oil Market Report.

In a section titled “When the Music Stops,” the IEA focused on short-term factors like slowing demand growth in China, where oil consumption has declined year-over-year for the past four months. Noting that Chinese demand growth has slowed to an estimated 180,000 barrels per day (bpd) across 2024, the agency leaned on that data point as a reason to lower its estimated global demand growth to 800,000 bpd.

The same section also pointed to the isolated slowing of U.S. gasoline-deliveries growth in June — a factoid that could simply be statistical noise — as support for its annual growth forecast. But a slowdown in crude demand growth is no surprise, given that economic growth has been slowing throughout 2024. This direct cause-and-effect phenomenon has been a consistent aspect of oil markets across history. It is also a short-term factor whose impact will ultimately be diminished by subsequent events.

In contrast, OPEC’s projections over the past year regarding near-term global demand growth and the anticipated peak in oil demand have reached diametrically opposite conclusions. Last summer, the cartel projected global growth in crude demand for 2024 would be a robust 2.25 million bpd. Slowing economic growth has led OPEC’s analysts to lower that initial prediction over the past two months, but only to 2.1 million bpd — more than double that of both IEA and the U.S. Energy Information Administration (EIA).

Where the concept of peak oil demand is concerned, OPEC has held to an even more oil-bullish stance, stating its projections do not see that threshold being reached anytime during its projection timeframe through 2050. In its annual Global Outlook published last week, OPEC sees oil demand growing by that year to 120 million bpd, a rise of 18 million bpd from current levels.

“What the Outlook underscores is that the fantasy of phasing out oil and gas bears no relation to fact,” said OPEC Secretary General Haitham Al Ghais in the forward to the report.

Al Ghais also pointed out the fact that: “Over the past year, there has been further recognition that the world can only phase in new energy sources at scale when they are genuinely ready, economically competitive, acceptable to consumers and with the right infrastructure in place.” This undeniable reality means that projections of oil demand in the transportation sector being crushed by alternatives like EVs and hydrogen cars are almost certainly overly optimistic. The rapidly faltering market demand for EVs strongly supports that likelihood.

Al Ghais also contends that a “realistic view of demand growth expectations necessitates adequate investments in oil and gas, today, tomorrow, and for many decades into the future.” That contention stands in contrast to the IEA report released in May, 2021, in which IEA Director Fatih Birol urged an immediate halt in all new investments in the finding and development of new oil resources in order to fight climate change. By August of that year, Biral was comically urging oil companies to increase their oil production in order to help re-balance an undersupplied global market.

Episodes like that have led many to question whether IEA bases its projections related to oil markets on data or on wishful thinking. The validity of such questions was only reinforced when Birol announced early this year that the agency’s mission was being expanded into outright advocacy for promoting the energy transition.

So, who is right? We’ll find out in 2030, but the smart money is on the group with billions riding on the answer.

David Blackmon is an energy writer and consultant based in Texas. He spent 40 years in the oil and gas business, where he specialized in public policy and communications.

Related Topics:#DailyCaller #DavidBlackmon #InternationalEnergyAgency #OPEC PeakDemandForCrudeOil PeakOil

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Transgender Roomate of Alleged Charlie Kirk Assassin Cooperating with Investigation

Published on September 14, 2025

Todayville

From the Daily Caller News Foundation

By Harold Hutchison

The man accused of assassinating Turning Point USA (TPUSA) founder Charlie Kirk reportedly lives with a transgender-identifying “partner,” according to Fox News reporter Brooke Singman.

Authorities have arrested Tyler Robinson, 22, accusing him of gunning down Kirk during a TPUSA “Prove Me Wrong” event at Utah Valley University on Wednesday, during which the late activist was debating attendees on a variety of topics, including transgenderism. Authorities say that communications between Robinson and the biological male who identified as a transgender female confirm Robinson as the person responsible for the assassination of Kirk, Singman posted on X Saturday.

Kirk had engaged in a debate about transgender mass shooters with Hudson Kozak shortly before being assassinated. The subject became a hot-button issue following the Aug. 27 shooting during an all-school mass held at Annunciation Catholic School in Minneapolis that left two children dead.

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Robinson’s reported partner, previously described as a “roommate” during the Friday press conference announcing his arrest, is cooperating with authorities, the New York Post reported.

Authorities had recovered a rifle containing ammunition that was reportedly marked with left-wing messaging, from a wooded area near the site of Kirk’s fatal shooting. The phrases included “Hey fascist! Catch!” and “If you read this you are gay LMAO,” according to Republican Utah Gov. Spencer Cox.

Kirk founded TPUSA, an organization for conservative college and high school students, in June 2012, according to the group’s website. He also hosted “The Charlie Kirk Show,” a podcast that later became a radio show on the Salem Radio Network, according to his biography on TPUSA’s site.

Daily Caller

‘You Have No Idea What You Have Unleashed’: Erika Kirk Addresses Supporters For First Time Since Kirk’s Assassination

Published on September 13, 2025

Todayville

From the Daily Caller News Foundation

By Hailey Gomez

Erika Kirk, the widow of Turning Point USA founder Charlie Kirk, addressed supporters Friday evening for the first time since her husband’s assassination, saying that her late husband’s movement will “never surrender.”

Kirk, 31, was shot and killed Wednesday while debating students at Utah Valley University in Orem, Utah. Speaking for the first time since the fatal attack, Erika Kirk thanked those who have supported her and her late husband, including both President Donald Trump and Vice President JD Vance, as well as other officials.

“I honestly have no idea what any of this means. I know that God does, but I don’t. But Charlie, baby, I know you do too. So does our Lord. And our world is filled with evil, but our God, you guys, our God is so good, so incredibly good. And we know that for those who love God, all things work together for good, for those who are called according to his purpose,” Erika said. “Already, I have seen the worldwide outpouring of love for my husband. I’ve heard the testimonies from people my husband inspired to get married, to start families, to seek out a relationship with God. It’s the most important, most important one of all.”

“The evildoers responsible for my husband’s assassination have no idea what they have done. They killed Charlie because he preached a message of patriotism, faith, and of God’s merciful love. They should all know this,” Erika added. “If you thought that my husband’s mission was powerful before, you have no idea. You have no idea what you just have unleashed across this entire country and this world. You have no idea. You have no idea the fire that you have ignited within this wife. The cries of this widow will echo around the world like a battle cry.”

Kirk, who regularly spoke at college campuses to debate students on their political beliefs, made his latest stop in Utah, with videos online showing the campus packed with attendees. About 20 minutes into speaking with students, a shot rang out through the crowd, hitting Kirk.

WATCH:

Security rushed the TPUSA founder to the hospital, where he was initially reported to be in stable condition but ultimately succumbed to his injuries.

After a nearly two-day manhunt, authorities announced Friday that Kirk’s suspected killer 22-year-old Tyler Robinson was officially arrested after a family friend reported Robinson to authorities Thursday evening.

Officials said bullet casings from the rifle that was used contained a series of phrases such as “Hey fascist! Catch!” and “If you read this you are gay LMAO.” A third bullet casing also had the engraving of ““bella ciao,” which matches an Italian song name that became a left-wing anthem during World War II.

Erika Kirk went on to say that she refuses to let the movement of TPUSA “die,” adding she will make sure it becomes “stronger, bolder, louder, and greater than ever.”

“And I love knowing that one of his, one of his mottos was never surrender. So I want to tell you that, that we’ll never surrender. We never will. Ever. Our campus tour this fall will continue. There will be even more tours in the years to come. America Fest here in Phoenix this December will go on. It will be greater than ever. The radio and podcast show that he was so proud of will go on,” Erika said. “And in a world filled with chaos, doubt, and uncertainty, my husband’s voice will remain. And it will ring out louder and more clearly than ever. And his wisdom will endure.”

“My favorite, my favorite too, but my husband’s favorite word in the English language was earn. He would call all of you to be people of action who earn the future America deserves. So to all of the young people who felt inspired by my husband’s faith and hard work, all of you already know what Charlie would want you to do,” Erika said.

Kirk’s wife told supporters to continue their on-campus involvement, attend the upcoming TPUSA events, and “most important of all,” get involved in a “Bible believing church.”

“Our battle is not simply a political one. Above all, it is spiritual. It is spiritual. The spiritual warfare is palpable,” Erika added.

WATCH:

Before ending, Erika Kirk recalled how her daughter asked where Kirk had been, telling her that he’s now “on a work trip with Jesus so he can afford your blueberry budget.” She then thanked supporters once again, adding, “God bless you all, and God bless America.”

Since Kirk’s death, supporters, political figures and friends have spoken out, while some Democrats have openly cheered the loss of the TPUSA founder. Vance shared on X late Wednesday how Kirk had impacted life, recalling their friendship beginning in 2017.

Trump also expressed grief, writing on Truth Social that no one “understood or had the Heart of the Youth in the United States of America better than Charlie.” By Thursday, Trump announced he would award Kirk the Presidential Medal of Freedom posthumously.

“Charlie was a giant of his generation, a champion of liberty and an inspiration to millions and millions of people. Our prayers are with his wonderful wife Erika and his beautiful children. Fantastic people they are,” Trump said. “We miss him greatly. I have no doubt that Charlie’s voice and the courage he put into the hearts of countless people, especially young people, will live on.”