Idiotic article. First, production is rising (thanks, fracking!). Second, demand growth is constrained by hybrids and electrics and more efficient ICE’s.
Third, Shell/Pennzoil is converting natural gas into a million tons of oil per year in Qatar, and new companies are bringing room-temperature natural gas into liquid ethyline/gasoline conversion plants online...and natural gas is essentially limitless for our current lifespan (Syluvia?).
Can you please provide a reference for the Shell/Penzoil claim. Where are they getting all this natural gas? thank you.