“Let the bastards freeze in the dark”
That particular catchphrase was originally coined when petroleum prices went so high back during the Carter Administration. It related to the boycott of fuel oil in the Northeast, of Texas petroleum production, and the acceleration of petroleum imports from elsewhere. The entrepreneurs that did the oil exploration were hemmed in further and further by “environmental” regulations that were designed primarily to RESTRICT the extraction of fossil energy.
Now the restrictions extend to the very USE of fossil energy.
Fossil energy is not really “fossil”, as the earth is in the process of creating new hydrocarbons from the building blocks of carbon dioxide and water all the time. Down at the “Moho” discontinuity, the conditions of temperature and pressure are such that water is broken down into free hydrogen, which reacts with the extensive quantity of carbon dioxide that also exists at that level. A naturally occurring Fischer-Tropsch reaction on a massive scale creates the various hydrocarbon fractions, which permeate upward out of the zone.
“Peak oil” is another myth to discourage use of the “fossil energy” resources.
Just another in a series of fabrications and dramatizations to create artificial scarcity.