About a year ago I read an OPEC publication from 2006 “Oil in the 21st Century”. It was filled with optimism about our oil powered future. In one chapter they made surprisingly accurate production/consumption estimates through about 2021 and were only off by a few points because in 08-09 consumption dropped a little. Not once were electric cars mentioned.<p>What I ultimately absorbed from the book is that oil production and consumption is inextricably tied into the global economy and only aggressive, binding, legislation can separate it. Technology -baring some moonshot energy breakthrough that’s absurdly cheap and easy to adopt overnight— will not save us; the oil will keep flowing and more will flow each year.