The changing world energy economy
West Virginia University professor James E. Smith and graduate student Alex Hatch report that the United States economy has begun to grow steadily despite falling oil consumption. Moreover, worldwide energy demand dropped significantly between 2013 and 2015 and the trend is continuing despite growing world populations and expanding energy availability. They note that , worldwide (not just in today's rich countries), the only thing limiting our future progress and comity is our imagination and ingenuity.