A central thesis of those who advocate for complete “decarbonization” of the global energy economy is that the world’s reserves of oil and natural gas are steadily declining and becoming far too expensive to produce.1 The “end of oil” story has been published many times over several decades, and by repetition alone has become broadly accepted in the media and by many in government. The purpose of this series of essays is to examine what the best available expert analysis indicates about the present and potential future of oil and natural gas resources and what this means for the climate policy […]