Energy has always been an integral factor in the growth of quality of life, economic development, and industry throughout human history. Changes in Civilization have largely been driven by the discovery of new more efficient energy sources in the era of fossil fuels. The Industrial Revolution showed that access to raw materials determined the outcome of Wars while also determining the cycle of the rise and fall of superpowers. Can we declare the death of oil today? To answer the question with a question; can one talk about the oil death when the largest power in the world is its largest producer and the second largest power is its largest importer? In other words, it is far too early for that. Oil will continue to play a key role in the coming decades but a relatively smaller one compared to the past decades, while its biggest beneficiaries will try to delay its final Twilight as long as possible.
