That global demand for fossil fuels is on the verge of peaking and then rapidly declining may be behind the mysterious behavior of the oil companies, which are selling their lucrative California assets and withdrawing from the state. They foresee having to close those oil rigs down, and don’t want to get stuck with the cost of environmental clean-up if they are still the proprietors when the industry goes under.
1848+: The End(s) of History 