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The future of oil supply

Abundant supplies of oil form the foundation of modern industrial economies, but the capacity to maintain and grow global supply is attracting increasing concern. Philosophical Transactions A has published an issue that presents the best scientific evidence on why a decline in oil supply may, or may not, be in sight. It considers the production and resources of conventional oil and the potential for developing alternative liquid fuels from tar sands, shales, biomass, coal and gas. It describes how economies might react and adapt to rising oil prices and how the transport sector could be transformed. It provides comprehensive and interdisciplinary perspective on the ‘peak oil’ debate and reflects a range of views. here, guest editors Steve Sorrel and Richard Miller discuss some of the key points covered by the issue.