The writing is on the wall for oil

The Oil Age is ending because the real cost of using fossil fuels—runaway climate change and war—is getting too great to bear, and other, cheaper energy sources are available.

United Arab Emirates President Mohamed bin Zayed Al Nahyan, left, and Saudi Crown Prince Mohammed bin Salman. The two countries are in dispute and have different forecasts for how long oil demand will last, writes Gwynne Dyer. Photographs courtesy of Wikimedia Commons

Opinion

BY GWYNNE DYER

April 30, 2026

LONDON, U.K.—Eat your hearts out, Pablo Escobar, Joaquín ‘El Chapo’ Guzmán, and Nemesio ‘El Mencho’ Oseguera Cervantes. The richest cartel by far is still the Organization of Petroleum Exporting Countries (OPEC), and its leaders also get to die in bed. But one of...

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