derivatives of coal and natural gas) increased from in 2008 to per day in 2018 with a marginal annual growth rate of 1%. Many developed countries are already able to reduce the petro products consumption derived from crude oil. Crude oil consumption in oil exporting countries (OPEC and non OPEC countries), China and India has increased in last decade. The two major consumers, China (second globally) and India (third globally), are taking many steps not to increase their crude oil consumption by encouraging the renewable energy options. These are the clear cut signs that peak oil production due to declining crude oil consumption (not due to declining availability) is imminent in next few years mandated by alternate cheaper energy means/sources. During the year 2020, the crude oil consumption would decrease from earlier year due to COVID-19 pandemic. Positive aspects Permaculture sees peak oil as holding tremendous potential for positive change, assuming countries act with foresight. The rebuilding of local food networks, energy production, and the general implementation of "energy descent culture" are argued to be ethical responses to the acknowledgment of finite fossil resources. Majorca is an island currently diversifying its energy supply from fossil fuels to alternative sources and looking back at traditional construction and permaculture methods. The Transition Towns movement, started in Totnes, Devon and spread internationally by "The Transition Handbook" (Rob Hopkins) and Transition Network, sees the restructuring of society for more local resilience and ecological stewardship as a natural response to the combination of peak oil and climate change. Criticisms General arguments The theory of peak oil is controversial and became an issue of political debate in the US and Europe in the mid-2000s. Critics argued that newly found oil reserves forestalled a peak oil event. Some argued that oil production from new oil reserves and existing fields will continue to increase at a rate that outpaces demand, until alternate energy sources for current fossil fuel dependence are found. In 2015, analysts in the petroleum and financial industries claimed that the "age of oil" had already reached a new stage where the excess supply that appeared in late 2014 may continue. A consensus was emerging that parties to an international agreement would introduce measures to constrain the combustion of hydrocarbons in an effort to limit global temperature rise to the nominal 2 °C that scientists predicted would limit environmental harm to tolerable levels. Another argument against