Why predictions of “peak oil” are always wrong: The mirage of “peak oil” in America
Oil & Gas 360º
JUNE 5, 2025
Apparently, peak oil is back in vogue, like it’s 2005 instead of 2025. Thanks to human ingenuity, new drilling technologies like horizontal drilling and hydraulic fracturing unlocked vast reserves once thought inaccessible. output did, in fact, decline for several decades. But in 2008, the shale revolution took off!
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