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Why predictions of “peak oil” are always wrong: The mirage of “peak oil” in America

Oil & Gas 360º

For half a century, analysts, environmentalists and policymakers have “cried wolf,” trying to forecast the arrival of “peak oil”—the point at which a country’s oil production hits its maximum and begins an irreversible decline. production to historic highs and flipped the country from an energy importer to a net exporter.

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