Why predictions of “peak oil” are always wrong: The mirage of “peak oil” in America
Oil & Gas 360º
JUNE 5, 2025
America has 48 Bbbl of proven oil reserves, 4 and since 2016, Texas has accounted for 40% of that. times the proven reserves of Saudi Arabia. quadrillion cubic feet of recoverable natural gas reserves or enough supply for 130 years. In the end, peak oil isn’t a single event, nor will it likely ever be.
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