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

Oil & Gas 360º

As a regulator of the nation’s largest oil and natural gas producing state, I’ve seen these scary headlines many times before, but here’s the good news: they are always wrong. And nowhere is that dynamic clearer than in Texas, the powerhouse of American oil and gas. times the proven reserves of Saudi Arabia.

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Department of Interior Proposes New Financial Assurance and Decommissioning Regulations

The Energy Law

In addition, the proposed regulations provide that BOEM would also consider the proved oil and gas reserves on the lease and the financial strength of predecessors in determining whether additional security was required. Communications include firm news, insights, and events.

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Department of Interior Proposes New Financial Assurance and Decommissioning Regulations

The Energy Law

In addition, the proposed regulations provide that BOEM would also consider the proved oil and gas reserves on the lease and the financial strength of predecessors in determining whether additional security was required. Communications include firm news, insights, and events.