Why predictions of “peak oil” are always wrong: The mirage of “peak oil” in America
Oil & Gas 360º
JUNE 5, 2025
(World Oil) – The media are reporting new predictions that oil production in America is in irreversible decline. In the United States, this idea has taken on the character of prophecy, re-emerging every few years with new data, new fears, and new consequences for energy markets. oil production would peak in the early 1970s.
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