Why predictions of “peak oil” are always wrong: The mirage of “peak oil” in America
Oil & Gas 360º
JUNE 5, 2025
Thanks to human ingenuity, new drilling technologies like horizontal drilling and hydraulic fracturing unlocked vast reserves once thought inaccessible. The Permian basin has become one of the most productive oil fields in the world, Fig. times the proven reserves of Saudi Arabia. The Texas success story.
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