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. Presenting a false choice between industry destruction or government intervention, many testified that proration was necessary to save Texas. 6 This is more than 5.6
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