3 ms·
I've read we're right at the peak with shale. If we continue normal usage/production sans the effects of covid-19, we would've hit the drop off (for shale) of t
by crimsonalucard 7y ago
I've read we're right at the peak with shale. If we continue normal usage/production sans the effects of covid-19, we would've hit the drop off (for shale) of the Hubbard curve some time before 2025.
source: https://www.bloomberg.com/news/articles/2019-10-14/peak-shale-how-u-s-oil-output-went-from-explosive-to-sluggish https://www.bloomberg.com/news/articles/2019-10-14/peak-shal...