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Meanwhile the U.S. shale boom is showing signs of peaking: https://www.wsj.com/articles/u-s-shale-boom-shows-signs-of-peaking-as-big-oil-wells-disappear-2adef03
by makerofspoons 3y ago
Meanwhile the U.S. shale boom is showing signs of peaking: https://www.wsj.com/articles/u-s-shale-boom-shows-signs-of-peaking-as-big-oil-wells-disappear-2adef03f https://www.wsj.com/articles/u-s-shale-boom-shows-signs-of-p...
This, combined with the energy crunch in Europe due to the war in Ukraine, may be another strong signal we have less runway to get off of fossil fuel than we thought.
- splistud 3y ago[dead]
- r00fus 3y agoMeanwhile China is going to ban exports of rare earth. This is going to get painful really quick if the US doesn't have alternative energy options. Oil dependency is a national security issue, and the clowns who ignore or downplay that fact are indistinguishable from enemy agents (courtesy of gray's law [1]) [1] https://www.urbandictionary.com/define.php?term=Grey%27s%20Law https://www.urbandictionary.com/define.php?term=Grey%27s%20L...
- tonyedgecombe 3y ago> Meanwhile China is going to ban exports of rare earth. That’s probably a good thing if it leads to finding other sources.
- rullelito 3y agoEurope rather collapse than start looking for rare earth metals on its own soil. The environment over everything else.