Yes. To be very clear, due to technological improvements allowing better eROI and better access to resources that couldn't be exploited previously, a "peak" isn

Yes. To be very clear, due to technological improvements allowing better eROI and better access to resources that couldn't be exploited previously, a "peak" isn't catastrophic: the production just become flat and sightly down as the best mines empty out. But having to import energy sources from outside your country is a good way to limit your industry growth.