• BulldozerMountain@alien.topB
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    10 months ago

    Long story short the US oil production has probably peaked or will peak soon.

    The first prediction of US peak production was in the 1960s. In 2023 the US will produce more oil than in any other time in US history, and new technology has unlocked insane amounts of oil

    Only promote peak oil if you enjoy being wrong a lot.

    • Bob4Not@alien.topB
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      10 months ago

      The new tech like fracking is more expensive, more overhead cost - oil will never be as cheap and plentiful again for the US. Why else did Biden open up the dreaded Willow Project?