Eventually, production must go down: there will still be oil that could be, theoretically, extracted, but that we won't be able to afford to extract. This is the essence of the concept of depletion.
Articles: conventional oil production (2)
Energy | Article | Nov 7, 2014
Energy | Article | Jun 26, 2014
The news media continue to chant that “peak oil is dead” and see the U.S. shale oil miracle as a sustainable turn of events, not a term-limited booster.
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