Sustain26
Banned
Warning: applies primarily to USA?
https://www.theamericanconservative.com/urbs/de-growth-will-define-how-we-live-in-the-future/
"...The shale oil “miracle” is a bust. It was a fabulous stunt while it lasted. It lifted U.S. oil production from under five million barrels per day in 2008 to 13 million barrels per day in 2019, but it could never operate at a profit and the companies involved are quitting and going bankrupt. U.S. oil production is down two million barrels per day since March, and informed observers predict it will fall as low as six million in 2021—half what we produced in 2019.
https://www.theamericanconservative.com/urbs/de-growth-will-define-how-we-live-in-the-future/
"...The shale oil “miracle” is a bust. It was a fabulous stunt while it lasted. It lifted U.S. oil production from under five million barrels per day in 2008 to 13 million barrels per day in 2019, but it could never operate at a profit and the companies involved are quitting and going bankrupt. U.S. oil production is down two million barrels per day since March, and informed observers predict it will fall as low as six million in 2021—half what we produced in 2019.