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26/10/2015

Reality and legends about oil depletion and its possible.- Juanjo Sánchez Arreisegor

Too many economic and political analysis ignore the basics facts about Oil geology and technology. MK Hubbert's theory about Peak Oil allows us to understand the true long-term energy problem. Fracking technology has proved effective, but not enough to prevent the decline in stocks and achieve energy self-sufficiency of the United States. However, despite repeated alarmist predictions, the global production decline predicted by Hubbert is still several decades away.

Author: Juanjo Sánchez Arreisegor

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