26/10/2015
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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