Peak shale oil in he USA is occurring as we speak. That was really a flash in the pan, a swift boom-bust cycle.
Peak shale oil in he USA is occurring as we speak. That was really a flash in the pan, a swift boom-bust cycle.
If only this were true - but supply follows demand now and there are vast reserves at a higher price.
You mean vast reserves of low-quality, low-energy content oil-containing deposits such as in the Green River formation of Utah/Colorado? www.doi.gov/ocl/oil-shal....
Not yet - that's not for centuries - and hopefully never because it would poison the Colorado river. The problem is that humans must choose - fairytales from the 70's aren't going to save us.
It would actually empty the Colorado River near its source