Has US reached "Peak Oil" at current prices?



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London, 18 April 2015

Last week the EIA once again capitulated on the myth that rig counts don’t matter and the productivity of wells would largely offset, leaving the industry on a continuous path to higher output. The current consensus of 500,000 B/D additional growth in 2015 US production now appears very much at risk.


Source: Commodities Now feed

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