RE: Re: US shale25 Jan 2019 19:51
I wouldn't lose too much sleep over it. If you click through, the warning in paragraph 2 of a 50% fall in growth (note this is "growth") by Harold Hamm was by his own admission "just a wild guess". That article mentions other estimates that peak shale won't occur until the mid-2020s and "a forecast suggesting that U.S. oil and liquids production could exceed that of both Russia and Saudi Arabia combined by 2025, surpassing 24 million barrels per day".
Two dozen opinion pieces like this with opposing views are churned out by so called industry experts each week. These experts are generally more wrong than right by a big margin.
So just put your feet up, have a beer and enjoy the footy.