The idea of peak oil is familiar to most readers. It refers to the point at which global petroleum production reaches its maximum point and begins an irreversible decline. Turning to the United ...

Top executives at major shale firms have already expressed opinions that Permian oil production could hit its peak as early as the ... inject and frac, and as that goes down, you still have ...

MODELS of oil barrels and a pump jack are displayed in this illustration photo taken on Feb. 24, 2022. — REUTERS NEW YORK — US oil production will peak at 14 million barrels per day in 2027 and ...