How US Suppliers Alter Their Extraction Rates and What This Means for Peak Oil Theory

Hubbert suggests that oil extraction rates will have an exponentially increasing course until they reach their highest level and then they will suddenly decline. This best describes the well-acclaimed Peak Oil Theory or Peak Oil. We research whether the theory is validated in seven US plays after th...

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Bibliographic Details
Main Author: Theodosios Perifanis
Format: Article
Language:English
Published: MDPI AG 2022-01-01
Series:Energies
Subjects:
Online Access:https://www.mdpi.com/1996-1073/15/3/821