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Strategies & Market Trends : World Outlook

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To: Les H who wrote (33707)	10/14/2022 7:26:43 PM
From: Les H	Read Replies (1) of 48884

U.S. Shale Could Peak In 2024: Energy Aspects By Julianne Geiger - Oct 14, 2022, 5:00 PM CDT Amrita Sen: U.S. crude oil output from shale basins could peak in 2024. So far this year, the United States has managed to increase its total crude oil production by 200,000 bpd. Should U.S. shale peak in 2024, it could become stuck in a position where it is unable to respond to the needs of the market. oilprice.com I've seen EIA estimate 2027 as peak year while others have stated it'll peak in the 2030's with gas production peaking about 20 years later.

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