ENERGY DOMINANCE: AMERICA’S NEW SHALE REVOLUTION TRANSFORMS OIL & GAS
Perhaps you’ve heard.
The same experts who told you America and the world were reaching “peak oil” — the point at which production supposedly must drop forever — have decided we’re now at “peak fracking.” Why?
Because they lack the imagination needed for innovation.
Fortunately, ExxonMobil does not. It’s shredding their argument. It’s about to blow U.S. production sky high.
Get ready. There’s a lot of opportunity in that.
For most of my lifetime, all we heard was “peak oil,” which (you benighted souls must understand) was “settled science.” The obvious arguments to the contrary — that rising prices drive innovation, and that regulation is its enemy — were laughed off.
I know: I made those arguments. Long before there was any such thing as fracking.
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