GLOBAL OIL PRODUCTION UPDATE & PERMIAN PEAK & DECLINE: With 75 Percent Of World Oil Growth From North American What Happens When The Permian Peaks?
Given that North America, primarily the U.S., accounted for 75% of Global oil production growth since 2008, what implications does the potential peak and decline of the Permian have? Some suggest that shale oil fields such as the Vaca Muerta in Argentina will be the new growth… or will it…