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SHALE BOSS SAYS US HAS PASSED PEAK OIL | FINANCIAL TIMESwww.ft.com › content

Jul 12, 2020 - Shale boss says US has passed peak oil. Parsley Energy CEO: 'I don't think I'll see 13m barrels a day again in my lifetime'.

It's amazing shale has lasted this long considering: U.S. Shale Has Lost $300 Billion In 15 Years

Fortunately, because of Covid, oil consumption has plummeted... for example, with airlines barely flying we have reduced the global burn by close to 8%

The aviation industry represents 7.8% of final oil consumption worldwide, while maritime shipping accounts for 6.7%.Jun 20, 2019

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