When both Art and the EIA are saying the same thing, we've hit the big time. Except EIA is water dropping it and saying it'll be 2026 for the plateau, not this year. Fascinating lesson in how to manage information flow. So now what? Drilling won't fix this, and they can't solve the water problem with "data management".
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I think we are already there - this is the outgoing Admin's way of saying "gotcha" to the new crew. Exxon's latest chart is more like what the decline rate could look like. Talk about ripping off the bandaid.