Myron Kinley in Romania; 1931
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But if you use the production + adjustment method and a 3-month moving average (to smooth out the monthly swings), US crude production declined by 1.55%.
In my view, this is the most obvious trend that's developing in US shale oil production, and the disparity will only grow. US shale oil production will only get gassier over time, and with it, US crude production is peaking.
HFIR Reserarch
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