Peak Shale
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The Unlocking of Oil From the Oil Shales
Between 2003 and 2008, oil ran from the low 20s to about $145 a barrel. And it was because of that slowdown in non-opec oil supply that allowed OPEC to gain pricing power. So, Hubbard's theories were trotted back out and it became popular. This is something that we really should understand a lot better.
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