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Doomberg: "Our Fragile Energy Economy"

The Great Simplification with Nate Hagens

00:00

The Permian and the Future of Oil Production

Without the Permian, October is the current all liquids peak in the world. ExxonMobil claimed to have developed techniques that would allow them to double the amount of oil they could extract from the shale patch. I don't have a lot of money to bet you, but I will bet that we will not burn more oil in 2040 than today. But unfortunately, I think we might burn more coal and natural gas, but that's a different conversation.

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