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Jory  Pacht's avatar

Your diagram demonstrating that eight states must be evacuated because of NORM is priceless. Well done!!!

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SmithFS's avatar

The US is in for a world of hurt due to their reliance on gas coupled with the wind/solar scam.

G&R are warning that the US has already past peak gas production and is now slipping down the backside of Hubbert's curve. If this is true the US is on a path to real pain, that will make the 70's crisis look like a bad rainy day.

The US has sacrificed everything on a gamble for unlimited gas. Replacing nuclear with gas, coal with gas, process heat & building heat all gas. Chemical industry/Fertilizer production heavily dependent on gas. And greenwashing the gas with expensive, impractical wind & solar, which are even more reliant on low cost gas backup. And gas providing the overwhelming bulk of peaking power generation. And huge LNG exports. At the very least the US will soon be faced with paying World prices for gas, typically >4X higher. That will devastate the economics of gas. Ramping up nuclear means getting rid of the 100% corrupt NRC. And that won't be easy.

https://blog.gorozen.com/blog/the-depletion-paradox

"...The great drama of American shale production may now be nearing its final act. For years, we have anticipated that the relentless growth in shale output would crest by late 2024 or early 2025, catching many off-guard. In hindsight, even this expectation might have erred on the side of caution. Quietly and without much fanfare, both shale oil and shale gas appear to have passed their zenith several months ago. Recent data from the Energy Information Agency (EIA) reveal that shale crude oil production reached its high-water mark in November 2023, only to slide 2%— roughly 200,000 barrels per day—since then. Likewise, shale dry gas production peaked that same month and has since slipped by 1% or 1 billion cubic feet per day. The trajectory from here, according to our models, looks steeper still..."

"...our thesis is built upon the enduring insights of the late Dr. M. King Hubbert, whose groundbreaking prediction of the peak in conventional U.S. crude production in 1970 remains a landmark in energy analysis. In this essay, we aim to show how we have adapted Hubbert’s foundational work, augmenting it with the latest advances in artificial intelligence, neural networks, and machine learning to address the complexities of shale production. The implications of our findings are profound. Our edge lies in an uncommon synthesis: the marriage of cutting-edge computational techniques with deep, domain-specific expertise in the energy sector.

Too often, we observe legacy oil and gas analysts tethered to antiquated models, while AI practitioners—adept at the math but unfamiliar with the nuances of resource extraction—arrive at flawed conclusions. Neither approach alone suffices anymore. Our unique combination of skills allows us to reach conclusions that defy conventional wisdom, and we are confident these conclusions will ultimately prove prescient...."

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