Dear subscribers,
Do you remember the "peak oil"?
This concept described the coming peak of oil production, a logical consequence of the exploitation of a resource by definition finite.
It was two geologists, Colin Campbell and Jean Laherrère, who made this idea famous in a research work published in 1998. According to them, the peak of world production of black gold was to occur around 2004-2005, around thirty years after this phenomenon had already taken place in the United States.
Logical consequence of what they put forward: it was the end of inexpensive oil that was announced.
Campbell and Laherrère got it all wrong: they did not see coming - but no one at the time could - the shale gas and oil revolution, which less than fifteen years after their study, made the prospect of 'a very, very distant peak oil.
In a decade, from 2010 to 2020, production in the United States has more than doubled.
Uncle Sam has gained his energy independence.
Today,
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