There’s more evidence finally surfacing in the media of the dire energy predicament the world is now facing. The negative ramifications of peak oil and the falling EROI were going to hit the world economy within the next 2-5 years, but the global contagion has sped up the process considerably. Unfortunately, the world will never return back to the energy consumption and GDP growth experienced in 2019. I believe the peak of unconventional oil production has finally arrived… FOREVER. Here are a few highlights describing the ongoing ENERGY DISASTER taking place U.S. Bakken Oil Production Peaked Oct 2019 While Setting A New Record In Wastewater Production According to Shaleprofile.com, the Bakken’s production peaked in October 2019 at 1,506,358 barrels per day (bd) and fell to 1,462,025 bd in December . When the data comes out for Mar-Apr-May, I believe that Bakken’s oil production will begin to drop off considerably. […]