Geology doesn’t care about politics. We have been pumping for 100+ yrs. How long did we think that could continue?
Been getting a bit suspicious about Greenland. That would be the sort of thing you would chase if you had been told that shale is going empty.
The U.S. has enough oil to last 227 years at the current consumption rate.
The U.S. has enough natural gas to last 130 years at the current consumption rate.
As to Greenland, most of the majors (Royal Dutch, Exxon, and Chevron) crapped out on attempts to drill there without success.
And the Greenland government itself (NOT the Danish government) has banned further drilling, which means that not only would we have to invade a Danish territory, but we’d have to do it against the will of native Greenlanders.
Know reserves we can pump for about 50 more years at projected rates of consumption
Shale oil reserves which are harder to drill about 110 years.