I don't know how you read that as a screaming stop.
U.S. oil production is on track to reach a near historic high by 2016, before leveling off and eventually beginning to taper in 2020, according to a new federal forecast.
I don’t know how you read that as a screaming stop.
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read the next paragraph:
The nation’s crude output will crest at 9.5 million barrels per day in 2016, according to the U.S. Energy Information Administration’s latest annual energy outlook, released Monday.
But that is only part of the picture. Increased supply from other nations is going to effect the economical ability for companies to continued the capital investment into the US production market needed to maintain growth.
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agree. but I think the complexity of the technology will not allow competitors of the USA to bring volume to the market via fracking within the next five years. after that. yeah sure.