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title: Q4 2022 Goehring & Rozencwajg Commentary
description: Are you prepared for the future of energy? Goehring & Rozencwajg have uncovered evidence that US shale oil production is nearing its peak. Access our research.
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---

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# The End of Abundant Energy: Shale Production and Hubbert's Peak

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In our Q4 2022 commentary, we revisit an old theory: peak oil.

Over the past 15 years, the vast majority of non-OPEC+ oil supply growth has come from the US shales. Presently, two of the three main basins appear to be in decline. That leaves all of the burden on the Permian – how long can it bear the burden? Our analysis suggests not very long at all. In fact, new data points to quickly deteriorating well results in this critical play. What does that mean to balances going forward? We invite you to read our commentary, *The End of Abundant Energy: Shale Production and Hubbert's Peak*. 

## *Please fill out the form on this page to download a copy of our Q4 2022 market commentary.*

## *Download Your Copy*

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