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As US Oil Booms, an Unlikely Word Rises: Depletion

2013-05-28 09:31:00| Climate Ark Climate Change & Global Warming Newsfeed

CNBC: Could the U.S. energy revolution fall prey to the law of diminishing returns? Oil depletion, or the rate at which a new production is sapped from existing wells, is a hot topic in energy circles. It was common fodder during the years where some analysts ominously warned about demand outstripping oil, but is rarely mentioned in the context of America's budding energy boom. At least for now, depletion is not an immediate risk for a country that has only begun to scratch the surface of its oil...

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