Profitably Extractable Fossil Fuels Are Depleting "Since 2015, oil and natural gas investments have remained at low levels because oil prices have not been high enough to justify drilling in the remaining places."
"The incorrect narrative provided by mainstream media (MSM) is that climate change is our worst problem. To lessen this problem, citizens need to move quickly away from fossil fuels and transition to renewables. The real narrative is that we are running short of fossil fuels that can be profitably extracted, and renewables are not adequate substitutes. However, this narrative is too worrisome for most people to handle."
Gail Tverberg, Our Finite World, 16 December 2022
https://ourfiniteworld.com/2022/12/16/the-economy-is-moving-from-a-tailwind-pushing-it-along-to-a-headwind-holding-it-back/