Royal Dutch Shell says it is already past peak oil. In a Thursday press release, the company said "oil production peaked in 2019," and that it expects an annual decline of 1% to 2% per year. That's something Shell has anticipated for some time, and it's hoping a combination of new businesses will keep it from going the way of the dinosaurs whose...Royal Dutch Shell says it is already past peak oil. In a Thursday press release, the company said "oil production peaked in 2019," and that it expects an annual decline of 1% to 2% per year. That's something Shell has anticipated for some time, and it's hoping a combination of new businesses will keep it from going the way of the dinosaurs whose...
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