Dangerous Curves Ahead

Decline curves graphically depict the rates at which oil and gas well production levels fall — or plummet — over time. They may also illustrate how unlikely it is that the world’s oil producers will be able to meet the expected increases in global demand. Energy giant ExxonMobil (NYSE: XOM) and the Energy Information Administration arm of the U.S. Department of Energy are just two of the many entities that have studied this important question.

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