US Oil Supplies Will Only Last Through 1992

Prediction:

https://books.google.com/books?id=pwsAAAAAMBAJ&lpg=PA29&ots=zoY4QTY67Z&dq=%22u.s.%20oil%20supplies%20will%20last%22&pg=PA29#v=onepage&q=%22u.s.%20oil%20supplies%20will%20last%22&f=false

Outcome:

US Oil production did not die in 1992, nor after the shale revolution has it died as of today. Today’s limitations are due to regulatory barriers, not resource availability.

How do government regulations impact the oil industry.

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