Very interesting article. There was a lot of hype about advances in Oil Extraction Tech, like "...extended reach and horizontal drilling, advanced sand management, expandable screening and/ or electrical submersible pumps, drilled with minimally invasive drilling fluids, tight control of equivalent circulating density and high-precision geological optimisation of well placement"... We now know from the Handil Oil Field example, that there are huge limitations on how much extraction can be ramped up.

It will take a few more years for the reality to set in. We need someone to continuously challenge the MSM on this... :D