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       #Post#: 18--------------------------------------------------
       Graphene batteries are not the future: this technology
       By: seo chandna Date: September 3, 2023, 5:48 am
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       Although the continued presence of British Petroleum ( bp ) and
       TotalEnergies, as well as the Italian company eni, showed that
       European companies still had opportunities, the political
       context turned out to be much more difficult than expected. The
       weight of history, but also the internal instability caused by
       the second Gulf War, made the outcome of this exercise
       predictable. Furthermore, the fact that Iraq is one of the
       countries most exposed to extreme weather conditions due to
       climate change could only intensify the problems associated with
       trying to use the country as a solution to the world's oil
       supply.
       With no rapid recovery in Iraqi production possible, the global
       Phone Number Listy
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       became dependent on shale oil in the
       2010s. US crude production – including condensate – went from
       five million barrels a day in 2008 to 12 million. At the end of
       2019, the shale gas boom seemed to be reaching its limits. After
       falling between 1980 and 2007, US recoverable reserves increased
       significantly starting in 2008 with the deployment of hydraulic
       fracturing ( fracking) .). After a decline in 2015, they grew at
       least 9% annually until 2019, when they stagnated.
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       Much of the shale gas sector has struggled to recover from the
       price collapse triggered by the covid-19 pandemic. Part of the
       reason for the shale sector's difficulties in 2021 is that
       investors have demanded financial discipline after years of poor
       returns. But it is far from clear what kind of adjustment the
       industry and its investors will be able to make when Russian oil
       supply chains are disrupted. The US Energy Information Agency (
       EIA), for its acronym in English) forecasts that the country's
       crude oil production will average almost 13 million in 2023.
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