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...given the reality of fracking's declining production, never mind the reality of Global Warming/CC effects, we need to maintain and increase efforts to transition away from Fossil Fuels for heat and power.

...from the attached article...
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This is referred to in shale professional circles as The Red Queen effect, referring to a scene in Lewis Carroll’s Through the Looking Glass where Alice learns from the Red Queen that she must run increasingly fast just to stay in the same place. This has turned out to be a fairly apt metaphor for shale production. A report from energy analyst firm, Enervus, to this effect was summarized in a Journal of Petroleum Technology article August, 16th of last year. Dane Gregoris, report author and managing director at Enervus Intelligence Research, was quoted as saying.

“The US shale industry has been massively successful, roughly doubling the production out of the average oil well over the last decade, but that trend has slowed in recent years. The production decline rate has grown steeper at a rate of more than 0.5% annually since 2010. We’ve observed that decline curves, meaning the rate at which production falls over time, are getting steeper as well density increases. Summed up, the industry’s treadmill is speeding up and this will make production growth more difficult than it was in the past.”
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"Drill, Baby, Drill!" is a recipe for catastrophe...


Link: https://oilprice.com/Energy/Crude-Oil/Is-US-Shale-Production-Finally-Nearing-Its-Peak.html