American oil peaked and then declined almost exactly as expected, and only saw a second growth phase when a new category of resources became exploitable.
IMO, given the scale of everything in the USA, it’s more luck than anything else that the world is getting sufficiently cheap renewables and batteries on the right schedule to avoid peak oil actually harming civilisation in general and the USA catastrophically — the principle is a valid one, and in a hypothetical alternative world where global reserves had been half what they were, American rural areas would have had a much harder time than European equivalents adapting to electric power and long distance transport in the 70s.
IMO, given the scale of everything in the USA, it’s more luck than anything else that the world is getting sufficiently cheap renewables and batteries on the right schedule to avoid peak oil actually harming civilisation in general and the USA catastrophically — the principle is a valid one, and in a hypothetical alternative world where global reserves had been half what they were, American rural areas would have had a much harder time than European equivalents adapting to electric power and long distance transport in the 70s.