
J. Howard Marshall II had heard it before in his decades as an industry scholar, regulator, and executive: We are going to run out of oil! Marshall recounted one story concerning the eminent petroleum geologist Everette DeGolyer (1886–1956) in his autobiography, Done in Oil (Texas A&M University Press, 1994):
I had one such argument with Everette DeGolyer just after World War II. he insisted that we were going to be desperately short of oil…
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