Peak shale oil in Nature magazine

Nature, the somewhat scientific journal, has just published a comment on shale gas and oil (Energy: A reality check on the shale revolution) by peak-oiler J. David Hughes.

[P]roduction is likely to be below the exuberant forecasts from industry and government.

[The US Energy Information Administration's] predictions are wildly optimistic given the fundamentals of producing these hydrocarbons.

[T]he industry practice of fitting hyperbolic curves to data on declining productivity, and inferring lifetimes of 40 years or more, is too optimistic.

[I]ndustry must recognize that shale gas and oil are not cheap or inexhaustible [...]

Wait. This sounds familiar.