In other words, peak oilers further discredited.
So another year without the development of a "long emergency". Another year with cheap energy for the largest economy in the world. Another year of "business as usual". Another year where my world fails to "get a whole lot smaller". Another year of renewable energy watching their thunder stolen by cheap shale gas.
Great!
A $4 ceiling for natural gas in the US? Woo-hoo! That's some cheap gas. Sorry about your underperforming investments in solar and wind.