Discussion in 'Energy' started by longknife, Sep 13, 2018.
And how much did that mile deep hole cost, and where is it?
My point was that oil isnt a fossil fuel consisting of liquefied dinosaur matter.
Definitely true about natural gas but anaerobic bacteria in the Dead Sea is the only proven and accepted form of natural creation of petroleum. The Russian data on continuous creation only supports tundra creation.so far.
Good or bad, this is another Obama era trend Trump has had little chance to stop or speed up yet.
US oil production by year at DuckDuckGo
I'll say its good to have some chance of satisfying our needs if/when OPEC gets angry at us.
I'll say its bad to potentially pump ourselves dry or just to REALLY expensive to extract oil before they pump themselves dry or to their costly to extract reserves.
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